Two local students will be awarded a three year bursary by Collins Stewart Wealth Management to support them during their time at university.
The bursary scheme, which launched last month in schools and colleges, aims to help local students continue onto higher education by offering two bursaries of £1,500 paid annually for three years along with the opportunity to undertake work experience at the wealth management firm.
Applications are welcome from any student about to start university, or with at least three years remaining on their university course. One bursary will be awarded to a student who is undertaking a finance-related course and the second bursary will be awarded for a course of a non-financial nature.
Head of Collins Stewart in the Isle of Man, Dermot Hamill said it was important for local businesses to support students through university.
“It is vital, especially during these challenging financial times, that local businesses help support students through higher education and encourage them to return to the island to pursue a career locally upon completion of their studies. Whether that’s funding for their studies, work experience or holiday work, it’s all important in helping.”
“The cost of university education is now becoming a barrier for students who want to continue their studies and with the extra costs of travelling between the island and the UK, the bursaries will help ease the financial burden. The work experience we offer will help students gain a competitive advantage and it means that they will leave university with work experience and a degree to offer potential employers.”
Candidates are required to complete an application form and provide a copy of their existing CV. Shortlisted students will be invited for an interview and if selected, the candidate must provide evidence that they have been offered and accepted a university place and that they have gained at least 300 UCAS points.
Application forms are available through schools and at the Careers Centre in Douglas and should be completed by 30 April 2013.
The bursary scheme has been run successfully in Collins Stewart’s sister office in Guernsey since 2009 and has recently taken on its second set of students. So far it has helped an economist, a mathematician, a chiropractor and a doctor through their degree courses.