‘You only have one alma mater in your life’: Klaas Knot on his student days, the power of the university and giving back

Klaas Knot, former president of De Nederlandsche Bank, honorary professor at the University of Groningen, first-generation student and one of the first Dutch Erasmus students, looks back on his student days as a period that shaped his life and career.

A modest start, a world of possibilities

Knot grew up in a modest family: his mother was a teacher, his father a cattle feed trader. ‘My parents didn't have the opportunity to study themselves, but they wanted me to have that opportunity,’ he says. ‘I am still grateful to my parents for that.’ As a first-generation student at the University of Groningen (1985-1991), he experienced the university as a place of freedom, discovery and inclusivity. ‘The world opened up for me. Studying is more than just following a course; it is a time when you develop your own personality, have the freedom to shape your own life, make friends and learn what you can achieve.’

Knot studied economics, graduated with honours and obtained his PhD from the same university in 1995. He was active in student life, including as a member of the GSVV Donitas volleyball club, and was one of the first Dutch students to go abroad through the Erasmus programme, in his case to the University of Pavia. ‘I was curious about everything: administrative work, part-time jobs, study trips, and yes, even the pub. It was a carefree time, without any heavy responsibilities.’

Giving back: why the Ubbo Emmius Fund?

Knot’s decision to support the Ubbo Emmius Fund (UEF) is no coincidence. ‘I owe a great deal to the University of Groningen: my education, my PhD, my professorship, my network. It makes sense and is enjoyable to give something back.’ His motivation is not only personal, but also social. ‘The university is not an ivory tower; it is at the heart of society. The UEF emphasises that connection. That appeals to me greatly. It’s about emancipation, inclusivity, offering opportunities to everyone, regardless of their origin or social background.’

Knot, who is also involved in the economy of the Northern Netherlands through his commitment to the Lely Line, points to the unique role of the University of Groningen in the Northern Netherlands: ‘The university is a driving force for the region. Whether it concerns research into earthquakes, health sciences or regional economic convergence, the University of Groningen shows that it is there for society. That deserves support.’

A call to alumni: ‘Give back, because you have received so much’

Knot’s message to hesitant alumni is clear: ‘The social value of your studies is incredibly high. You will benefit from them your entire life. So how difficult can it be to give back a little? It’s not just a financial contribution; it’s also a way to remain part of the University of Groningen community.’

He emphasises that it is not always about large amounts, but that many small amounts do add up. ‘Everyone can contribute. It’s about the power of the masses. And remember: you only have one alma mater in your life.’

How can you contribute?

The Ubbo Emmius Fund makes it possible to support the University of Groningen in areas that are close to your heart: from research and education to social projects. Whether you want to make a one-off donation or a regular contribution, every contribution helps to strengthen the university and offer opportunities to future generations.

Would you like to know more? 

Visit the website of the Ubbo Emmius Fund or contact Elise Kamphuis, UEF relationship manager, at elise.kamphuis@rug.nl.