£75 million investment in removing barriers to postgraduate study

Students from disadvantaged backgrounds will be supported in postgraduate study with up to £125 million of extra funding, Universities and Science Minister David Willetts announced today.
The Department for Business, Innovation and Skills and the Higher Education Funding Council for England (HEFCE) are focusing on increasing access to postgraduate education, which has been identified as a potential barrier to social mobility. An initial £25 million fund will distribute grants of between £500,000 and £3 million to universities and colleges to attract and support disadvantaged students into postgraduate education. 
After studying its success, the Government will then invest an additional £50m in removing financial or cultural barriers to participation in postgraduate education, as announced in the Spending Review. Extra funding will be expected from universities and businesses, bringing this to around £100 million. Read more...