Wykeham Journal 2014 | Page 12

10  The Wykeham Journal 2014 86 76 77 51 50 13/14 11/12 12/13 10/11 09/10 08/09 43 38 07/08 06/07 41 1,679,379 1,410,596 1,311,050 13/14 19,528 18,394 17,026 14,168 The main fundraising objective remains bursaries, and it is most encouraging to see continuing growth in the number and value of bursaries awarded. In the academic year 2013/2014, 86 boys (2013: 76) received means-tested bursaries worth £1,697,000 (2013: £1,410,000), the equivalent of over 50 full fees and 7.4% of gross fee income. Within this, £17,000 was awarded to allow bursary recipients to participate fully in the life of the College by providing for the first time additional support with the cost of extras and trips. In addition, scholarships and other awards totalling £372,000 were given to a further 75 pupils (2013: 82 pupils; £318,000). In total, 161 pupils received fee awards totalling £2,069,000, representing more than 9% of gross fee income. The current year marks the end of scholarships and music exhibitions which carry an automatic financial benefit: once the current top year leave, all awards will be means-tested. It also marks the first time we have surpassed 100 pupils receiving financial support, with 101 currently receiving bursaries totalling £2,103,000, the equivalent of over 60 full fees. Thirty-five of these awards were made to new entrants/recipients. Five pupils are rece