The Melbourne Finance Guarantee
Students studying full-time toward a PhD in Finance at the University of Melbourne, Australia are guaranteed a minimum living stipend of A$18,660 (2006) per year. For international students, the Department of Finance also guarantees the payment of their University of Melbourne PhD tuition fees (A$23,520 per year in 2006). Tuition fees for Australian and New Zealand students, or permanent residents, are funded by the Commonwealth of Australia. The guarantee is for the normal three year period of the PhD degree but may be extended for an additional year. Terms and conditions apply.

The guarantee means that if we accept you as PhD student your finances are secure.

You do not have to apply for these scholarships. The Department of Finance submits an application on your behalf.

• The Melbourne Research Scholarship and the Melbourne International Fee Remission Scholarship are highly competitive university wide scholarships awarded on entrance into a PhD. Students accepted for admission into the PhD program in Finance are automatically entered into the competition for these scholarships. Currently, successful candidates for these scholarships must have at least an 84.5 (2005) percent average (University of Melbourne equivalent) in the last two years of coursework undertaken.
• The Faculty of Economics and Commerce Fee Remission Scholarship is also a competitive scholarship awarded to PhD students. PhD students in Accounting and Business Information Systems, Actuarial Science, Economics and Management compete with Finance PhD students for this Scholarship. To be considered, a PhD candidate must have an average of at least 80 percent (University of Melbourne equivalent).
• The Department of Finance offers substantial funding including Australian Finance PhD Scholarship, Melbourne Finance Scholarship and Finance PhD Assistantship. Further information is available on the Department of Finance - PhD Scholarships webpage.

Admission and Scholarship Deadlines
The PhD program in Finance begins in March, as the academic year at The University of Melbourne runs from March through November.In general, we do not permit mid-year entry (July) into the program.

We are now considering applications for the 2008 program, which begins Feb 26, 2007.

We consider applications as they arrive but will not consider applications for March entry after the following dates.

Application Deadlines:
Australian applicants November 15, 2007
International applicants October 31, 2007

Source of this announcement can be found here.