Cambridge University college to offer free places to poorer students by funding study and living cambridge-news.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cambridge-news.co.uk Daily Mail and Mail on Sunday newspapers.
A Cambridge college will offer the UK’s most generous bursary scheme – with 40 disadvantaged students getting the equivalent of £51,000 each.
The students at St John’s will get full tuition and living expenses for three years, meaning they will graduate debt-free.
The college, which is one of Cambridge’s wealthiest, aims to rival the lavish financial aid handed out to students by Ivy League universities in the US.
Applicants to the St John’s scheme – planned to start in 2023 – must have a household income of below £16,200. Eligible students will be able to access more than £17,000 of financial support for every academic year.
A Cambridge University college will offer free places for students from lower-income backgrounds by fully funding their education and living costs.
St John’s College has described its Free Places support package, which will cover tuition fees, accommodation costs, and other living expenses for up to 40 undergraduates at a time, as the UK’s most generous bursary scheme.
Eligible students will be able to access more than £17,000 of financial support for every academic year at Cambridge, around £51,000 over a three-year undergraduate degree, allowing students to graduate completely debt-free.
It comes as the most selective universities are under increased pressure to improve access to higher education for different groups of students including those from disadvantaged backgrounds.