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MONASH UNIVERSITY, MELBOURNE, VICTORIA - SCHOLARSHIP

Melbourne, VictoriaLOCATION
UniversitySCHOOL TYPE
Estd 1958Established Year
  49728Enrollment

Monash University Scholarships 2020: Benefits, Eligibility, & Application Requirements

Sugandhi Sood Sugandhi Sood
Study Abroad Expert

Monash University Scholarships are regarded as one of the most generous scholarship programs in Australia. Annually, Monash University receives more than 20,000 applications seeking financial assistance under one or the other scholarship program.

Acknowledging the academic merit of its applicant pool, the university invests more around 10% of its operating budget on funding. The chart below depicts the university’s funding in Monash University scholarships, over the last few years.

Monash University Funding in Scholarships, Fellowships & Bursaries

For the academic session 2020-2021, Monash University is offering 245 undergraduate and postgraduate entrance scholarships, of which, international students are eligible for 100+ scholarship programs. All these scholarships are designed to offer international students substantial financial assistance to pursue higher education in Australia.

International students applying for admission to any UG or PG program at Monash are encouraged to explore various Monash University scholarships. In addition to that, students can also apply for Australian government scholarships like AGRTP and Australian Awards.

Monash University Scholarships for Undergraduate Programs

With 50+ Monash undergraduate scholarships for international students, the university offers financial assistance to nearly 1000 incoming students every year. Recipients of these Monash University scholarships are awarded substantial amounts for the payment of their Monash undergraduate program tuition fees.

Majority of bachelor scholarships at Monash University are awarded for the duration of the programs. Therefore, it is significant for applicants and recipients to be familiar with every scholarship’s ongoing eligibility beforehand

Some of the undergraduate scholarships for international students commencing their studies at Monash are tabulated below:

Scholarship NameScholarship BenefitsScholarship EligibilityOngoing Eligibility
Monash International Scholarship for ExcellenceAUD 10,000 per yearMinimum 98% (or ATAR 98+) in Class XII; complete VTAC admission applicationMaintain a minimum WAM of 70
Faculty of Law International Asia Scholarship25% to 100% tuition fee reductionBelongs to India, Malaysia, China, Singapore, Hong Kong or Indonesia; starting any Bachelor of Law program; LSAT Score above 170; 500 word scholarship statementAt least distinction average ( or minimum 70%) in every semester
Engineering International Undergraduate Excellence ScholarshipAUD 10,000 per yearMinimum 96% (or ATAR 95+) in Class XII; commencing any UG engineering programMinimum WAM of 70
Accounting Honours ScholarshipAUD 6,000Beginning Bachelor of Commerce UG degree; majoring in finance or accountsNon-renewable 
Women in Technology ScholarshipAUD 6,000Female applicant; entering UG degree in Information TechnologyNon-renewable 

None of the international Monash scholarships for bachelor programs require any separate application. Eligible students who have completed their VTAC application for admission will be automatically considered for the relevant scholarship program.

Monash University Scholarships for Postgraduate Programs

For its 155 graduate level programs, the university offers 32 masters and doctoral scholarships to international students.

Unlike undergraduate scholarships, the postgraduate Monash University scholarships are not just limited to tuition reductions. These scholarships offer a variety of benefits such as tuition fee, living allowance, stipend etc.

Some of the postgraduate scholarships at Monash University are tabulated below:

Scholarship NameScholarship BenefitsScholarship EligibilityOngoing Eligibility
Master of Financial Mathematics ScholarshipFull tuition feesCompleted UG degree with distinction, i.e, WAM of 70Maintain a distinction average 70% or higher
Monash Graduate ScholarshipStipend and living allowance worth up to AUD 29,000 per yearMinimum IELTS score of 7.0 or above; great academic score in UG-
Master of Professional Engineering International ScholarshipAUD 10,000 per yearIELTS score 6.5 or equivalent; WAM 65%; UG degree in engineeringMaintain a minimum WAM of 70
Monash Graduate Research ScholarshipUp to AUD 6,000Admission in Phd program-
Maxwell King PhD ScholarshipUpto AUD 35,000Minimum IELTS score of 7.0 or above; At least distinction in PG coursework-

While the program-specific postgraduate scholarships do not require any separate application, the same can’t be said for the Maxwell King, Monash Graduate, and Graduate Research Scholarship programs. Applicants fulfilling the eligibility criteria have to complete an online application process that is unique to each scholarship.

Apart from the university postgraduate scholarship, international students can also apply for Australian Government Research and Training Program scholarships and Australia Awards Scholarships. These scholarships are designed for students planning to pursue higher education in Australia.

Monash University Scholarships for Undergraduate and Postgraduate Programs

There are scholarships at Monash University which are offered to coursework students, whether beginning bachelor or master's program. Presently, there are three such scholarships offered by the university:

To be eligible for either of the three scholarships, applicants must have excellent academic scores in their previous degree program and have secure admission to the chosen UG or PG coursework program at Monash University.

Separate application form is required for International Merit scholarship and International Leadership scholarship. The online application form can be accessed on the official website. Overall, Monash University scholarships offer international students an opportunity to pursue their desired bachelor, masters, or doctoral degree.

Scholarships Offered


Monash Engineering International Undergraduate Excellence Scholarship


  • International Student Eligible: Yes
  • Amount: $23,137
  • Type: Merit-Based
  • Level of Study: Bachelor
  • Number of Scholarships: 100

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Monash Engineering International Undergraduate Scholarship


  • International Student Eligible: Yes
  • Amount: $10,000
  • Type: Merit-Based
  • Level of Study: Bachelor
  • Number of Scholarships: 50

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Monash Accounting Honors Scholarship


  • International Student Eligible: Yes
  • Amount: $3,603
  • Type: Merit-Based
  • Level of Study: Bachelor
  • Number of Scholarships: N/A

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Monash Business School Undergraduate Scholarship- India


  • International Student Eligible: Yes
  • Amount: $20,000
  • Type: Merit-Based
  • Level of Study: Bachelor
  • Number of Scholarships: 10

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Monash International Merit Scholarship


  • International Student Eligible: Yes
  • Amount: $6,561
  • Type: Merit-Based
  • Level of Study: Bachelor
  • Number of Scholarships: 31

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Monash International Leadership Scholarship


  • International Student Eligible: Yes
  • Amount: Variable Amount
  • Type: Merit-Based
  • Level of Study: Bachelor
  • Number of Scholarships: 4

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JN Tata Endowment Scholarship


  • International Student Eligible: Yes
  • Amount: Variable Amount
  • Type: Merit-Based
  • Level of Study: Doctorate
  • Number of Scholarships: N/A

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Collegedunia $150 Scholarship Program


  • International Student Eligible: Yes
  • Amount: $150
  • Type: Merit-Based
  • Level of Study: Bachelor
  • Number of Scholarships: 3000

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Destination Australia Scholarship


  • International Student Eligible: Yes
  • Amount: $11,070
  • Type: Merit-Based
  • Level of Study: Bachelor
  • Number of Scholarships: 1000

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BrokerFish International student scholarship


  • International Student Eligible: Yes
  • Amount: $1,000
  • Type: Merit-Based
  • Level of Study: Bachelor
  • Number of Scholarships: 1

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Australia Awards Scholarship


  • International Student Eligible: Yes
  • Amount: Variable Amount
  • Type: Merit-Based
  • Level of Study: Bachelor
  • Number of Scholarships: 1985

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Bhajan Lal Scholarship


  • International Student Eligible: Yes
  • Amount: Variable Amount
  • Type: Merit-Based
  • Level of Study: Doctorate
  • Number of Scholarships: N/A

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Robert S. McNamara Fellowship Program


  • International Student Eligible: Yes
  • Amount: $25,000
  • Type: Merit-Based
  • Level of Study: Doctorate
  • Number of Scholarships: N/A

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Australian Government Research Training Program


  • International Student Eligible: Yes
  • Amount: Variable Amount
  • Type: Merit-Based
  • Level of Study: Doctorate
  • Number of Scholarships: N/A

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Bharat Petroleum Scholarship 2020


  • International Student Eligible: Yes
  • Amount: Variable Amount
  • Type: Merit-Based
  • Level of Study: Master
  • Number of Scholarships: N/A

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Paul Foundation scholarships


  • International Student Eligible: Yes
  • Amount: $20,174
  • Type: Merit-Based
  • Level of Study: Diploma
  • Number of Scholarships: N/A

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FINCAD Women in Finance Scholarship


  • International Student Eligible: Yes
  • Amount: $20,000
  • Type: Merit-Based
  • Level of Study: Master
  • Number of Scholarships: N/A

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QS Leadership Scholarship


  • International Student Eligible: Yes
  • Amount: $10,000
  • Type: Merit-Based
  • Level of Study: Master
  • Number of Scholarships: 1

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Go Clean Scholarship


  • International Student Eligible: Yes
  • Amount: $3,500
  • Type: Merit-Based
  • Level of Study: Bachelor
  • Number of Scholarships: 1

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VueVille Future Technology Scholarship


  • International Student Eligible: Yes
  • Amount: $1,000
  • Type: Merit-Based
  • Level of Study: Bachelor
  • Number of Scholarships: 1

Read More >

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