Winchester College referred to by pupils, former pupils and others as "Win: Coll:", and is more widely known as just "Winchester". Winchester College was founded in 1382 by William of Wykeham, Bishop of Winchester and Chancellor to both Edward III and Richard II, and the first 70 poor scholars entered the school in 1394. In the early 15th century the specific requirements was that that scholars come from families where the income was less than five marks sterling (£3 6s 8d) "per annum"; in comparison, the contemporary reasonable living for a yeoman was £5 "per annum". It was founded in conjunction with
William Wynford granted Wynford a pension of £10 per annum. In 1375–76 he was at work at Abingdon Abbey and working for the crown at Corfe Castle in 1377–78 making new rooms in the keep. In 1378 Wynford was working with Henry Yevele at Southampton. With the death of Edward III the new king Richard II of England favoured Wykeham, with newfound wealth he founded in 1379 New College, Oxford, which was designed by Wynford, who also designed Winchester College founded by Wykeham in 1382. In 1389-90 he was repairing Winchester Castle, from 1392 he designed Wardour Castle, and in the 1390s