Think about it for a second. East West University has been running for 30 years. Thousands of students. Multiple semesters every year. Tuition fees coming in continuously. So where does all of that money go?
Not into anyone's pocket. Not ever.
East West University is the first and primary project of the Progoti Foundation for Education and Development (PFED), a completely non-profit, non-political, charitable organization formed by a group of academics, business leaders, professionals, and education enthusiasts led by Dr. Mohammed Farashuddin. From the very first day EWU opened its doors in 1996, the structure was clear: any financial surplus generated by the university goes back into the institution. No profit distributed. No shareholders taking a cut. No commercial motive driving decisions.
This was not an accident. It was a deliberate choice made by the people who built EWU, rooted in a specific belief: that a university exists to serve its students and society, not to generate returns for its owners.
That choice shows up in ways students experience directly. EWU runs one of the more active financial support systems among private universities in Bangladesh, including merit scholarships, the Medha Lalon Fund, sibling tuition waivers, and need-based financial aid. These exist because the money that comes in stays within the institution and gets directed toward students.
Thirty years later, in 2026, both TopUniversities and UniRank still explicitly classify East West University as a private not-for-profit institution. The commitment made in 1996 has never changed.
Most people walk past this fact every single day without knowing it. Now you do.
