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Written by Jon Hering, Scholarships Lead

Education is essential for personal and professional development, particularly in our ever-evolving world. That’s always been our belief at Blackbullion. And it should be affordable and accessible to everyone.

We know all too well the critical role financial support plays in enabling students to conquer their academic dreams. That’s why we established Blackbullion Scholarships – an initiative designed to empower students, promote social mobility, and build a brighter future for all!

At Blackbullion, we are acutely aware of the severe financial challenges students face, especially those from lower socioeconomic backgrounds. With a 142% increase in dropout rates due to financial distress, urgent action is needed. That’s why we built the UK’s largest hub of scholarships, grants, and funding on the Blackbullion platform and are partnering with forward-thinking businesses and organisations to add more life-changing opportunities for students.

Vivi Friedgut Founder & CEO, Blackbullion

What are Blackbullion scholarships?

Blackbullion Scholarships are financial awards provided to students to help cover the costs of their education. These scholarships aim to reduce the financial barriers that many students face, so they can focus on their studies and achieve their full potential. 

In just 12 months, we have added more than £1 million of new scholarships to the Funding Hub on our platform. There – on the UK’s largest hub of support funds, scholarships and grants for students – it couldn’t be easier for the 275,000+ students within our community to find and apply for those they are eligible for.

The scholarships are offered by our partners including Nationwide Building Society, Amazon, STACK Infrastructure and Wise, along with other market-leading organisations, ensuring a broad reach and significant impact across industries.

Many of the scholarships also come with employment opportunities for the student. Providing a step into a successful career and empowering our partners to recruit a dynamic and diverse pool of future talent for their business.

Investing in people, whether monetarily or with time, always goes a long way… they have created this chain of goodness, then that allows someone like me to go and create goodness for someone else.

Tsveta a student at the University of York when awarded the Wise Start Scholarship

Why are we doing what we’re doing?

1. Putting more money in students’ pockets

Our research found that students are short £621 a month on what they need to feel confident they can complete their degree. Putting more money in students’ pockets is essential and critically urgent. This is where scholarships can help. £621 is only the average – students from lower socioeconomic backgrounds are disproportionately impacted by financial challenges. 

2. Promoting social mobility

Our scholarships are designed to support students from diverse backgrounds, particularly those who may not have the financial means to access higher education. These opportunities help level the playing field and promote social mobility, giving all students a fair chance at success, regardless of their economic circumstances or background.

3. Bridging the skills gap

The modern workforce is rapidly evolving, with a growing demand for skills in areas such as AI, data science, and other tech-related fields. Our scholarships specifically target these high-demand areas, helping to bridge the skills gap and prepare students for the jobs of the future. Investing in education is also an investment in the future workforce, ensuring that businesses can recruit talented and skilled professionals.

4. Boosting economic impact

Education has a profound impact on the economy. Studies show that for every £1 spent on scholarships, the UK economy receives a £4.50 boost. This substantial return on investment highlights the importance of supporting students through their educational journeys. By helping students succeed, we are contributing to the overall economic growth and development of the UK. 

5. Creating a more inclusive society

Diversity and inclusion are at the heart of everything we do. Our scholarship programmes aim to support underrepresented groups, ensuring that everyone has the opportunity to excel. By fostering a more inclusive educational environment, we are helping to create a society that values and benefits from diverse perspectives and experiences.

6. Encouraging lifelong learning

Education doesn’t stop at graduation. We believe in the power of lifelong learning and are committed to supporting students throughout their educational journeys and beyond. Our scholarships not only provide immediate financial support, but also encourage a culture of continuous learning and personal growth.

Receiving the Accu Scholarship was a significant milestone in my academic journey. Not only did it help me financially, but it also boosted my confidence and opened doors to incredible opportunities.

Harneet ACCU Scholarship Awardee
1st Year Student, Engineering, University of Warwick

As a scholarship recipient myself, I completely understand the transformative power of being able to attend university. It’s because of this experience that I was honoured to accept the role of leading Blackbullion’s scholarships division. Now, our sole mission is to make scholarships the de facto solution for businesses, as they look to create diverse talent pools and have a genuine social impact on the UK.

Jon Hering Scholarships Lead
Blackbullion

How can you get involved?

The success of our scholarship programmes depends on the collective effort of individuals, businesses, and educational institutions. Here’s how you can get involved:

  • Students: Search for and apply for scholarships on our Funding Hub and take advantage of the resources available through the Blackbullion platform.
  • Businesses: Partner with us to provide scholarships and support educational initiatives. By investing in students, you are investing in the future of your industry and society as a whole. And sign up to our newsletter for businesses to stay in touch.
  • Universities, colleges and education providers: Sign up to our newsletters for HE staff to be told when new scholarships launch and spread the word to your students.

We are determined to empower students and promote social mobility through our scholarship programmes. By reducing financial barriers and providing targeted support, we are helping to build a more inclusive, skilled, and economically vibrant society. 

This is just the start.

Join us in our mission to create a brighter future for all—because when students succeed, we all succeed.

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