Support high reward research
The Churchill Scholarship provides a unique platform for high risk, high reward research that might not be suitable for a PhD. In the words of two recent Scholars:
"With the independence the scholarship provided me, I could pursue ambitious research plans without the fear of my entire PhD project being on the line. As it happened, in my case the chance to take that ambitious risk paid off more than I could have hoped."
"I'm in a unique situation where I can take on a very risky project. If it doesn't work out for me, then I can change my field of study when I pursue my PhD. However, if the work does yield a high reward, I can continue my work at Stanford next year while maintaining a collaboration with my lab back at Cambridge."