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Latest news: New scheme to fund 500 aerospace degrees

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A new £6million bursary fund opening today will pay for 500 graduates and employees to study Masters (MSc) level degrees in aerospace engineering 28/02/2013

As part of the Aerospace Growth Partnership , the UK aerospace industry and government have committed £3million each over three years to recruit talented people wanting to build careers in aerospace engineering

For those needing financial backing to study at Masters level, a bursary will be available to cover the cost of tuition fees up to a maximum of £9,500.

The scheme will support the upskilling of aerospace employees already qualified to graduate level, and undergraduates studying a related subject.

Those students will be encouraged to make links with aerospace businesses to get involved in projects that address the challenges faced by industry, and secure opportunities for work experience and future employment. 

Business secretary Vince Cable said, 'The funding will further train quality engineering graduates, widening access to the industry to talented people from all backgrounds.'

UK companies sponsoring the scheme include:

The Royal Academy of Engineering  and the Royal Aeronautical Society  will run a competition to win these places.

Chief executive of the Royal Academy of Engineering Philip Greenish CBE, said, 'This programme will make a swift and positive impact on the industry, which needs people with the high level engineering skills provided by UK universities. The men and women who pass through the scheme will go on to work at the cutting edge of aviation.'

Extra support will be available for small and medium-sized enterprises - their employees will be eligible for a 75% subsidy towards fees.

For more information or to apply for MSc funding, visit the Royal Academy of Engineering - Aerospace MSc Bursary Scheme .


Further information

Written by Editor, Graduate Prospects
February 2013

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