Lloyds Banking Group to fund 15 student scholarships a year at Warwick
The University has just signed an agreement with Lloyds Banking Group to provide support for 15 home undergraduate students a year from low income backgrounds.
A signing ceremony was held on 12th June, in Lloyds’ Gresham Street offices in London, with António Horta-Osório, Group Chief Executive of Lloyds Banking Group and the Vice-Chancellor of Warwick Professor Nigel Thrift.
Professor Thrift said:
“Lloyds’ support is doubly welcome as it not only provides funding for students from low income backgrounds to study at a great University, it also provides them with a range of powerful opportunities that will help them find a great career.”
Lloyd’s now offer this support at a total of six Universities: Edinburgh, UCL, Oxford, Warwick, Bristol and Sheffield.
António Horta-Osório, chief executive of Lloyds Banking Group, said:
"When we launched the Lloyds Scholars pilot last year we gave a commitment to grow the programme and expand to more of the UK’s top universities. Tonight we are celebrating the expansion of the Lloyds Scholars programme from two to six of the very best universities in Britain.”
"We have developed the programme to give undergraduates all-round professional and vocational experience. We also ask our Scholars to volunteer in their local communities during the academic year to support the Group's wider commitment to support UK communities."
Lloyds will provide 15 scholarships each year, starting from October 2012, for students from low income background worth up £17,000 to each student during their time at Warwick. The scholarships will consist of an annual cash bursary, additional annual awards based on academic achievement, opportunities for the best performers to receive end of course awards, a guaranteed ten week paid internship, and mentoring from Lloyds staff and ongoing local and national cohort activities. Successful scholars will also be invited to join Lloyds’ graduate leadership programme. In return the scholars must give 100 hours of their time per year to volunteering in their local community.
Further details on the scholarships can be found at:
For further details please contact:
Peter Dunn, Head of Communications, University of Warwick,
p.j.dunn@warwick.ac.uk Tel: 024 76 523708 Mobile 07767 655860
PR82 PJD 14th June 2012