Mike Styles
1979, Economics - Bursary donor and legacy pledger
When Mike Styles arrived at Sidney in 1970, Cambridge felt a world away from home. One of four children, and having lost his father at 13, Mike came from a family with limited means. As Mike recalls, a small act of generosity changed everything:
“In my first year, a bursary appeared for the sons of widows and widowers from Merseyside, which is where I’m from. It was £200 a year and it made a big difference to my life in Cambridge.”
That support stayed with him, not only in memory but also in spirit. After leaving Cambridge, Mike went on to build a successful career in finance in the City. And while his professional life took him far from home, the impact of that early act of help never left him. When he was later in a position to support others, Mike created a bursary of his own, helping talented students who might otherwise struggle to afford a Cambridge education.
“Somebody did it for me,” he says simply. “So, when I could, I thought, wouldn’t it be great to help someone who’s reasonably bright but doesn’t have much financial firepower?”
Over the years, more than 50 Mike Styles Bursaries have supported numerous Sidney students including Nicola who told us: “I was fortunate enough to be a recipient of the Mike Styles Bursary. When I think about its life‑changing impact, it still makes me emotional.”
“I’m very pleased,” Mike says. “Anyone who’s been to Sidney has benefited in some way. If you have the ability to do something, do it.”
What began as a bursary for students from Merseyside has since widened to include anyone in the UK who needs support – a decision Mike made after learning of a talented student from Bolton who narrowly missed the original criteria.
“I rang the College the next day and said, make it UK‑wide. It’s for anyone who needs help – that’s fine by me.”
Now retired, Mike dedicates much of his time to supporting causes he cares about. He volunteers with Age UK, helping older people navigate increasingly complex utility bills and the frustrations of automated calling systems and digital-only services. He also supports Suited and Booted, a charity that provides suits and coaching to people preparing for job interviews. These practical, hands-on commitments mirror the ethos of his bursary: removing barriers quietly and effectively.
And with a financier’s eye, Mike thinks strategically about his giving in retirement. As he explains,
“Although the primary motive for my bursary is to support today’s undergraduates in the same way that I was helped, as a former finance professional I thought I should point out a couple of tax advantages.”
He goes on to say:
“Some retirees see their tax code fall because the State Pension uses up their tax‑free allowance. Donating through Gift Aid can help restore it.”
He also offers a practical tip for those thinking about their Wills:
“If 10% or more of your estate is left to charity, your inheritors’ tax rate falls to 36% from 40%. Sidney is one of the charities named in my Will.”
Asked to describe the experience of giving in one sentence, Mike calls it,
“Uplifting! My chance to repay Sidney for what it did for me.”
And his hopes for the future?
“Wouldn’t it be great if one of my recipients found a cure for cancer? But really, it’s about more than that. If they have fun, grow and come out of Sidney as well‑rounded individuals, that’s good enough for me.”