This scholarship carries a maximum stipend equal to the student’s institution’s tuition fees for a full time domestic student undertaking a full time load for the year in which they receive the scholarship, or that amount pro-rated to reflect the subject load undertaken in the student’s final year of study. In total, the payment of tuition fees will not exceed $10,000 for the year.
Payment is made in arrears and in a lump sum at the end of each study period upon receipt of an official transcript or other official notification of results. Payment is made directly to the student.
Payment of tuition fees will only be made for subjects where the student receives a passing grade.
In addition to the payment of tuition fees, Shearwater Solutions will provide a paid internship for the successful student. The nature of this internship will be negotiated with the student when the scholarship is awarded. Participation in the internship is not a requirement for the awarding of the scholarship, but the successful student is expected to negotiate and consider the offer in good faith. Mentoring will still be offered, regardless.