Santander Universities Global Division is to provide funding for scholarships and awards after signing a co-operation agreement with Lancaster University for a total of £168,000 over the next 3 years.
The agreement was signed by Vice-Chancellor Professor Paul Wellings and Santander Universities UK Director Luis Juste at a ceremony attended by members of the University and the bank.
The three year agreement includes scholarships and awards for students and staff to study within the UK and abroad, as well as the recruitment of students from Lancaster’s partner, the Federal University of Lavras in Brazil, onto Masters programmes offered by the Lancaster Environment Centre. The money will also fund joint Masters programmes between Lancaster University Management School and the Higher School of Economics in Moscow.
Professor Wellings said: “This partnership can only enhance the international appeal of Lancaster University. Our students and staff will be able to benefit from Santander Universities’ extensive global network across America, Asia and Europe, increasing mobility and adding to the student experience.”
Other awards will be made for study abroad scholarships for students and staff involved in the Lancaster/Lavras dual PhD programme. The focus will be on 969 universities in 11 countries within the Santander Universities network.
The funding also includes support for LUMS, including enterprise initiatives in Brazil, and grants for staff for joint research funding bids, initially between the Lancaster Environment Centre and the Federal University of Lavras.
Luis Juste, Director Santander Universities UK said: “We are delighted to have Lancaster University as a member of the Santander Universities network. The university already has strong relationships with other member of the network in Latin America. This is a clear sign of the importance Lancaster gives to internationalisation and the transfer of knowledge - two of the pillars on which the Santander Universities network is built on.”