Scholarships and finance options

Scholarships

Scholarship name

Scholarship value

Places

Eligibility

Process

Monash International Leadership Scholarship 100% course fees paid until the minimum number of points for your degree are completed (excludes OSHC, accommodation and living costs) 4 Commencing a full time undergraduate or postgraduate (coursework) degree at a Monash campus in Australia (you must have received a full Monash course offer).

Based on High academic achievement P.N. Some courses are excluded, please refer to details on Monash International Leadership Scholarship website.
Application process here
Monash International Merit Scholarship $10,000 per 48 credit points (up to A$ 50,000) for the duration of your course. 31 Commencing students with a full Monash course offer or continuing students, and
Undertaking a full time undergraduate or postgraduate (coursework) degree at a Monash campus in Australia. Based on High academic achievement
Application process here
Engineering International High Achievers Scholarship Undergraduate - $15,000 per 48 credit points, paid towards your tuition fees, up to four years.

Postgraduate - $15,000 per 48 credit points, paid towards your tuition fees.
Varies Undergraduate - A commencing student enrolling in a single undergraduate degree offered by the Faculty of Engineering.
Students must have an ATAR or International equivalent of 95+.

Postgraduate - A commencing student enrolling in a postgraduate degree offered by the Faculty of Engineering.
Students must have achieved a minimum WAM of 75 in their undergraduate degree.

No application is required. All students will be automatically assessed.

Engineering International Success Scholarship $10,000 per 48 credit points, paid towards your tuition fees. 12 A commencing international student enrolling in a postgraduate degree offered by the Faculty of Engineering.
Students must have achieved a minimum WAM of 70 in their undergraduate degree.
No application is required. All students will be automatically assessed.
Faculty of IT IBL Scholarship $18,000 paid in two instalments of $9,000.
22 week placement with one of the industry partners of the Faculty of Information Technology.
Varies, depending on funding Current full-time student in selected degrees at a Monash campus in Australia: Application process here
Women in IT $6000 for one year only 50 A female student currently in Year 12 or IB, or completed Year 12 or IB in Australia in the previous year and have not undertaken any other tertiary study, and intending to enrol in a single or double degree offered by the Faculty of Information Technology No application is required. All eligible students who list Monash University as a VTAC course preference will be automatically assessed.
Biomedicine Discovery Scholarship $3000 per 48 credit points of study for the minimum number of credit points required to complete the degree, to a maximum of three years. Variable A current Year 12 or IB student, or completed Year 12 or IB in the year immediately prior to course commencement and has not undertaken any other tertiary study, and are applying for a new course through VTAC.
A commencing student enrolled, or intending to enrol, in Bachelor of Biomedical Science (Scholar Program) at a Monash campus in Australia.
No application is required. All eligible students who list Monash University as a VTAC course preference will be automatically assessed.
Pharmacy International Undergraduate Merit Scholarship Commencing undergraduate student in either the Bachelor of Pharmacy (Honours) or Bachelor of Pharmacy (Honours)/Master of Pharmacy at a Monash Campus in Australia. International student has an overseas qualification at the time of application, or an offshore applicant with an Australian qualification who has not applied for a course through VTAC. 4 50% of tuition fees paid per year until the minimum credit points for your degree are completed (awarded to the two highest achieving students).
25% of tuition fees paid per year until the minimum credit points for your degree are completed (awarded to the second two highest achieving students).
No application is required. All eligible students who apply for an undergraduate course at Monash will be automatically assessed.
Faculty of Law Masters International Scholarship $20,000 for one year only paid toward tuition fees. Variable Enrolling in an on-campus Masters degree offered in the Faculty of Law.
Achieved in the top 5% of your previous studies or demonstrated outstanding achievement in a combination of your studies and your work based learning.
Applicants will be assessed on their entire academic record, with a distinction average (or equivalent) preferred.
Application process here
BECAS Chile Study Abroad Postdoctoral Scholarship 100% tuition and registration costs.

A round-trip ticket, in economy class, from the airport closest to the city of residence of the scholarship recipient to the city of residence in the destination country.

Annual allowance of $300 USD for the purchase of books.

Annual allowance of $800 USD to cover health insurance premiums.

Monthly maintenance allowance for the scholarship recipient during the postdoctoral program, according to the cost of living in the destination country.

Monthly support allowance for a recipient’s spouse according to the cost of living in the destination country.

Monthly support allowance for each child under 18 years of age according to the cost of living in the destination country.

One-time return allowance corresponding to $500 USD.

Varies Be Chilean or have permanent residency in Chile.

Possess a doctoral degree.

Be accepted at a foreign university and/or research centre to start or continue a postdoctoral program in one of the following areas of study: natural sciences, social sciences, engineering and technology, medical and health sciences, or agricultural science.

Demonstrate academic excellence.

Application process here
BECAS Chile Study Abroad Doctoral/Masters Scholarship 100% tuition and registration costs.

A round-trip ticket, in economy class, from the airport closest to the city of residence of the scholarship recipient to the city of residence in the destination country.

Annual allowance of $300 USD for the purchase of books.

Annual allowance of $800 USD to cover health insurance premiums.

Monthly maintenance allowance for the scholarship recipient during the postdoctoral program, according to the cost of living in the destination country.

Monthly support allowance for a recipient’s spouse according to the cost of living in the destination country.

Monthly support allowance for each child under 18 years of age according to the cost of living in the destination country.

One-time return allowance corresponding to $500 USD.

Varies Be Chilean or have permanent residency in Chile.

Be accepted at a foreign university and/or research centre to start or continue a postdoctoral program in one of the following areas of study: natural sciences, social sciences, engineering and technology, medical and health sciences, or agricultural science.

Obtain a final grade average equal to or greater than five (5.0) out of a maximum of seven (7.0) or its equivalent.

Be within the top 30% of your undergraduate degree or graduate class.

Doctoral Scholarship application here

Master’s Scholarship application here

COLFUTURO Colombian Study Abroad Loan-Scholarship Students can request a loan of up to USD $25,000 per year, for maximum for two years; that is, up to a limit of USD $50,000. The scholarship credit covers:
  • Tuition and health insurance
  • Round trip ticket up to a maximum of USD$2,000
  • Installation up to a maximum of USD$2,000
  • Books and computer up to a maximum of USD$2,000
  • Support up to a maximum of USD$1,300. 25% more if the creditor travels with a partner or children.
  • The interest rates for repayments are:

  • 7% during the study period.
  • 9% during the amortization period.
  • 15% in the accelerated amortization period.
  • If the student returns to Colombia within the established time after obtaining the degree that COLFUTURO helped them finance and remains in the country for 3 to 5 years, they will be able to obtain the following percentage of forgiveness on the amount disbursed:

  • 20% for students pursuing MBA studies -40% for the rest of the study areas (10% first year + 5% second year + 5% third year),
  • The additional 20% for working outside Bogotá and its metropolitan area applies to any beneficiary (10% first year + 5% second year + 5% third year).

Varies You must be a Colombian citizen.

You must have a minimum of an undergraduate degree.

You must have a level of English equivalent to:

  • IELTS 6.0
  • TOEFL IBT 80
  • TOEIC: Listening 490, Reading 455, Speaking 200, Writing 200

Meet the academic and English requirements of the institution where the student wishes to study.

Obtain from the institution evidence that the student has applied.

Start the study program between August and May of the following year.

Application process here

For a complete list of scholarships offered by Monash University, including honours and research scholarships, scholarships for current students, faculty scholarships, and scholarships provided by external providers, visit the Monash Scholarship website.

Finance options

Types of financial records which are acceptable for assessing funds for student visa applications are:

  1. Specified Annual Income
  2. Loans from financial institutions
  3. Monetary deposits held with financial institution