PETER Hancock, an Aberystwyth University alumni, has thanked the institution that offered him a scholarship 50 years ago by endowing his alma mater with £506,000.
Along with his fellow alumna Pat Pollard, Peter wanted a way to thank the university for offering him a scholarship when he started as an undergraduate, setting him on a successful life as a businessman and an academic.
The Peter Hancock Need & Merit Scholarship Fund will be launched in November 2015 to award scholarships for ‘deserving, meritorious, in-need Year 2 Honours students or equivalent in any discipline and of any nationality and who show potential to benefit society through the successful completion of their Honours Degrees or equivalent.’
Peter graduated in 1962 with a degree in Geology and has spent his career in Australia and New Zealand. After years of work discovering new mineral resources across two continents, and investigating gas and hydro-electric projects, he moved into client representation in New Zealand courts, dealing with issues surrounding resource development.
Alongside this he has also authored books on the perceptions of the realities of resource development, leading to work in conflict resolution at a corporate level over environmental and Aboriginal racial issues. He has even held lecturing positions on the other side of the world, at the University of South Australia and the University of Waikato.
Aberystwyth University’s Vice Chancellor, April McMahon, thanked Peter for his enormous generosity:
“Philanthropic support for scholarships is hugely important, and the impact of Mr Hancock’s generosity will be felt across the University for many years to come. He believes strongly that the professionally and financially rewarding career he has enjoyed as an engineering and exploration geologist was enabled by a scholarship provided through the University, without which he would not have been able to complete an honours degree – hence the focus of the Fund on supporting second year students to successfully complete their degrees. This gift fits perfectly with the University’s priorities of student success, excellence, and working to support and retain students from many different backgrounds.”