
Monash University offers comprehensive financial assistance to support students experiencing financial hardship. This includes emergency support payments, food assistance, and help with essential living costs. The university provides scholarships and grants for disadvantaged students, interest-free loans, and assistance with housing, textbooks, and transportation. Financial counseling services, budgeting workshops, and employment assistance are also available to aid students' financial stability.

Monash students participating in the Access Monash Mentoring program delivered intensive one-on-one mentoring to Year 11 and 12 students from low socio-economic status backgrounds aspiring to attend university. In 2023, Monash student mentors paired with 500 Year 11 and 12 students from partner schools to support them in their transition to higher education.