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The Uggla Family Scholarship Programme

The Uggla Family Scholars that this programme will support, all from less advantaged backgrounds, will be given the opportunity to excel.
- Lance Uggla
Lance Uggla dark 560
Lance Uggla

The London School of Economics and Political Science is delighted to announce an innovative new scholarship programme which will provide comprehensive support to ten exceptional students from underrepresented backgrounds each year. It has been made possible by the generous and visionary philanthropy of distinguished alumnus Lance Uggla (MSc Accounting & Finance 1986) and his family.

The programme reflects the Uggla family’s and LSE’s shared commitment to gender, diversity, equal opportunities and advancing social mobility. Mr Uggla has pledged £23.4 million to create The Uggla Family Scholarship Programme in perpetuity. The Programme is designed to provide financial support within a holistic programme that will aid students’ personal growth and development. The first cohort will begin their LSE education in September 2021.

The Uggla Family Scholarship Programme will ensure Uggla Family Scholars and Alumni develop a broad base of social and professional skills, with access to coaching, mentors as well as internship and volunteering opportunities.  The Programme will enable them to maximise the impact of their LSE education throughout their professional lives and, in turn, actively contribute to positive change in the world.

Drawing upon expertise across LSE, a dedicated Programme Manager will coordinate this support, working in close partnership with Mr Uggla and his family, Cassidy, Matthew, Riley and Kendall, and key staff across the School.  They will encourage the global community of Uggla Family Scholars and Alumni to make the most of each opportunity and build an enduring personal and professional network, now and in the future. 

Mr Uggla, Chairman of the Board and Chief Executive Officer of IHS Markit, is launching, in parallel, The Uggla Family Scholarship at Simon Fraser University, his Canadian alma mater. In addition, he is supporting the university education of graduates from the Shitima School in Zambia. Once fully rolled out, these scholarship programmes will enable a university education for 100 talented students across the world in any one year.

“I feel fortunate every single day that I have benefited from an excellent university education, and by enabling these Scholarships in perpetuity it is my way of saying thank you to LSE and the Simon Fraser University for giving me such a strong foundation for my career,” said Lance Uggla. “I am a father of four amazing children who are all building their careers from a similarly strong foundation. The Uggla Family Scholars that this programme will support, all from less advantaged backgrounds, will equally be given the opportunity to excel in the years ahead.  I am excited to get started and to help the first students begin their journeys.”

LSE Director, Minouche Shafik said: “We are immensely grateful to Lance and his family for their profound generosity and vision to create The LSE Uggla Family Scholarship Programme. Our shared commitment to equity, diversity and inclusion is amplified and advanced through this innovative approach, which will support exceptional students from underrepresented groups to build confidence, develop skills and foster networks for life. This generous programme will continue our work to shape the world with a global and diverse community of outstanding talent.”

The Uggla Family Scholarship Programme will fund three-year undergraduate programmes at LSE for ten new undergraduates each year. The scholarships will provide partial tuition fee awards for seven UK Undergraduates and for three Overseas Undergraduates, and full financial support for the Scholars’ term-time accommodation and other term-time expenses, which will include food, household bills, travel, study books and social events. In addition, Scholars will have access to a programme of support, mentoring, careers and skills development through the Uggla Family Scholars community throughout their undergraduate journey.

For more information, including how to apply: https://www.lse.ac.uk/study-at-lse/Undergraduate/fees-and-funding/Uggla-Family-Scholarships

Behind the article

Lance Uggla Chairman of the Board and Chief Executive Officer, IHS Markit

Lance Uggla is Chairman and CEO of IHS Markit. He served as president from July 2016 to December 2017 and was appointed chief operating officer in October 2017. Prior to the 2016 merger of IHS and Markit that formed IHS Markit, Lance was the chief executive officer of Markit, responsible for leading the company's strategic development and managing day-to-day operations. He founded Markit in 2003 after spotting an opportunity to bring transparency to the credit default swap market. The company launched the first daily credit default swap pricing service that year. Lance graduated from the Simon Fraser University in Canada with a BBA and holds a Master of Science from the London School of Economics and Political Science, UK.

About IHS Markit (www.ihsmarkit.com)

IHS Markit (NYSE: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 business and government customers, including 80 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.