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13 July 2011 | PR 11/91

Santander support accelerates with Formula Scholarships

Santander - F1

Loughborough’s strong relationship with Banco Santander has moved up a gear, following the banking group’s decision to award the University further funding through its scholarship programme.

Through its Santander Universities Global Division, the company has announced it will be offering 10,000 university grants and scholarships in the UK over the next four years.

The grants are part of the Formula Student programme which is giving 300 scholarships worth €5,000 each to recipients in Brazil, Spain and the United Kingdom.

Formula 1 drivers’ Lewis Hamilton and Jenson Button handed out scholarships at a ceremony in Central London, which was well attended by students from Loughborough University

Will Warden, a recipient of a Santander scholarship who was at the event, said:

“The support that Santander has provided me as a student has been superb.  Not only has it allowed me to focus on my studies without having money worries, it has also meant that I have been able to combine my sporting aspirations.  This year I captained the Loughborough Students Rugby team, which made it to the league two play-off final.

“Not only was the ceremony a great opportunity to meet Lewis and Jenson, but importantly it also gave me the chance to personally thank Santander representatives, and tell them how their funding has paid dividends in my academic studies and sporting achievements.”

Vicki Unwin, Head of Sport Fundraising at Loughborough University, said:

“We have worked closely with Santander Universities over the last four years.  Examples of this include support for our Hockey and Futsal Programmes, prizes in the School of Business and Economics and global travel scholarships to strengthen links with Universities in South America and China.

“The fact that Santander has decided to extend its support to the University through this year’s Formula Scholarships scheme is much appreciated, and further builds on our strong relationship.”

Emilio Botín, Chairman of Banco Santander, said:

“Santander’s UK alliance with universities is very successful. For us it is an honour to have such a privileged relationship with the UK universities. That’s why in the next four years our target is to distribute 10,000 awards and scholarships. I am very proud to announce an extra 100 scholarships for the UK”

−ENDS−

For all media enquiries contact:

Rob Knott
PR Officer (Sport)
Loughborough University
T: 01509 228686
E: R.A.Knott@lboro.ac.uk 

Notes for editors:

1. Banco Santander
Banco Santander, one of the largest banks in the world, created the ‘Santander Universities Global Division’ in 1996 to support the Higher Education sector in areas such as teaching and research, international cooperation, knowledge and technology transfer, entrepreneurial initiatives, student mobility and innovation.

Santander Universities Global Division has signed co-operation agreements with 945 universities in 15 countries in 3 continents.

‘Santander Universities’ was introduced in the UK in 2007 and the bank is already collaborating with 47 British universities and Higher Education Institutions, with agreements focused on promoting international exchange, entrepreneurial activities and the mobility of students and researchers within the network.

‘Santander Universities’ initiatives include:

  • the granting of over 14,200 scholarships a year to promote study, research and initial professional work experience and bursaries to facilitate student and staff mobility between universities in the network
  • 9,847 mobility grants
  • the issue of 4.7 million Santander “Smart Cards” in 227 universities

For Santander, investing in education is the most powerful means of promoting the development and prosperity of society.

 

2. Loughborough University
Loughborough is one of the country’s leading universities, with an international reputation for research that matters, excellence in teaching, strong links with industry, and unrivalled achievement in sport and its underpinning academic disciplines.

It was awarded the coveted Sunday Times University of the Year 2008-09 title, and is consistently ranked in the top twenty of UK universities in national newspaper league tables. In the 2010 National Student Survey, Loughborough was voted one of the top universities in the UK, and has topped the Times Higher Education league for the UK’s Best Student Experience every year since the poll's inception in 2006. In recognition of its contribution to the sector, the University has been awarded six Queen's Anniversary Prizes.

Loughborough is also the UK’s premier university for sport. It has perhaps the best integrated sports development environment in the world and is home to some of the country’s leading coaches, sports scientists and support staff. It also has the country’s largest concentration of world-class training facilities across a wide range of sports.

It is a member of the 1994 Group of 19 leading research-intensive universities. The Group was established in 1994 to promote excellence in university research and teaching. Each member undertakes diverse and high-quality research, while ensuring excellent levels of teaching and student experience.

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