The government, leading companies in the aerospace sector, the Royal Academy of Engineering (RAEng) and the Royal Aeronautical Society (RAeS) have developed an initiative to boost the supply of aeronautical engineering skills to the UK economy. This was announced by the Prime Minister at the Farnborough International Air Show in July 2012.

The main purpose of the scheme is to bring new talent, knowledge and skill into the UK aerospace sector. It is designed for people who would not otherwise be able to finance their MSc studies. It also provides MSc funding to upskill certain categories of employee already working in the UK aerospace sector.

Funding for tuition fees is available for up to 500 students to undertake MSc programmes at UK universities which are accredited by the Royal Aeronautical Society, or supported by the leading aerospace companies, starting in academic years 2013/14, 2014/15 and 2015/16.

Further details:
http://www.raeng.org.uk