Unite Group PLC (The)
09 June 2022
09 June 2022
Unite Students commits to donate 1% of annual profits to social
initiatives every year
-- This commitment means Unite Students will donate c.GBP2million to social initiatives a year
-- Funds will go to Unite Students' successful Leapskills
programme, which has helped thousands of young people to be better
prepared for making the 'leap' to university life
-- The Unite Foundation, which provides free year-round
accommodation for care leavers and estranged students, will receive
additional funding in 2022 - its 10(th) anniversary year
Unite Students, the UK's largest provider of student
accommodation, has committed to donating 1% of annual profits to
social initiatives going forward, amounting to a commitment of
c.GBP2million a year.
These initiatives will be closely aligned to its purpose of
providing a Home for Success for students and its aim of widening
participation in higher education.
There will be two main funding streams in 2022. The first covers
Unite Students' Leapskills programme - an interactive set of
workshops designed to prepare school-leavers for independent living
at university. The second will cover the Unite Foundation, the
charitable trust founded by Unite Students in 2012, which provides
free accommodation for care leavers and estranged students while at
Funding will be directed to Unite Students' Leapskills
programme, which helps young people to fully prepare for making the
'leap' to university life.
The programme, which is endorsed by the Department of Education,
was originally set up in 2018 after research by Unite Students
highlighted a gap in student expectations versus the reality of
university life. It supports 17 and 18-year-olds through workshops
and online training and has successfully helped more than 4,000
school and college-leavers prepare to live more independently.
This summer, Unite Students is partnering with UCAS to reach
even more young people and assist their preparations ahead of the
start of the 2022/2023 academic year.
Leapskills aims to help students get the most out of living with
different people, making new friends, balancing work with fun,
while managing money and juggling academic study. Schools
interested in accessing Leapskills for their pupils preparing to go
to university can sign up here .
This year, Unite Students will to be supporting 100 students to
mark the Unite Foundation's 10(th) anniversary.
The independent charity, which currently partners with 25
universities across England and Scotland to provide free university
accommodation for care leavers and young people estranged from
their families, has helped 514 students to date. Since its
inception, Unite Students has committed GBP18million to the Unite
Richard Smith, Chief Executive at Unite Students, said:
"We are hugely proud to pledge 1% of our annual profits to
social initiatives going forward. This is a significant commitment
- for us as a business, and the sector more broadly. We have a long
track record of funding social initiatives, but this new commitment
ensures a sustained positive social impact.
"Widening participation in higher education has always been
important to Unite Students - reflected in the two pre-existing
initiatives we are funding here. Our Leapskills programme plugs
that expectation-versus-reality gap for students, providing
essential tools to prepare them for university life, while the
Unite Foundation is doing vital work to level the playing
For further information, please contact Unite Students press
Tel: +44 117 450 6300
Notes to Editors
About Unite Students
Unite Students is the UK's largest owner, manager and developer
of purpose-built student accommodation (PBSA) serving the country's
world-leading higher education sector. We provide homes to 74,000
students across 172 properties in 25 leading university towns and
cities. We currently partner with over 60 universities across the
Our people are driven by a common purpose: to provide a 'Home
for Success' for the students who live with us. Unite Students'
accommodation is safe and secure, high quality, and affordable.
Students live predominantly in en-suite study bedrooms with rents
covering all bills, insurance, 24-hour security and high-speed
wi-fi. We also achieved a five-star British Safety Council rating
in our last audit in 2020.
We are committed to raising standards in the student
accommodation sector for our customers, investors and employees.
This is why our new Sustainability Strategy, launched in 2021,
which includes our social impact strategy with a significant focus
on providing opportunities for all. Our Leapskills programme is
endorsed by the Department of Education.
Founded in 1991 in Bristol, the Unite Group is an award-winning
Real Estate Investment Trust (REIT), listed on the London Stock
Exchange. For more information, visit Unite Group's corporate
website www.unite-group.co.uk or the Unite Students' site
About Unite Foundation
The Unite Foundation is an independent registered charity
offering unique accommodation scholarships for care leavers and
estranged young people at universities across the UK.
The Unite Foundation scholarship takes care of students'
accommodation and bills, covering up to three full years of study
for 365 days a year. Our aim is that with a stable home taken care
of, Unite Foundation students feel able to access and experience
everything that university has to offer.
The charity currently works with 25 universities across England
and Scotland, and the team works closely with Unite Students: the
charity's accommodation partner and principal corporate donor.
Founded in 2012, the Unite Foundation is currently celebrating
its 10th Anniversary. To date, the Unite Foundation has awarded 514
scholarships, with 254 graduates now pursuing their dreams.
For more information about the Unite Foundation and the
scholarship visit https://thisisusatuni.org/unite-foundation To
find out what our students have to say go to
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(END) Dow Jones Newswires
June 09, 2022 02:30 ET (06:30 GMT)
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