First bursaries granted by Capita and Strathclyde University
Seven students at the University of Strathclyde have become the first beneficiaries of bursaries granted through the Partnership Contribution Fund, a joint fund created by Capita IT Services and the University to provide education and employment benefits to students and graduates.
The Partnership Contribution Fund is a key feature of a new Strategic Technology Partnership between Capita IT Services and the University, which is the first of its kind for a university in Scotland. Capita IT Services has been engaged over a five-year period to support the delivery of significant technology enhancements, including the replacement of many of the University's major IT systems and improvements to the management and storage of research data.
Funding applications from 18 students were considered in the first round of Capita Bursary awards, with their applications being adjudicated on the basis of their level of financial difficulty and its anticipated impact on their studies. In total funding worth £5,000 has been awarded to the students, who have been granted amounts of between £500 and £1,000 each.
Peter Hands, executive director at Capita IT Services, said: "We are very proud to be able to announce that the first bursaries awarded through the Partnership Contribution Fund have been awarded to seven University of Strathclyde students.
"These bursaries have the potential to make a real impact on their future education and employment prospects.
"This is just the first of many investments which the Partnership Contribution Fund will make, with the aim of creating significant economic and social benefits for Strathclyde and the wider region."
Professor William Kerr, Strathclyde Academic Lead on the Strategic Technology Partnership and Partnership Contribution Fund, added: "Such bursaries from Capita allow Strathclyde to further escalate our levels of support to a broad base of students whilst reducing barriers and widening access to higher education.
"The distinct and growing connections with Capita also provide our students with further direct engagement opportunities with business partners, providing elevated levels of external insight and supporting more effective future career decisions."
In addition to bursaries, the Partnership Contribution Fund will support a range of initiatives including internships, PhD studentships, guest lectures, and outreach activities with local schools. It aims to create economic and community benefits to Glasgow and the west of Scotland, as well as improving education opportunities for students and graduates.
The Partnership Contribution Fund is financed by initial direct investment from Capita and, in future years, will be funded through a range of innovative reinvestments from Capita and its partners.