Santander Universities

More scholarships at Exeter are set to be supported by Santander.

Santander Universities to provide new scholarships for Exeter

Santander, through its Santander Universities global division, will be giving more scholarships to the University of Exeter. 

Santander announced it is to provide UK Universities with new scholarships to celebrate their successful rebranding from Abbey to Santander. They will also provide three new scholarships to Exeter as part of the Formula Santander Scholarships Programme. Formula Santander is an international scholarship and mobility programme for undergraduate and postgraduate students that will benefit Spanish, Brazilian and British universities with which the bank has partnership agreements.

The Formula Santander initiative was announced by Santander’s Chairman Emilio Botín in March to honour Santander’s relation to Formula 1 before the start of the 2010 Formula 1 season in Bahrain, with the support of four F1 drivers from Ferrari and Vodaphone McLaren Mercedes teams: Alonso, Massa, Hamilton and Button, three of which are World Champions. On 16 June, Santander Universities UK held an event in their head office in Triton Square, London to announce the launch of the new scholarships in addition to the Formula Santander Scholarships Programme from which Exeter is set to benefit.

Professor Steve Smith, Vice-Chancellor of the University of Exeter, joined other university Vice-Chancellors and representatives from prestigious UK universities with António Horta-Osório, Lord Burns and the Director of Santander Universities UK, Luis Juste to commemorate this significant announcement. The event presented an opportunity for the Vice-Chancellors to sign a document along with António Horta-Osório to cement further Santander’s commitment to higher education.

Santander is now set to provide Exeter:

•    3 new Formula Santander scholarships at £4,180 (5000 EUROS) each
•    3 UK Undergraduate scholarships at £3000 each
•    1 International Postgraduate scholarship at £5000

Under Exeter’s pre-existing partnership with Santander, the bank is already providing £120,000 worth of financial support over three years to fund studentships and bursaries.

Speaking about the announcement António Horta-Osório said: ‘We want students to emerge stronger despite the undesirable economic conditions, and by improving education and developing a strategy for continued improvement in learning opportunities, research and mobility we believe this is possible. I am delighted to represent Santander in making this announcement, and hope the 42 UK universities benefiting are as excited as we, at Santander, are about this opportunity.’

Notes to Editors

Santander Universities Global Division

The relationship that Santander has had with the university sector since 1996 has established itself as one of its hallmarks. Already more than 850 academic institutions receive support from the bank for the implementation of study programs, teaching projects, research, and activities to promote the use of new technologies on campus, or promote the relationship between universities and businesses, among others. Santander supports the university community more than any other bank in the world, with initiatives such as the granting of more than 17,000 scholarships and travel bursaries each year to promote study, research, social inclusion and the inflow of students in the labour market. The bank assists in the development of over 2,500 university projects. In the UK, Santander collaborates with 39 academic institutions. More information is available on www.santander.co.uk/universities

Date: 28 July 2010

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