New Colombo Plan (NCP) Semester Program funding has been awarded to Monash University by the Australian Government’s Department of Foreign Affairs and Trade (DFAT) as part of a signature initiative that aims to lift the knowledge of the Indo-Pacific within Australia and to strengthen our people-to-people and institutional relationships.
The NCP Semester Program Grant helps cover living expenses during your semester exchange program for selected locations. The grants are accessible to students enrolling in a specific field of study and are participating in exchange at selected partners to specified Indo-Pacific countries.
Some NCP funded programs may involve additional cultural and language requirements beyond the exchange, and where applicable, will be specified in the program brochure.
You do not need to apply for these grants. Your eligibility will be automatically assessed by Monash Abroad if you are accepted into a single semester exchange program with a selected partner with NCP Semester Program funding.
NCP Semester Program 2026 Round Grant Availability
Country
Field of study*
China
Management and Commerce
Society and Culture
Japan
Society and Culture (further restricted to Japanese language)
Malaysia
Engineering
Pharmacy
Society and Culture
Republic of Korea
Creative Arts
Information Technology
Management and Commerce
Society and Culture
* Field of Study: Limited grants are available for eligible single semester exchange programs departing in 2026 and 2027. Available grants and funding amount vary by field of study, host country in the Indo-Pacific and exchange partners. Field of Study is determined by degree (not the units of study). Please view the list of eligible degrees from here.
be able to receive credit (18 - 24 credit points) for the overseas exchange program;
be aged between 18-28 years at the commencement of the mobility program (Aboriginal and/or Torres Strait Islander students do not need to be aged between 18 and 28);
not be an employee of the branch of DFAT or the contractor that administers the NCP;
not, during the course of your undergraduate degree:
received more than one NCP grant for the same overseas program;
received more than two NCP grants (NCP Mobility or NCP Semester Program) during the course of your undergraduate study; and
participate in another offshore scholarship or overseas program while participating in an NCP funded program.
for the eligible program, not be in receipt of the Monash Abroad grant, or another Monash funding offer where the terms prohibit you from holding the funding concurrently.
be enrolled in a degree aligned with the relevant grant field of study.
A limited number of grants up to $15,000 each are available to Monash University students for study in a specific field of study in Indo-Pacific countries at selected exchange partners. If the number of available grants is less than the number of eligible students, students are selected on evaluation of their personal statement (if this was part of the program selection), on academic merit (the WAM in the student’s current degree at the time of being accepted into the program) and equity indicators..
Only successful recipients are notified by Monash Abroad if they are selected to receive a grant via email after they have been formally nominated or accepted into the exchange program by the host university. You must accept the grant and complete all the required Monash Abroad and DFAT requirements to receive payment. The grant offer cannot be deferred for exchange in another semester.
When all these requirements are met, payment will be scheduled in the next available payment cycle. This is likely to occur approximately 4 weeks before your program start date.
