BNY Scholarship
Key information
- Tuition fee
- Partial tuition fee waiver of £6,500 per year
- Cash payment
- £6,000 per academic year
- Award length
- Up to 4 years
- Study level
- Fee status
- Home (UK)
- Number of awards available
- 3
- Student type
- Prospective
- Applications open
- 1 March 2027
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About the BNY Scholarship
The BNY Scholarship provides financial support to undergraduate students from low-income households studying AI, data science or related fields at The University of Â鶹Æƽâ°æ. Funded by the Bank of New York, the scholarship provides recipients with an annual stipend alongside a partial tuition fee waiver each year, for up to four years of their degree. Five scholarships will be awarded in total, with 3 available in 2027/28 academic year, and a further 2 available in 2028/29 academic year. Combined degrees including Computer Science, Data Science & Economics or Mathematics are also eligible.
Scheme eligibility
Essential criteria are conditions you must meet to be considered for this scheme. Students who do not meet these criteria will not be considered for this award.
To be eligible, you must meet the following:
- Be studying a degree in AI, Data Science or related field, at The University of Â鶹Æƽâ°æ starting in the year that you are applying for this scholarship
- Have a household income of £35,000 per annum or less, as assessed by your regional student funding authority;
- Have been assessed for fee status as a 'home' student;
- Have submitted an application to your regional student funding authority (Student Finance England, Wales, Northern Ireland, or Scotland), had a full household income assessment, and consented to share your Student Finance information with your university.
Priority criteria
Priority criteria is additional information about you that will be used to make our final selection decisions.
Priority will be given to students who:
Personal factors:
- Are a care leaver or care-experienced student;
- Are an estranged/independent student;
- Are a young carer;
- Are a refugee or asylum seeker;
- Have a disability;
- Are from a military family.
Socio-economic factors:
- Were eligible for free school meals during secondary education;
- Live in an area of relative deprivation.
Progression to HE factors:
- Live in a postcode of low progression to higher education;
- Went to a low attaining secondary school;
- Go to a low attaining sixth form/college.
Application and selection process
How to apply
Students must complete the application form to be considered for this award. The application form will be linked here when applications open.
What you need to apply
Within the application, you will be asked to evidence each of the eligibility and priority criteria that you meet.
You will need (depending on which priority criteria you meet):
- If you are care experienced, you will be required to provide a letter from your local authority or social worker confirming your time in care
- If you are estranged from your parents, you will need to provide a letter from a professional to confirm your estrangement, including a teacher, doctor, social worker
- If you are a young carer, you will need to provide evidence of this using a young carer assessment, carer card/passport, a letter from your GP or a healthcare professional, or a letter from another professional including a teacher or social worker
- If you are a refugee or asylum seeker, you will need to provide evidence of your immigration status through a letter from the home office or a share code
- If you have a disability, you will be required to provide a letter showing your personal independence payment or a letter from your school confirming what additional support they provide you
- If you are from a military family, you will need to provide a letter evidencing this
Selection process
We will use the information provided in your application form, your supporting statement and your UCAS application to prioritise the applicants.
We will prioritise students based on the number and nature of the priority criteria that you meet.
If shortlisted, you will be invited to an interview. More information on what the interview will entail, will be emailed to you.
Terms and conditions
Sharing your household income information
When completing your Student Finance England application, you will need to ensure you have selected the option to consent to share your household income information with the Universities you have applied to or hold an offer with. Without this we cannot access that information, and we will not be able to consider your application for this scheme.
Breaks in funding
This award is not provided during study years abroad, placement years, or if a student takes a study interruption.
Your course offer and this scheme
Receipt of this award is subject to you meeting your course offer commitments and registering at the University of Â鶹Æƽâ°æ in the year of entry specified in the application form.
Engaging with donors
This scheme is generously supported by a donor. Successful applicants will be expected to provide regular updates on their progress to the donor and meet with them as part of the terms and conditions of receiving the award.
Understanding your fee status
This scheme uses your fee status as part of its eligibility criteria. Find out more about how The University of Â鶹Æƽâ°æ assesses tuition fee statuses
Application and Selection process
Completing an application does not guarantee you will receive this award
Verifying your eligibility
Applicants must meet eligibility criteria and be in a position to verify their circumstances in order to apply. Applicants who do not meet the criteria will not be considered for an award
Contact
For enquiries about this award, please contact us.