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"Keep the Cat Free"
24/05/13

The importance of funded scholarships

Not every student has the luxury of a healthy bank balance
Anonymous (non-IC)
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Disappointingly, they transfer the money into your account, and don’t just give a massive pile

Like an excitable kid on Christmas morning, A-level results day saw me up before dawn, frantically refreshing the beloved UCAS track page to see whether or not I’d cut the mustard. Unfortunately, I had to be up and at work early that morning, so couldn’t make it in to school to find out my exact results or jump into one of those coveted Guardian photographs (though I’m sure I lack the breasts and extra X chromosome to meet their criteria, anyway).

Whatever the specifics were, I’d gotten in. That was enough to keep me bouncing through work all day until I went to a pre-results party dinner at a friend’s house. Most of the room were thrilled with the outcome of the day, and heavily engrossed in wine and conversation about the mystery that was freshers’ week. Naturally, any questions fired at me were along the lines of “isn’t London really expensive?” Sure, I said, but my naïve eighteen year old self hadn’t quite clocked just how much so.

It was then I got thinking about an old family friend called Paul. Paul was a bit of a computer whizz, to say the least, and back in the eighties he managed to secure himself a place studying Computer Science at Fitzwilliam, Cambridge. This was down to pure academic merit: Paul was the first from a small town to make it out and do something special, but was also unfortunate enough to lack the financial support to properly fund his education. He basically spent his university days working a full time job in tandem, dedicating countless hours that could have been better spent on his course playing piano at an over-priced restaurant, and ended up narrowly missing out on a first.

Thankfully things have come a long way, with all of the elite universities now offering some form of support for brilliant minds that happen to be born into less privileged financial circumstances. I am currently the lucky recipient of awards from the college and a large bank, both of which are subject to satisfactory academic performance, and both of which make studying in London possible.

These awards have helped me to pay for a multitude of things: the over-priced halls of residence where I made most of my friends, the slightly less over-priced private accommodation when I moved out, enough food to keep me healthy and well fed, and the occasional beer or two. Without these scholarships, accepting an offer from Imperial would have been unrealistic.

I still work a part time job, but thanks to the scholarships I am able to dedicate most of the time to my studies, and hopefully because of this I won’t be in the horrible situation of missing out on a grade because I had to spend all of my time making money. Imperial has one of the highest intakes of privately-educated students in the country: in addition to helping with financing, the scholarships have also helped me to blend in socially, providing I avoid the likes of Amikahikibargovida (although they play terrible music anyway).

I still work a part time job, but thanks to the scholarships I am able to dedicate most of my time to my studies

I’m sure that I’m not alone: several of my friends are in the same position, I’m sure there are plenty of other people that I haven’t met or who haven’t mentioned it. I’m sure we’d all agree that scholarships are an important thing with endless benefits to the recipients, and that we’d want incoming students to have similar, or better, experiences like those we’ve been lucky to have.

For these reasons, I am asking that anyone on a scholarship, or anyone who understands their importance, to donate to The Skeleton Fund. Every penny will go the Rector’s Scholarship Fund, and will directly help undergraduates and postgraduates to afford university. Donating a small amount of money won’t break your bank, but will demonstrate to the college just how important such awards are, and ultimately the accumulated money will create a fantastic opportunity for worthy recipients in the future.

Disclaimer: the writer of this article works for Felix, but is not associated with the Skeleton Fund and wished to remain anonymous.
 

Comments (18 comments)

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Rubbish

Friday June 08 2012 11:42

This is just poorly veiled advertising. I'm sure the College is glad to hear that you're spending their money on "a few beers".

Vigilante Cat

Friday June 08 2012 12:55

@Rubbish: I'm sure daddy would be thrilled to hear that you're spending his hard-earned cash on "a few lines of coke"?

Christ, admire the honesty. I think everyone at IC needs "the occasional beer or two". It's probably what keeps us from having so many people going postal.

Best of luck with the fundraising for this worthy cause. And keep savouring the sweet taste of those pricey £2 pints...

Censorship

Friday June 08 2012 13:50

Nice to see felix removing a comment which doesn't break the commenting policy just because it disagrees with the article.

Jonathan Kim

Friday June 08 2012 17:16

@Censorship: Due to a bug in our commenting system your comment was categorised at spam and so didn't show up. Apologies for this and it shouldn't happen again.

Jonathan Kim
Web admin

Why?

Friday June 08 2012 19:30

I live off a loan, grant and bursary with no problems at all. I even get the tube into college. So what's the need of the Rector's fund? Am I missing something?

Why not?

Sunday June 10 2012 10:53

@Why?: Presumably eligibility requirements vary? In any case I'd say offering a range of financial support will be key in bringing in the top students from all financial backgrounds, particularly with the incoming £9K fees and loss of affordable halls of residence like Wilson House.

Curiosity (kept the cat free)

Sunday June 10 2012 15:26

"subject to satisfactory academic performance"

Out of curiosity, what does this statement mean? What would qualify as unsatisfactory performance?

Graduate

Sunday June 10 2012 17:38

@Why not?: Who pays off the £9k p.a. loan? The graduate. Not the student, the graduate. Why should some graduates end up with a smaller loan to repay just because their parents don't earn as much? What benefit is a tuition fee rebate to a poor student whilst at university?

Why not?

Monday June 11 2012 13:07

@Graduate: If you've been following the news you'll notice that a lot of students from poorer income families are somewhat put off by the daunting cost of tuition. While I'd say this fear may be unfounded, it doesn't change the fact that many students have that fear.

My point was that in order to override any of these fears, top universities need to continue to offer a range of financial support to students from poorer backgrounds, not that some graduates should have a smaller loan to pay back (although some universities offer bursaries in the form of reduced tuition fees, which in my opinion is pointless and unhelpful).

Vigilante Cat

Monday June 11 2012 14:01

@Graduate: "Why should some graduates end up with a smaller loan to repay just because their parents don't earn as much?"

This basically equates to:

"Why should some tax payers pay less because just because they don't earn as much?"

Nice one.

Author

Monday June 11 2012 15:46

@Curiosity (kept the cat free): I'm not actually too sure.

Some were just issued based on grades (e.g. one from a bank was issued to the 10 students with the highest overall scores).

I believe that others (that come in installments rather than a lump sum) can be revoked if your grades slip, but I'd like to avoid finding out what that cutoff actually is!

Graduate

Monday June 11 2012 21:22

@Vigilante Cat: So the graduate's parents are expected to pay off their loan?

Graduate

Monday June 11 2012 21:32

@Why not?: Surely if you actually want the degree enough, having to pay off a loan with a very low interest rate when you're in a highly paid graduate job wouldn't put you off? Of course people will complain and SAY that they're put off because who would rather pay more?

Surely if it does put you off then you'd be better considering other career options.

The reason fees have gone up is because the number of people going to university has increased because of Tony Blair's government pushing them. Doing a degree in Stained Glass Window Studies sounds like a three-year booze-up to me.

Jesus H Christ

Tuesday June 12 2012 13:23

This whole thread is such bullocks.

The point of these scholarships is to help students pay for living during their degree.

Nobody I know has managed to get through university solely with their student loan – they've either been helped along by their parents, or worked a part-time job, or both.

If you're poor, therefore, having a scholarship takes the place of parental subsidy, or working an extra job and watching every penny you spend.

Oh dear...

Tuesday June 12 2012 17:30

"The reason fees have gone up is because the number of people going to university has increased because of Tony Blair's government pushing them. Doing a degree in Stained Glass Window Studies sounds like a three-year booze-up to me."

Ding ding ding, it's the mental tabloid stereotype bell! Well done, you hit the mental tabloid stereotype of "why should I pay for a slacker to get a junk degree?".

As if the most valuable thing you get from your university education is subject specific knowledge. You massive berk.

At least you managed not to spell Blair as Tony B Liar, then I would have had to get out the extra special moron bell.

Graduate

Tuesday June 12 2012 22:55

@Oh dear...: How many people doing pointless degrees go on to get jobs?

Fraser Waters

Wednesday June 13 2012 14:08

@Graduate: I think given the current situation you can expand that question to "How many people doing degrees go on to get jobs?" and get the same answer your looking for.

@graduate

Saturday June 16 2012 20:03

Nah, you're right, those 4 years of learning the chemical structure of your own farts was probably vastly more useful to society than a "waste" degree. I bet you are using loads of your knowledge from University as we speak! That's why companies like graduates so much right? Because They come fully equipped with all the knowledge needed to do their job and don't need any training whatsoever. If only a degree, regardless of subject, gave some guarantee of how easily someone could be trained...

Of course, if you skipped the part of your course where you learned how to act like an adult and spent the time thinking about how great you were while pissing about doing some super hard, super serious engineering, then maybe that will be why the only benefit you see in university is the ability to solve some shoddy differential equations.

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