The bursary scheme is expected to help around 1/3 of students from next year, with bursaries of between £2,700 and £4,000 per year depending on the level of means-tested support for which that student is eligible, and their A-level grades.
To be eligible for the minimum support payment, students must be in line for a Higher Education Maintenance Grant, a means-tested payment for Home students. This will be increased to £2,900 for students gaining at least 3 A-grades at A' level (currently around 60% of students), increasing up to £4,000 for those assessed under Student Maintenance Grant means-testing as requiring the maximum level of support.
Imperial College Rector Sir Richard Sykes spoke in support of the scheme: "If you are from a poor family and few if any of your relatives go to university its not surprising that you might think a degree is too expensive for you. We want the best students to come and study at Imperial and with our bursary scheme we are making sure that we capture talent that might otherwise be lost because of financial concerns."
This may seem somewhat incongruent with the increase in tuition fees, which many fear will indeed deter students from poor backgrounds as the projected debt from top-up fees and living in London seem proportionally greatest, although the maximum bursaries will exceed student top-up fees.
Imperial College Union are broadly supportive of the bursaries but wish to further discuss some details of the eligibility criteria.
The College also announced that their Access Agreement has now been agreed by the Office for Fair Access (OFFA), leaving the way clear for the new £3,000 per year tuition fees to be charged. As well as the bursaries, measures include the appointment of a new Director of Access, and strengthening outreach activities such as the Pimlico Connection school volunteering programme.
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