Scholars who are taking part in a new bursary scheme have been officially welcomed at a University reception.
Fifteen Edinburgh students are participating in the Lloyds Scholars Programme, which is designed to support and encourage students from lower income households to study at leading academic and research universities.
Edinburgh Principal Professor Sir Timothy O’Shea and Lloyds Banking Group Managing Director Lady Susan Rice congratulated the students at the reception in Old College.
The Lloyds programme, which was launched as a pilot last year, offers access to a unique package of financial support. Edinburgh is the first Scottish university to take part in the scheme.
A key feature of the bursary scheme is support from a dedicated mentor who is part of the Bank’s senior management team.
Other elements include paid internships and a chance for students to boost their employability through lectures, workshops and events run by Lloyds Banking Group.
Unlike many bursary programmes, scholars are not bound to join the Group once their studies have completed.
Scholars are required to volunteer 100 hours in their local community.
Piloted last year with Bristol and Sheffield Universities, the programme has this year expanded to six universities to include Edinburgh, University College London, Oxford and Warwick.
Speaking at the reception, Lady Susan Rice said the programme underscored Lloyds’ commitment to invest in the long-term economic future of the UK and to give back to the communities in which it serves.
Sir Timothy said he was delighted that Edinburgh is the first Scottish university to partner with the Lloyds Scholars programme.
We believe that everyone, regardless of income or background, should have access to education at a top university. Our partnership with Edinburgh allows us to deliver on our ambition in Scotland.
Lady Susan Rice
Lloyds Banking Group Managing Director
Inspiring and supporting Scottish Scholars to build their business acumen with Lloyds Banking Group will be greatly beneficial to the students as they begin to develop their future careers.
Professor Sir Timothy O'Shea
This article was published on Dec 6, 2012