Duncan Bursary
Elizabeth Duncan established the Duncan Bursary in 1841, for the United College at the University of St Andrews, following the death of her entrepreneur brother, Alexander. Elizabeth Duncan gave £800 to the United College, which was left to accumulate and which the Professors of the United College were to invest. Upon her death in 1867, and according to a Settlement of Trust dated 21 April 1841, the professors were to nominate and present two bursaries to two ‘deserving students’.
The fund remains active, but is part of the merged lapsed bursaries fund.