IET launches £1m scholarship fund


The Institution of Engineering and Technology (IET) has announced the launch of a new Diamond Jubilee scholarship initiative for bright young students.

It will be investing an additional £1 million in its current scholarships portfolio, targeting young people applying for IET accredited university courses in computing, electrical, electronic and manufacturing engineering from 2013.

Under the scheme, each student who achieves three A grades at A-level will be given £1,000 for each year of their degree.

The IET is now calling on other organisations in the technology and engineering industries to join the Diamond Jubilee initiative to ensure that more students can benefit from this funding in the future.

"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, awards and prizes manager at the IET.

"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."