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Alumni who matriculated at Churchill 32 years ago are marking their reunion year by clubbing together to provide financial support for students at the College today.
The plan is to raise enough money across all five year groups to leave a lasting legacy by creating an endowed fund that every year into the future will provide a student with the same educational opportunity you enjoyed.
With annual tuition fees of £9,250 and living costs of a similar amount it is vital that Churchill is able to continue offering high levels of financial support to students from low income backgrounds, especially as they have to borrow all the money they need to live and study – there are no grants at all.
Churchill has always been a pioneer with an exceptionally proud tradition of access to higher education. The College regularly gives out more offers to state-educated students than many other Oxbridge College and we can also point to the remarkable success story that our most disadvantaged students thrive here because of the individual support and targeted bursary funding they receive.
Donations to the 1988 – 92 Bursary appeal will be used to support students with household incomes of less than £25,000 p.a. by providing them with an annual bursary of £3,500.
£14,000 raised will support one undergraduate with a full bursary for the duration of their course.
If each year group contributes £20,000, this will raise enough to endow a full Student Bursary in perpetuity. The creation of an endowed 1988-92 Bursary would leave a lasting legacy that will help secure the future in a deteriorating environment for public funding for high quality education.
The best and brightest students should feel able to apply to Churchill and benefit from a Churchill education and experience without debilitating financial concerns. Together the 1988 year group can help make this happen!
If everyone contributes even a relatively small amount, we will be able to make a big difference as a group to current students at Churchill.
Every individual donation of any size will help us reach our target. If 150 alumni across the five year groups were to commit to donating £15 per month for three years (or a one-off amount of £500), with gift aid that makes just over £100,000. This amount, when endowed, would generate between £3,500 and £4,000 per year which would fund one student for a year with a full bursary.
If you are in the UK, your gift will be increased by 25% if you pay tax at the basic rate, and there are other tax incentives for higher-rate payers. The same is true of those based in the USA where the College can receive gifts tax-efficiently through Cambridge in America, or in Canada where gifts to the College and University are tax-deductible.
If you would prefer to give via another method, you absolutely can do! Your gift will be reflected in the total on this platform within three working days of us receiving your gift.
Alternative methods of giving are:
• By bank transfer using the details found here
• Via Cambridge in America, to give tax-efficiently from the US here
• By calling the Development Office on +44 (0) 223 331660 to pay over the phone
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