college at the University of Cambridge is to fund the living prices of scholars from low-income backgrounds - substitution the upkeep grant recently scrapped by the govt..
Undergraduates at St John's faculty are going to be entitled to a non-repayable grant of £9,570 annually, aimed toward covering their regular living expenses, if their social unit financial gain is below £25,000.
The 'studentships' theme can at first last 5 years, throughout that the faculty can assess its effectiveness and money property with a read to continued it within the future.
The initiative has been created doable victimisation entirely new funds, raised from alumni of the faculty.
Dr Matthias Dörrzapf, senior tutor at St John's faculty, said: "Like the other faculty in Cambridge, we have a tendency to believe that a student World Health Organization is capable of constructing the foremost of an area at the university ought to be ready to have the benefit of an entire instructional expertise despite their money circumstances.
"By covering the living prices of the scholars World Health Organization want the foremost facilitate... we have a tendency to square measure taking a step towards meeting our longer-term ambition to ensure that each student capable of finding out here is in a position to try and do therefore and absolutely supported from begin to end."
The announcement follows the Government's call to scrap university maintenance grants for lower financial gain students in European country and Wales.
Grants are going to be replaced by loans of up to £8,200 from Sept 2016, as patron saint John Osborne, the Chancellor aforementioned there was a "basic unfairness in asking taxpayers to fund grants for those that square measure seemingly to earn lots over them".
"If we do not tackle this downside, then universities can become under-funded and our students will not get places, and i am not ready to let that happen," he added.
Megan Dunn, president of the National Union of scholars (NUS), condemned the choice, spoken communication that the "true impact of scrapping grants" on social quality had not been properly thought-about.
She supplementary that the plans were simply the most recent "attack" on deprived students.
In response, the Cambridge faculty proclaimed their call to introduce grants to students with a family financial gain below £25,000.
It is thought that the grants may price around £145,680 throughout the educational year 2016-17.
The University of Cambridge already runs a theme that is receptive all Home and EU students whose annual social unit financial gain is below £42,620 and entitles them to a non-repayable add of up to £3,500 annually.
Undergraduates at St John's faculty are going to be entitled to a non-repayable grant of £9,570 annually, aimed toward covering their regular living expenses, if their social unit financial gain is below £25,000.
The 'studentships' theme can at first last 5 years, throughout that the faculty can assess its effectiveness and money property with a read to continued it within the future.
The initiative has been created doable victimisation entirely new funds, raised from alumni of the faculty.
Dr Matthias Dörrzapf, senior tutor at St John's faculty, said: "Like the other faculty in Cambridge, we have a tendency to believe that a student World Health Organization is capable of constructing the foremost of an area at the university ought to be ready to have the benefit of an entire instructional expertise despite their money circumstances.
"By covering the living prices of the scholars World Health Organization want the foremost facilitate... we have a tendency to square measure taking a step towards meeting our longer-term ambition to ensure that each student capable of finding out here is in a position to try and do therefore and absolutely supported from begin to end."
The announcement follows the Government's call to scrap university maintenance grants for lower financial gain students in European country and Wales.
Grants are going to be replaced by loans of up to £8,200 from Sept 2016, as patron saint John Osborne, the Chancellor aforementioned there was a "basic unfairness in asking taxpayers to fund grants for those that square measure seemingly to earn lots over them".
"If we do not tackle this downside, then universities can become under-funded and our students will not get places, and i am not ready to let that happen," he added.
Megan Dunn, president of the National Union of scholars (NUS), condemned the choice, spoken communication that the "true impact of scrapping grants" on social quality had not been properly thought-about.
She supplementary that the plans were simply the most recent "attack" on deprived students.
In response, the Cambridge faculty proclaimed their call to introduce grants to students with a family financial gain below £25,000.
It is thought that the grants may price around £145,680 throughout the educational year 2016-17.
The University of Cambridge already runs a theme that is receptive all Home and EU students whose annual social unit financial gain is below £42,620 and entitles them to a non-repayable add of up to £3,500 annually.
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