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Exporters can take out policies only from companies operating in Pakistan, which can be expressed in Rupees or in foreign currency. Student is not allowed to apply for any sort of loan from any financial institution / bank, without seeking prior permission from MCB until the first installment of the MCB Student Loan has been paid. Higher Education Commission Pakistan is an independent, autonomous, and constitutionally established institution of primary funding, overseeing, regulating, and accrediting the higher education efforts in Pakistan. HEC is responsible for formulating higher education policy and quality assurance to meet the international standards as well as providing accrediting academic degrees, development of new institutions, and uplifting of existing institutions in Pakistan. Admission decision will be communicated through courier service; however, you can also check your application status through your online account. What Is The Higher Education Commission Hec, Pak