At the
13th SAARC Summit held in
Dhaka in November 2005, Indian Prime Minister
Manmohan Singh proposed the establishment of a South Asian University to provide world-class facilities and professional faculty to students and researchers from SAARC member countries. India provides the majority of funds, around , for the foundation of the University, which is around 79 per cent of the total cost of the full establishment of the University until 2014. As of 2018, Pakistan had cleared most of its dues payable. As of 2023, all the member countries other than India have defaulted on paying the dues. The first academic session of the university started in August 2010, with two post-graduate academic programmes in
Economics and
Computer Science. , SAU offered Master's and MPhil/PhD programs in
Applied Mathematics,
Biotechnology,
Computer Science,
Economics,
International Relations,
Legal Studies and
Sociology. The degrees of the university are recognized by all the member nations of the SAARC according to an inter-governmental agreement signed by the foreign ministers of the eight SAARC member states. South Asian University predominantly attracts students from the eight SAARC countries, although students from other continents also attend. There is a country quota system for the admission of students. SAU conducts admission tests annually at various centres in eight countries. ==Campus==