05 February 2019
PhD students at Cambridge are expected to benefit following a £100m donation to the University from financier David Harding.
Harding was a former physics graduate at the University, who since went on to become a hugely successful hedge fund manager. Broken down, £79m of the donation is to aid scholarships for PhD students, £20m for undergraduate students and £1m to students from disadvantaged backgrounds. Harding studied at St Catherine’s College, graduating in 1982, and previous donations included £3.5m towards the UK campaign to stay in the EU ahead of the Brexit vote in 2016.
Stephen Toope, Cambridge’s vice-chancellor, said of the donation: “This extraordinarily generous gift from David and Claudia Harding will be invaluable in sustaining Cambridge’s place among the world’s leading universities and will help to transform our offer to students.”
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