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The London Institute of Banking & Finance offered the scholarships to 17 current and former students after they achieved outstanding results in their Level 3 qualifications.

Speaking via zoom for a virtual presentation of their certificates, the LIBF’s financial education relationship manager, Stephanie Payne, said it was a significant achievement.

“It has been such a difficult year so to achieve these scholarships marks a great effort by all of you as well as your tutors,” she said.

“To put it into perspective I have only spoken at several other schools and colleges across the country this year so you should be extremely proud of yourselves.”

Students who have achieved A* and A grades in the 2020/21 academic year were eligible for the scholarships.

Those with the highest grade in either their CeFS or DipFS qualifications received an offer of £750 and anyone who achieved an A will receive £500 if they choose to study at the institute.

Among the Priestley cohort who received their certificates from Principal James Gresty was former Sir Thomas Boteler pupil Faye Bannon who also studies Business.

“I am glad my hard work has been recognised by the LIBF despite the challenges of COVID-19 and I feel honoured that I have been offered this opportunity at such a young age,” she said.

The scholarship winners have now been invited to visit the institute’s City of London campus to gain an insight into studying banking and finance.

The London Institute of Banking & Finance’s programmes are developed to ensure students are highly employable after graduation.  Within six months 100% of its students find work including within organisations such as Barclays, HSBC, Deloitte, Thomas Reuters and Goldman Sachs.

Priestley tutor Tracy Croft said: “Achieving these high grades has required a lot of hard work on behalf of the students, but also their teachers so everyone deserves huge congratulations for their efforts this year.”