Bondholder The University of Derby is offering a £1k bursary to support school-leavers in Derbyshire transitioning from school to higher education, and mature students returning to higher education.
The bursary aims to address national skills shortages by providing Derbyshire's businesses with "work-ready" graduates.
Professor Kathryn Mitchell, university vice-chancellor, said: "Studying a degree is a big decision and financial commitment, but the benefits of higher education are well known and we have seen so many examples at Derby where it has genuinely transformed peoples lives.
"Through this bursary we want to open up the opportunity to as many people as possible, including school-leavers and mature students, so that they can develop the technical and professional skills required for their careers after graduation."
To be eligible for the bursary, students need to apply for a full-time undergraduate course, with University of Derby by January 15.