Budget 2017 £250 million allocated to PhD places and fellowships


Budget 2017 £250 million allocated to PhD places and fellowships

£300 million investment for new academic research placements has been announced in the Chancellors Budget. Of this figure £90 million will provide 1,000 new PhD places, including in science, technology, engineering and maths. £210 million will create new fellowships, including programmes to attract top global talent to conduct research in areas such as bioscience and biotechnology, quantum technologies, and satellite and space technology.

Dan Pearson, Chair of the UKCGE Working Group for PG Funding said:

UKCGE welcomes the Chancellor’s announcement that the Government will allocate £90 million to fund an additional 1000 PhD places aligned with the UK’s industrial strategy. Focussed on the STEM agenda, these scholarships will enable more of the brightest and best researchers in these fields to access our universities. In addition, details regarding the shape and structure of PGR loans have been provided as a result of the recent consultation, noting that changes such as the extension of the loan length from six to eight years should make PGR study more accessible to our part-time students.”

For more information on the Spring Budget 2017, please click here