YOUNG people on Wearside could be in line for a cash boost to help them on the educational ladder.
Former Black Cats chairman Sir Bob Murray, who recently took over as Chancellor at Leeds Metropolitan University, is to support disadvantaged students studying accounting at the university through the launch of a new scholarship.
Sir Bob will donate £30,000 over six years, awarding five £1,000 scholarships a year to first-year undergraduate students from the North East.
He said: “I feel honoured to be the Chancellor of Leeds Metropolitan University and am a strong advocate of the power of education to transform the lives of people from all sectors of society.
“My own personal experience is very apt. I finally woke up to the value of education at 16, after I had left school with just one O-level, and it took me another 10 years to finally qualify as an accountant and graduate.
“I didn’t get the opportunity to progress straight to university and know it can be difficult for a lot of students and their families.
“I would like to demonstrate my belief in and commitment to the university by extending a helping hand to some students during my chancellorship.
“I have spent most of my business career in Yorkshire and the North of England and am delighted to be able to help some young people take the first steps in their career.”
Professor Susan Price, Vice-Chancellor of Leeds Metropolitan, said: “We are delighted that we could work with Sir Bob to create scholarships which matched the areas about which he is passionate. We are particularly grateful that, as our Chancellor, alumnus and honorary graduate, he is able to give something back to his university by way of making such a significant contribution to students from disadvantaged backgrounds.
“These scholarships will make a huge difference to hard-working and talented students by helping them cover the costs of living and studying at university.”
The scholarships will be available to students on courses in accounting and finance-related subjects, who are from low income families earning less than £25,000 per year.