7 january 2013

Bursaries at Merton College boosted by £1 million gift

Sir Howard Stringer (Merton, 1961, History), former CEO of the Sony Corporation and currently Chairman of Sony, together with his wife Dr Jennifer Patterson, has donated £1 million to Merton College to be used for bursaries. The College and University of Oxford are extremely grateful.

This gift was inspired by the recent Moritz-Heyman gift of £25 million to the University of Oxford to endow scholarships for Oxford University undergraduates with the lowest household incomes. The very generous Stringer-Patterson gift counts at 100% towards leveraging the next tranche of Moritz-Heyman Funds. The Moritz-Heyman scheme's matched funding challenge to the collegiate University will generate an unprecedented total of £300m to support Oxford undergraduates from lower-income backgrounds within the UK.

Sir Howard Stringer received an honorary doctorate from the University of Oxford in June 2012.