Foresters UK scholarship programme continues to support UK students

With UK ‘A’ Level students having found out their exam results over the last few weeks and the focus being firmly on their future education, 150 students will be fortunate enough to start University without too much financial worry, thanks to the Foresters Scholarship Programme.

Every year, Foresters, the international financial services organisation, awards 150 students with renewable scholarships in recognition of their outstanding educational achievements and their undertaking of volunteer projects in their community.

This socially responsible Programme – which has been running for over 20 years and has helped more than 1,000 students - provides up to £1,000 a year, every year, in grants, to allow students to concentrate on their further education.

Steve Dilworth, MD Member Network UK, from Foresters says: “With University fees continuing to rise” (the average fee is currently £9,000 with some universities set to further increase their charges this autumn*), “the cost of further education is prohibitive to many students. Many good students cannot afford to go to University, while those that do tend to leave with a debt around their neck.

“At Foresters we believe that those who show promise both in terms of their academic achievements, as well as their commitment to their communities, should be supported”.

In total, over £1.5 million has been awarded in financial support to UK students.

Students who have a Foresters plan or children/grandchildren of existing Members, can apply to the Foresters Scholarship Programme. Members interested in applying for a scholarship for the 2014-2015 academic year can do so until the 31st January 2014.

For more information regarding the Foresters Scholarship Programme visit foresters.com or please email scholarship@foresters.co.uk.

Ends

*Telegraph newspaper Jan 13 2013

Contact:

Steve Dilworth, Managing Director, Member Network UK, Foresters, telephone: 0208 628 3435 or email: steve.dilworth@foresters.co.uk

About Foresters:

At Foresters we believe in enriching the lives of our members, their families and the communities they live in. We’re member-based, family-focused, and community spirited.

Our products benefit both your family and your community. We champion the well-being of families through quality financial products, unique member benefits and inspiring community activities.

We share our financial strength with over one million members across the United Kingdom, Canada and the United States. Throughout our 135-year history, our purpose has been to enrich the lives of members, their families and communities. The priorities remain today and will guide our future.

As an example, our work with Cash for Kids in their 2012 Mission Christmas Appeal helped over 250,000 children to have a better Christmas and granted £5.3m in cash, gifts and toys to local children.

Forester Life is responsible for funds under management of over £2.8bn* and is part of Foresters, the international financial services organisation. 

Internationally, Foresters has over £11bn** funds under management and has been assigned an 'A' excellent rating by A.M. Best.*** 

Safeguarding our members' interests is at the heart of what we do. Being financially strong and responsive, with sound governance and continuing professional service have always helped us to protect our members' benefits.
 

*As at 31 May 2013

**As at 31 March 2013

***An ‘A’ excellent rating is assigned to companies that have a strong ability to meet their ongoing obligations to policyholders and have, on balance, excellent balance sheet strength, operating performance and business profile when compared to the standards established by A.M. Best Company. In assigning Foresters rating A.M. Best stated that Foresters outlook rating is ‘stable’, which means it is unlikely to change in the near future, assuming Foresters financial strength is maintained and operations grow. A.M. Best assigns rating from A to F, A being superior and A and A- being excellent ratings. This rating was assigned on 6 July 2012. Our International Head Office is located at 789 Don Mills Road, Toronto, Canada M3C 1T9. 

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