EADS and Airbus are to sponsor a joint UK government and industry initiative to fund up to 500 Masters Degrees in Aerospace Engineering over three years.
The £6m bursary fund, opening today, will support up to 500 graduates and employees studying for Masters (MSc) level degrees in aerospace engineering.
The scheme is part of a wider initiative by government and industry, as part of the UK’s Aerospace Growth partnership, to encourage and support young talent building careers in aerospace.
UK aerospace and defence contractors, including EADS and Airbus, have committed £3m in total to the cost of the scheme.
The bursaries will be open to employees with qualifications up to degree level and to current BSc students, and will cover the cost of tuition fees up to a maximum of £9,500.
Additional support, up to 75 per cent of fee costs, will be available for the employees of small and medium size enterprises.
The programme will also encourage participating students to forge relationships with UK aerospace companies, through project work and placements leading to future employment opportunities.
Admission to the scheme will be administered by the Royal Academy of Engineering and the Royal Aeronautical Society.
In a statement Robin Southwell, CEO of EADS UK, said, ‘Engineering is at the heart of the government’s agenda to help rebalance our economy and young talent is the lifeblood of our industry.
‘This scheme is a milestone in our drive to keep the sector globally competitive over the decades to come.’
Click here for more information or to apply for MSc funding.