Scholarship payments
Scholarships or grants are paid directly into a nominated bank account, unless otherwise outlined in the benefits section of your scholarship offer.
If your scholarship is based on a set yearly amount, you will be paid in two equal instalments unless indicated otherwise in your scholarship offer letter or terms and conditions.
Payment to your bank account
- If you don't provide your bank details* by the requested date, your scholarship will be terminated.
- Equity scholarships will be paid to some commencing students from late March, with the remainder of payments being finalised by the end of April.
- You will receive a confirmation email once the payment has been made.
- Payments can only be made into Australian everyday bank accounts
* You can update your bank details in the scholarship payments section of the Web Enrolment System (WES):
Payment Process
Due to the large number of payments and bank processing times, the exact payment date can change. We email you when we make the payment from our account.
If our payment hasn't reached your account after five University working-days from receiving our email, please contact us online.
For information on graduate research scholarships, see the scholarships website.
Payment dates
Your payment date will depend on when the census date falls for your units.
Travel scholarships are paid in the payment date (as per below table) after either:
- You enrol in an overseas unit, or
- You submit evidence of your travel arrangements to CSU
| Unit census date | Payment date |
|---|---|
| Between 01 Jan and 15 Feb | Late January |
| Between 16 Feb and 25 Apr | Late April/May |
| Between 26 Apr and 7 May | Late May |
| Between 08 May and 30 Sep | Late September |
| Between 01 Oct and 31 Dec | Late December |
Access Monash Mentors and Peer Mentors
For scholarships where you are required to be an Access Monash Mentor or Peer Mentor (includes Leaders Scholarships), Access Monash Mentors and Peer Mentors are paid after completing hurdle requirements, they are not paid based on the census dates listed above. Students that withdraw from their Access Monash Mentor or Peer Mentor role, will be required to return their scholarship payment.
Summer and winter research scholarships:
- Mid to late December for projects starting in November or December
- End of February for all other summer projects
- End of July for winter projects
Payment calculation
Total scholarship value
When your scholarship is awarded, we calculate your total scholarship value based on the credit points required to complete your degree. This does not include advance standing. Your scholarship ends once you have been paid the total scholarship value. You can check the credit point requirement for your course in the University Handbook.
Example calculating total scholarship value: If you have a scholarship valued at $6000 for 48 credit points per year, and you take a course requiring 144 credit points to complete (three years full-time) the calculation will be (144 ÷ 48) × 6,000 = $18,000.
How payments are calculated
Your scholarship payments will be calculated according to the number of credit points you are enrolled in at the census dates.
Examples
- Your payment will be $2,250 if you are enrolled in 18 credit points (6000 ÷ 48) × 18
- Your payment will be $3,750 if you are enrolled in 30 credit points (6000 ÷ 48) × 30