University pledges £200,000 to aid ‘credit crunch’ graduates
(6 February 2009)
Durham University has pledged £200,000 to help its graduates compete for jobs more effectively in a tougher economic climate.
More than 100 of Durham’s top home and overseas graduates will be in line for a new £2,000 scholarship for a one-year taught postgraduate course for October 2009 entry.
Although Durham University graduates continue to be among the most sought after in the country, the new scheme encourages graduates to acquire enhanced transferable skills to give them a further advantage when competing for the very best jobs.
The 102 successful candidates must demonstrate strong academic achievement and potential on an application which will be assessed by a team of senior Durham academics.
The candidates must commit to living in one of Durham’s 16 colleges for the duration of their study and in return will receive a £2,000 scholarship to help with their living costs during the period of further study.
The scheme will run for one year but may be extended subject to an evaluation by University senior managers. The money will come from the University’s annual budget.
Masters students on all courses can develop enhanced academic knowledge and transferable skills, such as analytical, problem solving, research, and communication skills that can contribute to their future employment possibilities.
Professor Anthony Forster, Pro-Vice-Chancellor for Teaching and Learning, said:
“We’ve launched this scholarship because we recognise that, even for the most academically able and talented graduates, it’s a tough economic environment in which to seek employment.
“We want to give our graduates an extra incentive to build on their skills, ensuring they are in the very best position to get a firm foot on the career ladder.
“This scholarship will also help retain some of our very best graduates in the North East of England and contribute to creating diverse communities in the Durham colleges.”
Students graduating this year will have to apply for the scholarships by Friday February 27th, for courses starting in October 2009, with the final decision being made by the end of March.