Bridging the funding gap
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University education in the UK is a great investment, with graduates enjoying much better career prospects and earning potential than non-graduates. However, the rising costs of higher education have left students in greater need than ever of information and support regarding the funding options available.
specialist student lender. Our mission is to help students to cover the cost of one of the most important investments they will ever make by providing competitive, long-term, affordable loans which are structured to meet their needs (Representative 12.3% APR variable). While students in higher education in
subsidised loans, not all students are eligible for these loans and even those their tuition costs and living expenses. A survey by Future Finance and
Censuswide, polling 1,000 undergraduate and postgraduate students across the UK, showed that 28% harboured serious concerns about being unable to complete their university course because of the rising costs of living and tuition fees. Although most universities offer
showed that nearly 40% of students do not feel that their university has done a good job of informing its students of the variety of ways in which it offers 20% of students reported that they were unsure whether their university offered scholarships or awards. Brian Norton, CEO of Future Finance, commented: “We established Future Finance to help students bridge the funding gap, where government loans/ costs of higher education. Since we began operating in June 2014 we have funded £3.5m worth of loans for students from every university across the UK. We believe that no student with the
desire and ability to pursue a university education should be denied the opportunity to do so because they lack the partnered with a number of universities to rates to their students.”
For further information visit:
www.financemyfuture.co.uk
UAL launch scholarships programme
More than 100 Postgraduate Scholarships, worth more than £1m, will be available at University of the Arts London (UAL). The scholarships programme,
including its prestigious Vice- Chancellor’s Scholarships, will enable postgraduate students to study a full- time Master's with up to 50% of their tuition fees waived. The programme represents a significant
initiative by the University aimed at breaking down the financial barriers in the way of talented arts graduates, with scholarships offered for more than 75 postgraduate Master's courses.
UAL hosts the largest postgraduate
arts and design community in Europe and draws together six Colleges with international reputations in art, design, fashion, communication and performing arts: Camberwell College of Arts, Central Saint Martins, Chelsea College of Arts, London College of Communication, London College of Fashion, and Wimbledon College of Arts. The University is also encouraging
students to make use of the Postgraduate Support Scheme (PSS) launched by the government in the last Autumn Statement. This comes in the form of £10,000 awards available in 2015–2016. Vice-Chancellor of UAL Nigel
Carrington said: “This range of scholarships will give talented and deserving students the opportunity to further their creative ambitions and explore their artistic practice. We look forward to welcoming the recipients to UAL.”
Huddersfield joins Leeds region funding
Huddersfield University will receive £2.9m government funding through the Leeds City Region Enterprise
Partnership’s Local Growth Deal. The Huddersfield Incubation and
Innovation Programme (HIIP) has two investment strands. It will enable SMEs in the advanced manufacturing, digital and creative sectors to access bespoke, state-of- the-art instrumentation such as metal 3D printing and the necessary high-level skills required to exploit the opportunities such equipment can provide. These important technologies will be
used by companies for proof of concept and rapid prototyping work that would otherwise be very difficult for them to access due to the huge investment and maintenance costs required. The investment will also be used
to further enhance the University’s relationships with new start-up companies which will be housed in an Incubator Centre based at the new Globe Mills development at Slaithwaite. This activity will build upon the success of the businesses supported by the University’s Duke of York Young Entrepreneur Centre which provides business mentoring for current students and graduates of the University. The Incubator Centre support will also be made available to local entrepreneurs wishing to establish businesses in the region. University Vice-Chancellor Professor
Bob Cryan said: “This is an another demonstration of how having an entrepreneurial university working closely with partners can provide huge benefits to start-up business and SMEs, and economic growth for the region. We are tremendously grateful for the funding support from government and the Leeds City Region Enterprise Partnership.”
UAL image: © Andres Rodriguez |
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