THREE HIGH-ACHIEVING pupils from London have been awarded scholarships through a special programme launched by the Bank of England this year.
A-level students Michael Macaulay, Gerald Aryeequaye and Mikayla Sinclair will each receive £30,000 to cover living costs and other expenses while at university.
They will also receive two paid summer internships at the organisation, as well as other skills training and support throughout their time at university.
The trio were celebrated at an awards ceremony last week at the Bank of England, hosted by chief economist Andy Haldane.
He said: “The scholarship is a fantastic example of our commitment to attracting diverse talent into public policy. We were bowled over by the number and quality of applications we received this year. It was an incredibly tough choice to pick just three, but congratulations to each of them and to everyone who applied.”
The Bank of England scholarship programme for black or mixed African/Caribbean students was designed in partnership with The Windsor Fellowship and The Brokerage CityLink.
It was launched in February with the closing date for applications in March.
Students must have 260 UCAS points and live in a home with a household income of less than £50,000.
The scheme received more than 3,700 applications, and 12 candidates were shortlisted.
Two of those shortlisted each received £1,000 bursaries, but all candidates were offered summer work placements.