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Study opportunity

LLOYDS BANKING GROUP LAUNCHES LLOYDS SCHOLARS
UNIVERSITY PROGRAMME
University of Sheffield students invited to apply for bursary and internship
programme
 
As part of its commitment to the communities in which it operates, Lloyds Banking Group is
pleased to launch Lloyds Scholars – a programme which will support and encourage students from below average income families to study at leading top academic and research universities.
 
A unique programme, Lloyds Scholars provides students with support for their academic and
vocational development including mentoring and volunteering opportunities.  Additionally, unlike many established bursary programmes, students are not bound to join the Group once their
studies have completed.
 
Scholars will benefit from a complete financial and support package:
 
• Annual bursary payment to help with living costs and study materials
• Additional annual cash awards based on academic achievement
• End of course excellence awards for top scholars
• Paid summer internships with Lloyds Banking Group
• Mentoring and development of a support network with senior employees of the Group
• Cohort activities to develop employability and broader transferable skills
• Access to Lloyds’ graduate recruitment programme for top scholars
In return, scholars will:
 
• Volunteer a minimum of 100 hours in the local community
• Actively promote and champion the Lloyds Scholars programme to future generations in
schools
The Group is launching a pilot of Lloyds Scholars at the University of Sheffield on Saturday 18
June.  This is followed by a second pilot at the University of Bristol launching on Thursday 30 June.  
15 places are available for undergraduates at each institution.
 
António Horta-Osório, chief executive of Lloyds Banking Group, says:  
"Lloyds Scholars is a key part of our commitment to invest in the long-term economic future of the UK.  Attendance at a leading university can provide students with many opportunities.  By launching Lloyds Scholars we hope to be able to open those doors to students who otherwise might not have had the financial backing required to attend.  We are also providing the Scholars with hands-on work experience that will put them in good stead for their future careers.  

"We have developed the programme to give undergraduates all-round professional and vocational experience.  We will also encourage our Scholars to volunteer in their local communities during the academic year to support the Group’s wider commitment  to support communities.”
 
Universities and Science Minister David Willetts said:
"I welcome this innovative scheme, which I hope will prove to be very popular among prospective students. Access to higher education is at the heart of the Government's agenda, and providing new routes to the professions is an excellent way of helping people reach their full potential. So I congratulate Lloyds on this exciting initiative."
 
Keith Burnett, Vice-Chancellor of the University of Sheffield said: 
 "The University of Sheffield has a long history of supporting the most talented students,
irrespective of their financial background. We are delighted to be partnering with Lloyds Banking Group on this innovative scheme and are sure that it will make a positive difference to the futures of the students chosen for the scheme."
 
The selection criteria which applicants need to meet to join the scheme are as follows:
• Students come from a household with an income below £25,000
• Students have obtained 320 UCAS points, equivalent to two As and one B at A-level
• Students will have successfully completed a Lloyds Banking Group assessment