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Scholarships in Australia

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Scholarship in Australia for Indian Students

Scholarships can make good quality education accessible and affordable.

There are number of scholarships, grants and bursaries are available which can help international students financially to study in this country. The Australian government, corporations, universities, and some private organizations provide financial assistance to international students.

Scholarships in Australia are offered on the basis of merit-based, need-based, student-specific or course-specific grants. The amount of Australian scholarship differs depending on the profile of the student ranging from $2000 up to 100% for the tuition fee. Doctoral degrees in the country are usually fully funded.

We have listed below a few scholarships exclusively for students who wish to study abroad in Australia. This is in no way an exhaustive list; there are many more scholarships.

Government-funded Australian Scholarships for International Students

Australian government scholarships are offered for full-time study in Australia for undergraduateMasters or technical courses.

Below mentioned are the things covered in the scholarships:

Academic Scholarships

  • Portion of tuition fee
  • Student’s return airfare to Australia (Fully Funded Scholarship)

Fully Funded Scholarship

  • Establishment allowance
  • Living allowance 
  • Academic and other compulsory fees
  • Basic health insurance [Overseas Student Health Cover (OSHC)]

Famous Scholarships In Australia are listed below:

  • Australia Awards Scholarships (AAS) for bachelors, masters and doctoral courses
  • Endeavour PG Scholarship Award
  • International PG Research Scholarship Award
  • Indo-Australia S&T Visiting Fellowship Programme
  • Australia-India Strategic Research Fund]
  • Australia International Postgraduate Research Scholarships (IPRS)

Students are advised to apply for Australian Government scholarships a year in advance after receiving and offer from the respective Australian University.

International Organisations providing Scholarship for Australia

  • Rotary Peace fellows
  • Aga Khan foundation International scholarship
  • CSIRO PG scholarship programme
  • OFID Scholarship Award
  • Flowers Across Melbourne Scholarship – for design, technology and agriculture students
  • The Australian Government is in the process of preparing programme guidelines for the new Indigenous Students Support Program (ISSP).

University/Department-specific Australian scholarships for International Students

InstituteScholarship DetailsScholarship Amount
University of SydneySydney International student Award20% off on tuition fees
Vice Chancellor’s International ScholarshipBased on Academic Merit
Sydney Scholars India ScholarshipOffered for August Intake only. Application required. 28 students.
Dalyell ScholarStream rewards high-achieving students with an ATAR of 98+
Monash UniversityStudy Grant10,000 AUD applicable on first year tuition fee only
Merit Scholarship10,000 AUD each year (Only 31)
UG: Leadership ScholarshipStudent’s entire tuition fees is waived off. (Only 4)
University of QueenslandUQ Excellence20% on total tuition fees
Higher Achiever10,000 AUD
Global Leader ScholarshipFor Business, Economics and Law students. 50% off on tuition fees
Macquarie UniversityStudy Grant/International Scholarship10,000 AUD (from second semester)
RMITFuture Leaders Scholarship20% tuition fee reduction for the program duration
Latrobe UniversityUG Scholarship65% to 75%: 15%, 75% to 80%: 20%, 80% Plus: 25%
PG Scholarship60% to 70%: 15%, 70% to 74.9%: 20%, 75% Plus: 25%
Vice Chancellor’s International Scholarship100% (Additional Application Required)
Deakin UniversityVice Chancellors Meritorious Scholarships100% tuition fee waiver, 4 scholarships per annum: UG – 85%, PG – 80%, includes interviews and group discussion
Deakin India Scholarships25% tuition fee waiver (UG: ≥80%, PG: ≥75%)
Deakin India Bursary20% tuition fee waiver (UG: 70-80%, PG: 60%)
Griffith UniversityInternational Student Academic Excellence Scholarship25% – UG: 85% in 12th, PG: 5.5/7 GPA
Vice Chancellor ScholarshipUp to 50% – Form required on website
Melbourne Institute of TechnologyMIT International Excellence Scholarship20% of tuition fees (Merit-based, for new students)
MIT Academic Achievement Scholarship30% of tuition fees (75-70%, IELTS 7.0 no band < 6.5, not for new students)
University of TasmaniaTasmania International Scholarship25%, if % is higher by 10% from the generic requirements

EDUCATION LOAN

To make sure that students get access to the best quality of education, the Government of India has made it very easy for students to apply for education loan from a large number of banking institutions. Almost all nationalized banks now offer loans to students who wish to study abroad. Banks provide funds considering the course, duration, and the student’s requirement.

It is important to note that there are some differences between the requisites to apply for loans to study in Indian institutions and to study overseas.

Each bank has its criteria of offering education loan to students where the tenure of the loan like interest rate to be charged, the period and mode of repayment etc vary from bank to bank.