A new enhanced bursary scheme jointly funded by the University of Cambridge and the Colleges is being launched to support undergraduate students facing financial pressures. Over the next ten years, more than £100 million will be awarded to students across all the Colleges. The new scheme is being made possible through the generosity of alumni and friends of the collegiate University. The additional funding, to help with living costs, will enable students to enjoy the benefits a Cambridge education offers, regardless of their personal financial circumstances. Students will start benefiting from October 2021.

The launch of the enhanced bursary scheme follows a pilot scheme involving 20 Colleges initiated by Trinity College. Students in receipt of these bursaries said they were able to participate more fully in the academic and wider student activities Cambridge has to offer. The awards also had a positive impact on their mental well-being, reducing the anxieties they had about finances.

Dr Stephen Hampton, Senior Tutor at Peterhouse said: “As one of the Colleges that took part in the pilot scheme, Peterhouse now welcomes this expansion of the Cambridge Bursary Scheme, the aim of which is to enhance the well-being of students so that everyone, regardless of background, can participate fully in University life. We are committed to breaking down barriers to access at Cambridge and to ensuring that all those whom we admit have the chance to thrive while studying here.”

Further information on the scheme can be found here: https://www.cam.ac.uk/news/university-launches-enhanced-bursary-scheme