Institution of Engineering and Technology launches £1m scholarship fund

14.09.2012
The Institution of Engineering and Technology (IET) has today launched a £1 million fund towards scholarships for students applying for IET accredited courses in computing, electrical, electronic and manufacturing engineering in 2013.

IET's Diamond Jubilee Scholarship will give any new student on one of its 5,423 accredited courses £1,000 per year to contribute towards their studies if they receive three A grades at A-level.

However, IET has also said that the success and extension of this initiative will be dependent on funding from industry partners.

"Job prospects in these sectors continue to look strong with companies continually seeking talented graduate engineers and scientists, as well as technicians and apprentices," said Linda Deleay, IET's awards and prizes manager.

"The IET's 2012 Skills and Demand in Industry Survey shows that for the first time since the recession, companies are more confident in expanding their engineering workforce."

She added: "As young people begin to realise the long-term investment they are making, the IET will assist in turning this investment into a worthwhile reality."