Jardines ending Oxbridge undergrad scholarships to ‘maximise impact’ for more students

Hong Kong-based conglomerate Jardine Matheson has said it ended a 44-year-old undergraduate scholarship programme for Oxford and Cambridge universities to “maximise impact” for more students, while a former recipient has called the scheme a “life-changing” opportunity.Students starting their studies later this year will be the final cohort of “Oxbridge” undergraduates covered by the programme, according to the website of the Jardine Foundation, the company’s education trust.In a reply to the South China Morning Post on Tuesday, Jardine Matheson said it was increasing its “focus and commitment” on the Asian market and that the decision was made to support the region.