Cambridge aims to dispel finance myths

The University of Cambridge has launched a new initiative that is aimed at challenging people's preconceptions that it is costly to study at the prestigious institution.

Head of Publications and Information in the Cambridge Admissions Office, Sarah Hannaford, stated that there is a lot of financial support available to undergraduates that many people may not know about.

'There is lots of evidence that many potential applicants and their advisers believe incorrectly that Cambridge is an expensive place to study,' she remarked.

An interactive online quiz is the proposed solution to dismiss the presumption that the university is a pricey place for undergraduates.

Prospective students will be asked eight questions with multiple choice answers covering topics such as tuition fees, the likelihood of getting a job after graduation, bursaries and accommodation.

The university is planning to increase the amount of money it provides via bursaries by increasing eligibility thresholds, as well as dropping the £10 fee for the separate Cambridge Application Form.