Memorandum of Understanding

between Becas Magdalena O. Vda deBrockmann, A.C ('the Brockmann Foundation')

Paseo de los Filósofos 1151, despacho 103, Colinas de la Normal, Guadalajara, 44270

and

Cambridge Commonwealth, European and International Trust ('the Cambridge Trust')

Student Services Centre, Bene't Street, Cambridge, CB2 3PT, United Kingdom

on the renewal of the

Brockmann Cambridge Scholarships

1. Background
   
   The Becas Magdalena O. Vda deBrockmann ('the Brockmann Foundation') was founded in 1992 by Guillermo Brockmann, in honour of his late mother. It enables talented young Mexicans to obtain high-quality postgraduate education abroad.
   
   Cambridge Commonwealth, European and International Trust ('the Cambridge Trust') is a charity established in the 1980s with the sole purpose of providing support to students to enable them to benefit from the transformative educational and research opportunities offered at the University of Cambridge.
   
   Its mission is to enable outstanding students from all parts of the world to study at the University of Cambridge, irrespective of their social and economic background. The Trust achieves this by designing and delivering packages of financial support that meet the diverse needs of students, working with the University, including the Colleges and the Academic Schools, Faculties and Departments, and with a wide variety of international and UK-based partners.
   
   The support offered by the Trust recognises and rewards excellence and prevents financial barriers to entry. During its 40-year history of offering scholarships, it has enabled more than 22,000 students from 120 countries to take up their places at Cambridge.
   
   Since 2009 the Brockmann Foundation has worked with the Cambridge Trust to offer the Brockmann Cambridge Scholarships, which support Masters students from Mexico to study any subject at the University of Cambridge.
   
    
2. The scholarship programme
   
   The Brockmann Foundation and the Cambridge Trust (together 'the parties') agree to renew a programme of scholarships at the University of Cambridge for students from Mexico undertaking a Masters degree.
   
   The scholarship will continue to be called the Brockmann Cambridge Scholarships.
   
   
   i) Eligibility criteria
   
   Recipients should:
   • Be a citizen of Mexico and normally resident in Mexico;
   • Require financial support in order to take up the offer of admission;
   • Have applied to take a Masters degree at the University of Cambridge via the University's online application process and by the published funding deadline;
   • Have been offered a place on a Masters degree in any subject. Premium courses (Master of Business (MBA), Executive Master of Business Administration (EMBA) and Global EMBA, Master of Finance (MFin) and Executive Master of Accounting) will not be supported under this scholarship;
   • Have been offered admission by the University, and fulfil any admission conditions set by the University;
   • Have completed a four-year undergraduate degree in any field, terminating with a diploma, showing good academic progress;
   • Agree to Brockmann Foundation's terms and conditions including the requirement to return and work in Mexico within six months of completing the degree at the University, or within one year if the recipient is authorized in writing by the Brockmann Foundation to stay in the UK for professional practices related to their Masters degree;
   • Agree to accept the Brockmann Foundation's terms of support which require repayment of 30% of the Brockmann Foundation's portion of the scholarship interest free on return to Mexico after completion of studies.

   The scholarship is tenable at any College within the University.
   
    

   ii) Number and duration of scholarships

   Up to 2 scholarships may be awarded annually.

   There will be no obligation in any year of this agreement to award a scholarship if no eligible candidate is selected. Scholarships will not be rolled over into the next academic year.

   Each scholarship will have a duration equal to the tenure of the course.
   
    

   iii) Value of scholarship

   Each scholarship will pay:

   • FEES
     • Fees will be paid at the rates set by the University of Cambridge for the relevant academic year(s).
     • Students under this scholarship will be assessed for tuition fees by the University of Cambridge on International fees basis.
   • MAINTENANCE
     • Maintenance will be at a rate set each year by the Cambridge Trust and will be not less than the minimum rate determined by the University. The Cambridge Trust bases its maintenance rates for all levels of study on the PhD stipend rate set by UK Research and Innovation (UKRI).
     • Maintenance for a course of less than 12 months' duration will be adjusted pro rata.
     • Maintenance is paid during formalised periods of study away from Cambridge.
   • ESSENTIAL ADDITIONAL COSTS
     • Immigration health surcharge.
     • Visa.
       
        

   iv) Costs

   The cost of each scholarship (fees, maintenance, essential additional costs) will be divided between the Brockmann Foundation and the Cambridge Trust in a 50:50 split. The Cambridge Trust will make all payments to the scholarship recipient.

   The Cambridge Trust will invoice the Brockmann Foundation annually, between October and December, for its agreed contribution. Invoices are strictly payable within 30 days of receipt.
   
    

   v) Duration of the scholarship programme

   The scholarship programme will commence with the intake of students for the academic year 2026-27 and will run for three years, i.e. will include the intake of students in the academic years 2026-27 to 2028-29 inclusive.

   If the Brockmann Foundation commits any act or omission, or becomes involved in any public controversy, that the Cambridge Trust or the University of Cambridge might expect to damage the reputation and good-standing of the Cambridge Trust or the University of Cambridge, then the period of notice given by the Cambridge Trust may be shorter and in the event that the parties wish to work together thereafter the name attached to future scholarships may be altered.

   If the scholarship programme is terminated for any reason, the parties agree to continue to fund existing scholarship holders until the completion of their courses at the University.

   Before June 2028 the Cambridge Trust and the Brockmann Foundation will review the programme and decide whether to continue the scholarship programme for a further period.
   
    

   vii) Contact for scholarship administration

   For ease of administration, each Party shall designate an individual to serve as a point of contact for the implementation and the operational aspects of the Scholarship Programme.

   The primary contact responsible for this award at the Cambridge Trust will be:

   Name:                    Tendai Kariwo

   Position:                 Partnerships Manager

   Email:                     development@cambridgetrust.admin.cam.ac.uk

   Telephone:             +44 (0) 1223 760609

   The primary point of contact for this award at the Brockmann Foundation will be:

   Contact Name/ Department:    Constantino Alvarez Fuster

   Position:                                Executive Director

   Email:                                   calvarez@becasmob.org.mx

   Telephone:                           +52-33-3632-2872 / +52-33-3170-3836

   Invoice Mailing address:      Paseo de los Filósofos 1175 desp. 103

                                               Colinas de la Normal

                                               Guadalajara, Jal.  CP 44270

                                               Mexico

3. Admissions
   
   Decisions regarding admission to the University of Cambridge will be the sole responsibility of the University and no award will be made to an applicant who has not already gained admission.
   
    
4. Application and Selection
   
   Candidates must apply to the University of Cambridge before the published application and funding deadlines and be offered admission.
   
   Applicants must apply to the Brockmann Foundation by the published deadline and meet the conditions set out by the Brockmann Foundation. Scholarship applicants must meet the terms and conditions of the Brockmann Foundation Scholarship programme as stipulated by the Brockmann Foundation.
   
   The Brockmann Foundation will provide the Cambridge Trust with a shortlist of candidates who meet the eligibility criteria listed in item 2 of this agreement and their preferred choice. The Cambridge Trust will review the list and respond within 14 days. The Cambridge Trust will select recipients based on its main principles for funding which prioritise candidates that are highly ranked by the admitting Department. The Cambridge Trust reserves the right to have a conversation to understand better from the partner the reasons for their choice, should it diverge from the academic priorities. When the Cambridge Trust has confirmed its agreement with the selection, the Cambridge Trust will inform the selected candidate of the details of their scholarship and issue a formal scholarship offer letter. The offer letter will refer to the Brockmann Foundation's terms and conditions including the requirement to return and work in Mexico and the repayable portion of the Brockmann Foundation's scholarship.
   
   Cambridge Trust awardees will be provided with details of the value of the scholarship. The Cambridge Trust will inform the successful candidates, and, from its side, the Brockmann Foundation will execute an agreement with certain terms and conditions with each of the recipients. A copy of these terms and conditions must have been provided to the Cambridge Trust as a condition of signing this agreement.
   
    
5. Promotion and publicity
   
   Both the Brockmann Foundation and the Cambridge Trust will promote the programme as widely as possible, including on their websites and social media channels, and both parties will be recognised in all promotional material.
   
   When referring to the Cambridge Trust or Brockmann Cambridge Scholarships, the Brockmann Foundation will follow the brand guidelines set out in Appendix 1.
   
    
6. Termination of an individual scholarship
   
   An individual scholarship will be terminated if an individual scholar ceases to be registered as a student at the University.
   
    
7. Data sharing agreement
   
   The Brockmann Foundation and Cambridge Trust have signed a separate data-sharing agreement under the UK General Data Protection Regulation ('GDPR') so that parties can share personal data on scholarship applicants and holders. This is attached at Appendix 2.
   
    
8. The agreement
   
   This agreement is to facilitate the smooth operation of the scholarship programme. It may be revised at any time with the written consent of both parties.