Cambridge Vice-Chancellor Alison Richard announces today (27 November) Cambridge鈥檚 new plans for bursaries, with student funding of up to £4,000 per year. Professor Richard will also confirm her support for Government proposals on higher fees.

Previously, Cambridge has maintained a neutral position with respect to the Government鈥檚 proposals whilst it considered the impact of higher fees on access. 探花直播 探花直播 Council has now accepted a major bursary proposal, described in a Notice to the Regent House published yesterday.

Under the new plans for bursaries, if higher fees are in place, a Cambridge Bursary will aim to provide even greater levels of support from 2006:

Every student in receipt of the proposed 拢1,000 maintenance grant from Government, will get a Cambridge bursary of 拢4,000 per year toward the cost of their undergraduate education.
探花直播scheme will cost about 拢7.9 million per year, which will be financed through fee revenues in the first instance in the main, to be replaced over time through a major fundraising drive.
About one in three of UK undergraduates at Cambridge are likely to be eligible for a bursary, with about one in ten getting the equivalent of basic living costs.
探花直播scheme, designed to avoid poverty traps, will taper up to family income of about 拢35,000.

Cambridge鈥檚 existing bursary scheme offers 拢1,000 per year to those in receipt of full fee remission. This is already the largest programme of UK undergraduate support, totalling 拢1.5 million per year. 探花直播new scheme will provide more generous support, even with higher fees.

Professor Alison Richard said today:

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