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Santander Universities signs three-year funding agreement with Loughborough University
Posted on 04/02/2008
R. Reed
Loughborough University and Abbey National plc, Banco Santander’s UK subsidiary, have today signed an agreement that will set up support for students and researchers and enable the University to develop a variety of projects within the ‘Santander Universities’ scheme.
Through its ‘Santander Universities’ Global Division, Banco Santander gives more support to the university community than any other bank in the world. Since 1996, ‘Santander Universities’ has channelled almost half a billion euros into academia through co-operative agreements with 625 universities in Spain, America, Portugal, Russia, the United States and the United Kingdom.
Under the partnership, five Masters scholarships and four sports scholarships will be established for postgraduate students originating from the eleven Iberoamerican countries in Santander’s network (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Portugal, Puerto Rico, Spain, Uruguay and Venezuela). Awards will also be made available to enable staff and students to develop partnerships with these countries.
Funding will be given to support the activities of Loughborough Students’ Union’s International Students Association, and the University’s Postgraduate Orientation programme will be developed to ensure greater inclusion of students from all countries and subject disciplines.
The University’s student sports programme will also be supported, with the hockey programme benefiting from sponsorship in the first year of the partnership agreement.
The Vice Chancellor of Loughborough University, Professor Shirley Pearce, said: ‘”We are delighted to be announcing this partnership with Abbey and are grateful to them for their very generous support. Our students will benefit enormously from the funding that has been pledged and the agreement will help to strengthen further the University’s already extensive international links.”
António Horta-Osório, Abbey’s CEO, said: ‘“We are very happy to welcome Loughborough University into the ‘Santander Universities’ network. Institutions like Loughborough play a critical role in today’s knowledge-based societies, acting as beacons on the path to ever-increasing innovation, and exemplars in the transfer of knowledge between academia and industry.”