Two local students starting University in September have been awarded a Bursary by locally founded fund administrator, Ipes.
Former Grammar School students Alastair Brown and Luke Berry are the first to benefit from the new scheme which will provide each of them with an annual maintenance grant of up to £1,800 and 10 weeks of paid work experience during their holidays.
Ipes had planned to choose one student but due to the overwhelming response and quality of the candidates who applied, two bursaries have been awarded.
Ipes’ Chief Financial Officer Gavin Hayman interviewed the candidates, he says, “I was supported through University with a bursary so I know first hand the help such a scheme can provide. The calibre of all the candidates was outstanding and it was extremely difficult to choose between them.”
Alastair and Luke will be taking places at UK Universities, Luke is going to Reading to read mathematics and Alastair will be studying medicine at Imperial College London.
Alastair says, “I was very pleased to be awarded the Ipes Bursary. The holiday work which makes up part of this bursary will be extremely valuable. As a result of the work and Bursary combined, I will be in a better position at University. It will enable me to contribute a greater amount towards my tuition fees and the bursary will allow me to play a greater role in the more expensive aspects of University life.”
Luke says, 'I am delighted to have received the bursary because it provides me with the opportunity to enhance my studying at university by allowing me to focus on my studies with less financial pressure. I am also grateful for the chance to undertake paid work experience during my holidays as this gives me further experience in the workplace and will prepare me for a full time career in the future.'
“As a local employer we feel it’s important to support local students who will ultimately benefit the island’s economy in the future” says Gavin Hayman.
“The cost of going to University is constantly increasing and we hope the bursaries we have awarded will help ease that burden. Following the success of the scheme this year, we are considering offering it on an annual basis” he concludes.
For more information you can visit www.ipes.com/careers