What does the scheme deliver?
The Scheme is open to all students - from the UK or any country worldwide. Postgraduate research students recruited under the new scheme will receive a centrally-funded scholarship of £7,000 per year for three years, provided that they continue to progress well with their degrees. The scholarships can be combined with additional funding which may be available from other sources.
The University seeks the best students whatever their circumstances, and the scheme is designed to be flexible for part-time students. The amount of funding can be reduced pro-rata and the time over which the award is given can be increased pro-rata, so that the total funding of £21,000 is available over the equivalent of three full-time years of study.
Up to 100 such scholarships may be awarded per year, although fewer will be awarded if there is not sufficient quality in the applications.
Source: http://www.southampton.ac.uk/postgraduate/feesandfunding/pgr_scholarships.shtml#.UgZUun883IU