The Jardine Foundation, established by Jardine Matheson, will discontinue its undergraduate scholarship program for the University of Oxford and the University of Cambridge after 44 years. This decision follows a strategic review, with the foundation planning to reallocate its resources to focus on and increase investment in educational opportunities within Asia. While undergraduate scholarships are ending, the foundation will continue to support current scholars and postgraduate programs at both universities. AI
RANK_REASON The article discusses a change in a scholarship program, which is a service/product offering, rather than a core AI development or significant industry-wide event.
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