Match-funding for undergraduate and graduate internships

Do you need to fill a vacant role in your organisation, or could you benefit from the assistance of an extra pair of hands? Would a graduate intern from the University of Birmingham, the 2013 Sunday Times University of the Year, help you?

Funding available for employers hosting graduate internships

Santander has partnered with the University of Birmingham to provide match-funding of £1,500 for three month, full time graduate internships.

The amount must be matched by you as the host organisation. During the period of the internship, the specific work undertaken by the intern could be whatever best suits your business requirements - for example, fundraising and marketing, a social media presence or researching competitors products. It may be that you have a specific project, or you may wish to offer a more rounded, holistic role in which the successful candidate would undertake a broad range of duties which contribute more widely to you organisation, whilst providing them with valuable experience of working in your organisation.

The key qualifying criteria are:

  • The successful candidate must have graduated from the University of Birmingham within the last two years
  • Your organisation must satisfy Santander's definition of being an SME (fewer than 250 employees and a turnover of under £50 million p/a)
  • The successful candidate must be eligible to work in the UK for the duration of the internship
  • You must agree to match the £1,500 paid by Santander
  • The successful candidate must begin working with you before the end of June 2015

The funding is paid directly to the successful candidate over a 12 week period (at £125 per week) through the University of Birmingham's payroll office (it is not given directly to the host organisation). The candidate would also go on your payroll for a period of three months to receive your payment (and you would cover Employee National Insurance contributions).

Funding also available for undergraduate internships

If you have an opportunity that you would like to offer as an internship for an undergraduate student, you may also be able to utilise the funding which Santander has made available. A small number of Santander's grants are available to help fund summer placements for students in their penultimate year of study. 

If you are planning to take on a student this summer, you may be eligible for assistance if the following criteria are satisfied:

  • The student must be an undergraduate in their penultimate year of study (typically in the second year of a three year undergraduate course) from the University of Birmingham
  • Your organisation must satisfy Santander's definition of being an SME (fewer than 250 employees and a turnover of under £50 million p/a)
  • The successful candidate must be eligible to work in the UK for the duration of the internship
  • The opportunity must be full-time for three months (12 weeks)
  • You must agree to match the £1,500 paid by Santander
  • The successful student must begin working with you before the end of the June 2015

The funding is paid directly to the successful candidate over a 12 week period (at £125 per week) through the University of Birmingham's payroll office (it is not given directly to the host organisation). The candidate would also go on your payroll for a period of three months to receive your payment (and you would cover Employee National Insurance contributions).

To find out more about partnering with the University of Birmingham to make use of the Santander match-funding, please contact Jim Reali j.c.reali@bham.ac.uk