Jardine Foundation to cut scholarship scheme for Oxford, Cambridge undergrads

The Jardine Foundation, an educational trust operated by the Hong Kong-based conglomerate Jardine Matheson, has announced the termination of its undergraduate scholarship program for students attending the University of Oxford and the University of Cambridge. The decision follows a strategic review conducted by the organization.

Moving forward, the foundation intends to redirect its financial resources toward academic institutions located within Asia. This shift marks a significant change in the focus of the trust's long-standing scholarship offerings, which have historically supported students pursuing studies at the two prestigious British universities.