The University of Liverpool has received £100,000 from US graduates to support a new scholarship programme for undergraduate students.
The Excellence Scholarships fund will ensure that UK undergraduates, from households where finance may be a barrier to further education, but who have predicted A-level grade of AAA or equivalent, can secure a place at the University for 2015 entry.
Successful applicants, from families that receive less that £42,000 in annual income, will receive up to £3,000 for each year of study. Those from households with income of less than £25,000 will receive a total package of £4,000 each year.
Future research stars
The donation has come from the directors of Liverpool’s US Foundation, an initiative that was established to allow US graduates to support University research and students. Directors of the Foundation, Former Finance Director of Wyeth, Tony Crowe; Senior Independent Director at Rolls-Royce, Dr Lewis Booth; and Executive-Vice-President of EnCore Composite Structures Inc., Dr Brian Jones, commended the new programme as an initiative that will allow young people to reach their full potential.
Karen Brady, Director of the Philanthropy and Alumni team at the University, said: “By donating to the Excellence Scholarships fund, our supporters will play an important role in investing in a bright future for the next generation of scholars and potentially future research stars.
“Given the increasingly important emphasis that our prospective students are placing on money matters, additional financial support is extremely important in informing decisions about whether to continue with education or not.
“We are grateful for the support we have had so far and welcome others to consider how their donations could positively change a young person’s life.”
For more information or to make a gift to the Excellence Scholarships fund, please visit www.liv.ac.uk/giving.