Support the Kennedy Memorial Trust
The Kennedy Memorial Trust sent the first Kennedy Scholars to the USA in 1966. Since then over 450 Kennedy Scholars have benefited from the unique opportunity to experience the dynamic intellectual environment of two of the best universities in the United States. The Trust’s original ethos remains today-to promote public service and support academic excellence, primarily in disciplines influential in John F. Kennedy’s career. Kennedy Scholars have built distinguished careers in a wide variety of fields.
In recent years, the Trustees have worked hard to increase awareness throughout the UK university sector of the opportunities a Kennedy Scholarship can offer, and to encourage applications from students of all backgrounds.
The need for support
In the past, the Trust routinely supported ten Scholars a year; between 2009 and 2011 only six and seven were funded. Two main reasons lie behind the decline: a much reduced return, common to most endowments, on the Trust’s investments and the rising expense of higher education in the U.S. In 2005-6 the average cost of supporting one student for a year was $54,800. For 2012-2013 that figure is now $77,000.
In recent years the Trust has had to turn down an increasing percentage of well-qualified and impressive applicants in order to preserve funding for future generations. Scholarships for UK graduates to study in the US have always been far fewer than those available to US graduates to study in the UK. It is important that Kennedy Scholarships continue to be well represented in the total number of such scholarships offered by UK charitable trusts.
British students are now graduating with a heavy debt burden. It is more important than ever that the Trust is able to offer full scholarships, which will meet the very substantial fees at Harvard and MIT, and give a stipend which is generous enough to enable Scholars to benefit fully from the opportunity of studying in the U.S.
In the short term it is our aim to send at least ten Scholars a year, which we believe has the right critical mass to ensure that the Kennedy Scholarship programme continues to flourish and grow in reputation. In the long term we need to increase our endowment significantly in order to fund this number of awards on a permanent basis.
With your help, the Kennedy Memorial Trust can achieve its goals. Any contribution you are able to offer-substantial or modest-will ensure that the Trust can continue to promote public service and support academic excellence through the awarding of prestigious scholarships which are highly valued by the Kennedy family as an appropriate tribute.