Monash receives major funding boost through 2020 New Colombo Plan
- Monash University has received $4 million through the 2020 New Colombo Plan (NCP) Mobility Grants, funding 1020 students between 2020 and 2023, up from $3.2 million in the 2019 round.
Monash is the single largest institutional recipient of funding nationally, leading the Go8 in the 2020 NCP Mobility Grants announced this week. The University received $4 million towards its global mobility program to fund more than 1000 students for study between 2020 and 2023.
As part of the grant, $2.1 million has been provided to the Monash Global Immersion Guarantee (GIG) program, which will support an additional 650 first-year students to study in India and Indonesia.
President and Vice-Chancellor Professor Margaret Gardner AO said the latest results will significantly enhance the experience of Monash students and strengthen understanding of and links to nations in the Asian region.
“Monash is committed to providing quality international learning opportunities and experiences that will have a lasting impact for our students. We are immensely grateful to receive the largest amount of funding nationally as an individual institution, which reflects the scale of education and international orientation offered at our University.”
Since 2014, Monash has been awarded $14 million under the NCP Mobility Program, with significant funding increases received year-on-year.
The successful applicants for the 2020 NCP Mobility Program were announced by the Minister for Foreign Affairs and Minister for Women, Senator the Hon Marise Payne, and the Minister for Education, the Hon Dan Tehan MP.
The NCP Mobility Program provides funding to Australian universities and consortia to support Australian undergraduate students to participate in semester-based or short-term study, internships, mentorships, practicums and research in 40 host locations across the Indo-Pacific region.
For more information about the NCP Mobility Program, please visit: dfat.gov.au/people-to-people/new-colombo-plan/mobility-program/Pages/mobility-program.aspx