HSBC has been supporting scholarships for young people since 1965

Last year more than 6,000 students around the world benefited from an HSBC-supported scholarship.

The bank has partnerships with independent schools and leading universities. HSBC scholarships help academically strong students, who would not normally be able to access the funding they need, to attend one of these institutions.

HSBC awarded its first scholarship in Hong Kong in 1965 and over the years has expanded its programmes. Today the bank also helps provide scholarships for students at institutions in countries including Canada, Mexico, the UK and the US.

More than a third of the USD205 million HSBC donated to charitable causes in 2015 went to education projects

HSBC scholarships assist children as young as 11 through school, and support young adults through university degree and vocational training courses. 

Scholars are selected by the schools or universities based on their academic ability and family income. In most cases the students and their families pay nothing towards their education, with HSBC and the institutions providing the funds needed. The scholars are often invited to attend an HSBC awards day to celebrate their achievements and share their plans for the future.

HSBC’s scholarship programme is just one of the many ways in which the bank extends opportunities to young people who otherwise might not be able to reach their potential. More than a third of the USD205 million HSBC donated to charitable causes in 2015 went to education projects. 

As part of the HSBC Education Programme, the bank works with charities around the world that help young people to access education, learn life skills and entrepreneurship, and improve their understanding of different cultures.

Read more about the HSBC Education Programme.

Mirae's story

“I was born in South Korea but when I was young my family moved to the UK. I knew very early on that I wanted to be a doctor. I worked hard at school and when I applied to study medicine at Cambridge, I got an offer.

“I thought it was going to be a very easy journey and then a couple of months before I started I received a letter to say I would have to be classified as an overseas student. That meant going to university was going to cost a lot more than I originally thought and unfortunately my parents weren’t in a position to help me.

“I panicked and thought I might not be able to go to university at all. Then about three weeks before the start of term I received a call from HSBC and they invited me to come up for an interview. They said they would be happy to support me. Six years later I came out of Cambridge with a medical degree.

“What I’ve learnt from the experience is to be resilient, work hard and to believe that where there’s a will, there’s a way. There are people out there who are willing to support you.”

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