The Lady Mary Ramsey Fund - joint fund for hardship and bursaries
We have a number of hardship funds and bursaries dedicated to providing support to undergraduates in cases of financial hardship. Some of our older hardship funds are limited to particular disciplines or to other special cases, but there is a lot of flexibility within the joint fund to provide support where it is needed. Contributions to these funds, or the endowment of new ones, are very important and allow us to act quickly, enabling students to focus on their studies rather than their financial difficulties. In the past year 77 students have benefitted from the Bursary scheme and a further 648 undergraduates received other forms of financial support (including 89 Friends of Peterhouse Well-being grants). The expansion of these funds continues to play a major part in the Development Campaign. Donors are also invited to contribute to a subject specific or general bursary named fund. To name a bursary the donor must pledge £1,500 per year for at least three years.
Extra Financial Support in 2020-21
Thanks to the continuing generosity of large numbers of Petreans past and present, Peterhouse is in the fortunate position of having funds available for the support of its undergraduates and graduates. Careful stewardship by the current and previous bursar has ensured that these have grown steadily in value and are now quite significant. In addition, 72 students were in receipt of Cambridge Bursaries which are partially funded by the College. Different categories of grant are distributed in different ways. Undergraduate Bursaries are means tested and awarded in collaboration with central bodies as part of the Cambridge Bursaries Scheme. Peterhouse Research Studentships and Scholarships are awarded by the Research Studentships Committee. Other grants, such as hardship grants, are distributed by the Grants Committee and travel grants are distributed by the Travel Grants Committee. The previous year's figures are shown in brackets.
Undergraduate Bursaries: 72 (77) students were in receipt of Cambridge Bursaries at a total cost to the College of just over £240,581 (£215,890) from the endowment, the Postan Fund, the Dick and Edna Airey Fund and donations from Petreans including the Friends of Peterhouse, Reuben Awards and Digital Gateway grants. 550 grants were awarded to undergraduates, including 65 from the Lady Mary Ramsey bursary scheme. All undergraduates who were in residence during a vacation period because of the pandemic were given a grant.
Research Studentships and Scholarships: 35 (31) full or partial Peterhouse Graduate Studentships were awarded at a total cost to the College of £720,789 (£741,650) plus one tuition fee contribution from the Crosthwait Fund, two ESRC match-funded, four AHRC match-funded, two Part Marshall funded, two Cambridge UK Masters and Peterhouse Scholarships and one Cambridge International & Peterhouse studentship. The vast majority of the Peterhouse full awards were in the sciences. The studentships were supported from the College’s Graduate Studentship Funds in the Arts and in the Sciences, thanks to the generosity of Petreans. In addition, two sport scholarships were awarded at a total cost of £8,300 (£10,000). There was also a contribution of £5,000 from the Morgan fund towards a student's tuition fees.
Travel grants: no travel grants were awarded during 2020-21 (131 totalling £31,039).
Book Grants: 20 (14) awards were made, totalling £1,274 (£1,117).
Cowling Fund: (bursaries for historians) 2 awards (16), totalling £100 (£4,137), but a further 26 awards were given for Vacation Residence Grants, totalling £5,426.
Donation Fund: (awards for hardship, vacation residence, medical expenses) 10 (11) awards, totalling £36,913 (£51,721).
Edward Lipman Fund: (financial assistance for graduates and undergraduates in Classics, English, History, Music, and Politics) 8 awards (1), totalling £1,030 (£502).
Bruckmann: (support language study and travel abroad related to conferences and research) 1 award (35), totalling £1,842 (£25,604).
Friends of Peterhouse: (variety of purposes hardship, medical, welfare, sporting, and research) 95 (62) grants, totalling £26,990 (£30,901).
Friends of Peterhouse Wellbeing Fund: (to purchase anything that would help support general well-being during the COVID Pandemic) 88 (197) grants, totalling £12,890 (£17,142), but a further 46 Vacation Residence Grants were awarded totalling £12,092. The Friends of Peterhouse also provided a one-off gift of £50,000 to the College for the support of student well-being during lockdown.
Stemson: (to help with the cost of representing the University in sport) 11 (19) awards, totalling £3,640 (£4,704).
Gehring Fund: (for overseas students in financial difficulty) 4 (3) awards, totalling £1,477 (£1,210).
Greta Burkill Fund for Graduates: (for graduate students for a variety of purposes including language courses, travel to conferences and travel for research) 14 (41) grants, totalling £ 9,644 (£20,849).
Gunn Studentships: (towards the final year of a Ph.D.) no awards were made in 2020-21 (3 awards totalling of £3,000).
Plevy Newman Fund: (for medical students): 15 (19) awards totalling £6,312 (£10,476.15).
Kidd Bequest: (vacation study grants) 93 (61) awards, totalling £24,256 (£20,063).
Mariott Fund: (support of students from Malaysia) no awards were made in 2020-21 (2 awards totalling £411).
Morgan Fund: (support for those seeking ordination) no awards were made in 2020-21 (6 awards, totalling £23,090).
Muir Wood Award: (for graduates in Maths Engineering and Science attending conferences, hardship and long vacation residence) no awards were made in 2020-21 (1 award, totalling £271).
Jeremiah Markland Fund: (support for Classics' students) 6 (3) awards, totalling £654 (£713).
Herton Family Fund: (undergraduate medicine and science) 14 awards, totalling £2,441 (no awards were made in 2019-20).
Jepson Fund: (hardship fund for medical students) 9 (3) awards, totalling £1,106 (£1,989).
Donald Higham Fund: (bursaries and hardship for Natural Sciences/Science) 10 (26) awards totalling £4,817 (£12,486.67).
George Crisp Studentship: (medical or theology students) 5 (2) awards, totalling £483 (£368).
Lord Dacre Language Fund: (History and Classics) 3 awards, totalling £816 (no awards made during 2019-20).
Gita Padmanaban Prize: (for physics and mathematics) one annual award in the sum of £300.
Friends of Peterhouse Student Well-Being Fund
Named in recognition of the support for student wellbeing we have received over the years from the Friends of Peterhouse. Donations to this fund will be used for initiatives promoting student wellbeing from the provision of additional counselling and mental health support to yoga classes, etc. This year in addition to their usual level of financial support, the Friends of Peterhouse made a very generous grant to support junior members’ wellbeing during lockdown and also paid for the yearbook for those who would have graduated.
Alongside the new organ, the College is very keen further to enhance the musical life of the College with the establishment of additional grants and awards for our undergraduate and graduate musicians.