Emmauel College Cambridge(India) Trust
(From the desk of the Development Director, Emmanuel College)

Scholarship fund for Indian students to study at Emmanuel College, University of Cambridge.

In 1993 Emmanuel College launched its Development plan, intended to sustain and enhance for future generations the distinctive educational and social ethos of the College and to provide it with the means to secure its future autonomy and wellbeing.

A central element of that Plan is the creation of new scholarship funds, to ensure that no one with the academic and personal qualities such as to benefit from an Emmanuel education need be turned away for lack of personal means.

In India this has resulted in the formation of the Emmanuel College Cambridge(India) Trust [ECCIT] in 1997-98, the main aim of which is to raise funds for such scholarships.

Such a fund would be flexible and simple in operation. Income from the fund would be available to any Indian Student, undergraduate or graduate who had gained admission to the College in the normal way. Depending on individual needs and the sums available, it could support fees, living costs and / or study expenses.

As examples, annual University fees for overseas students currently amout to some £ 6,000 for arts subjects, £ 8,000 for sciences, and £ 15,000 for clinical medical courses. College fees amount to some £ 2,800. Over a year, room charges amount to some £ 1,200 and charges for meals some £ 1,800. Hence, even without living expenses, a year's study in Cambridge costs, some £12,000 for an arts student and £ 14,000 for a scientist. Costs of living amount to several further thousands of pounds per year. Overall, a cost of £ 20,000 per annum - broadly comparable with costs of world class university institutions elsewhere - is not unrealistic.

The trust seeks permanent endowment of its activities. This means that it seeks to create a permanent scholarship fund, the interest from which can be used to make payments in any given year. To safeguard against erosion by inflation, the College asuumes a 4% annual return on its endowments. Hence a capital sum of £ 500,000 would yield £ 20,000 p.a. ; £ 375,000 would yield £ 15,000 p.a. ; £ 250,000 would yield £ 10,000 p.a.; £ 200,000 would yield £ 8,000 p.a.

Support for this project is requested from those with an interest in excellent education for India students. This will do much to assist the education of particular deserving individuals and therby to reinforce the warm links which have long existed between India and Cambridge University is general and Emmanuel College in particular.