Lloyds Banking Group - Lloyds Scholars Programme

What the Lloyds Scholars Programme offered

Scholarship holders received an annual cash grant of approximately 1,750 EUR (£1,500) to cover their tuition fees and living costs. This was paid for the entire duration of a three- or four-year Bachelor’s degree programme. In addition to this money, recipients also received:

• Up to two 10-week paid work placements with Lloyds Banking Group (approx. £350 per week).
• A personal mentor from the bank’s senior management – in other words, someone who has advised and supported you.
• A mentor from the bank’s young talent programme.
• Workshops to build job skills.

After graduating, you were able to apply for the ‘Lloyds Graduate Leadership Programme’. The Lloyds Banking Group ran this programme to give pupils from low-income households access to the best British universities and to help them make a smooth transition into working life. In return, you undertook to volunteer for at least 100 hours a year and to promote the programme in schools in deprived areas.

Who could apply

• Where you study: You were admitted to a full-time Bachelor’s degree programme (3 or 4 years) at one of the following partner universities: Oxford, University College London, Edinburgh, Bath or Birmingham.
• Field of study: Any Bachelor’s degree subject.
• Fee status: They had the status of a British student liable for tuition fees.
• Financial need: According to the Student Loans Company’s assessment, your annual household income was below £25,000,.
• Grades: You had at least 320 UCAS points (roughly equivalent to grades ABB).
• First degree: That was your first bachelor’s degree.

How you applied

You applied directly to Lloyds Banking Group via its online portal. The application deadline was 14 July. A panel comprising representatives from Lloyds Banking Group and the university selected the scholarship recipients, and the results were announced between August and October.