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Australia: Finance Research Scholarship University of Melbourne


Purpose: The Finance Research Scholarship supports full-time doctoral level postgraduate research in finance at The University of Melbourne by providing a living stipend and, if appropriate, the payment of tuition fees. In exceptional circumstances, this scholarship may be awarded to a full-time masters level postgraduate research student at the University of Melbourne where the student intends to apply for the PhD in the following year.

Eligibility: To be eligible for the scholarship, a student must be enrolled full-time in the PhD program in Finance or have accepted an offer of admission to the PhD program in finance. New admissions to the PhD program must enrol before the scholarship is paid.

Value: The value of the living stipend component of this scholarship is A$14,000 per year. The value of the tuition fee component (international students only) is $22,400 per year. Tuition fees will be paid directly to The University of Melbourne.

These values will be reviewed annually by the PhD Admissions and Progress Committee of the Department of Finance and recommendations for change forward to the Head of the Department.

The scholarship does not pay: health care insurance, a travel or relocation allowance, a thesis allowance or visa application fees.

Duration: This is a continuing scholarship for the period of the normal, three-year enrolment in the PhD. Should a student seek an extension of time to complete the PhD, the scholarship may be extended at the discretion of the Head of the Department of Finance and with the advice of the PhD Admissions and Progress Committee of the Department of Finance.

Matching Grants Scheme: The Department of Finance encourages PhD students to seek outside research support such as government research grants, corporate scholarships and scholarships from philanthropic organizations. If you receive an external grant, scholarship or award to support your studies the Department of Finance will match your external scholarship at the rate of 0.50 per dollar up to a maximum of A$14,000.

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