Monash University Scholarships 2023: Benefits, Eligibility, & Application Requirements

Melbourne, VictoriaLocation
UniversitySchool type
Estd1958established year
49728enrollment
Public
Partner [25 Courses]
7.6/10

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 Name Scholarship Benefits Scholarship Eligibility Ongoing Eligibility
Monash International Scholarship for Excellence AUD 10,000 per year Minimum 98% (or ATAR 98+) in Class XII; complete VTAC admission application Maintain a minimum WAM of 70
Faculty of Law International Asia Scholarship 25% to 100% tuition fee reduction Belongs to India, Malaysia, China, Singapore, Hong Kong or Indonesia; starting any Bachelor of Law program; LSAT Score above 170; 500 word scholarship statement At least distinction average ( or minimum 70%) in every semester
Engineering International Undergraduate Excellence Scholarship AUD 10,000 per year Minimum 96% (or ATAR 95+) in Class XII; commencing any UG engineering program Minimum WAM of 70
Accounting Honours Scholarship AUD 6,000 Beginning Bachelor of Commerce UG degree; majoring in finance or accounts Non-renewable 
Women in Technology Scholarship AUD 6,000 Female applicant; entering UG degree in Information Technology Non-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 Name Scholarship Benefits Scholarship Eligibility Ongoing Eligibility
Master of Financial Mathematics Scholarship Full tuition fees Completed UG degree with distinction, i.e, WAM of 70 Maintain a distinction average 70% or higher
Monash Graduate Scholarship Stipend and living allowance worth up to AUD 29,000 per year Minimum IELTS score of 7.0 or above; great academic score in UG -
Master of Professional Engineering International Scholarship AUD 10,000 per year IELTS score 6.5 or equivalent; WAM 65%; UG degree in engineering Maintain a minimum WAM of 70
Monash Graduate Research Scholarship Up to AUD 6,000 Admission in Phd program -
Maxwell King PhD Scholarship Upto AUD 35,000 Minimum 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: College-Specific
  • Level of Study: Bachelor
  • Number of Scholarships: 100

Monash Business School Undergraduate Scholarship- India


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

Sir John Monash Scholarships for Excellence


  • International Student Eligible: Yes
  • Amount: $40,000
  • Type: College-Specific
  • Level of Study: Bachelor
  • Number of Scholarships: 10

Monash Accounting Honors Scholarship


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

Monash International Leadership Scholarship


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

Monash International Merit Scholarship


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


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35 Reviews Found

T
6.0 /10

Scholarship:

6.5 because I got the faculty scholarship they gave a lot of what we say documents like publications and SOP and other things like SOPs just like I have to just give a proposal for them because as I already mentioned I have faculty joint PhD. My half PhD will be in Monash Malaysia and half will be in Monash Australia. I got a faculty joint PhD scholarship so basically, they just give an advertisement and I just applied formally.

Actually here I like Monash because environment is too friendly even now we have access to our heads like dean and whereas concerned the facilities Monash give a lot of facilities even now we have you can see the COVID 19 situation they are providing the online resources like Monash library even we have remote access to our labs like because I want to work on my abacus software so they give us remote access even it is a hard time COVID 19 did not affect our research because they are giving us a lot of facilities. If I am in hurry so I have to do all the work experimental work even so they give a priority to me and I have to conduct all the experiments.

academic: 6/10
faculty: 6/10
infrastructure: 6/10
accomodation: 6/10
placement: 6/10
extracurricular: 6/10

N
7.5 /10

I have prepared ILETs first from the ptk coaching institute there my teachers prepared me for the coaching and then I finally pass the IELTS exam and then I got the chance to get admission in this institution.

academic: 7/10
faculty: 7/10
infrastructure: 7/10
accomodation: 8/10
placement: 8/10
extracurricular: 8/10

Scholarship:

Yes, I received a scholarship of 8000/year. This was given to me based on my academic record and can be applied by selecting the correct box whilst submitting your application.

Monash University provides a holistic development where there is an equal mix of academics and extra-curricular. It teaches the student to be self-sufficient which in turn helps in the real world. They have a broad range of courses and share a prestigious reputation of being one of the top 100 universities in the world.

academic: 9/10
faculty: 8/10
infrastructure: 9/10
accomodation: 8/10
placement: 6/10

NJ
7.7 /10

Scholarship:

I got a student grant of around 5000 AUD for my first semester.

Australia was my only choice when I wanted to study abroad. I searched for the best universities in Australia and found Monash was one of the groups eight universities in Australia. The course pattern best suited my interest and I applied there.

academic: 9/10
faculty: 8/10
infrastructure: 10/10
accomodation: 10/10
placement: 9/10

HT
6.0 /10

Scholarship:

Monash Merit Scholarship 20%

The top-ranked university that was willing to accept an accounting undergraduate in its data science course without (a calculus background or GRE/GMAT).

academic: 6/10
faculty: 7/10
infrastructure: 10/10
accomodation: 7/10
placement: 6/10

RR
8.3 /10

Scholarship:

No

Monash University offers a prestigious, relevant and competitive program for Global Studies.

academic: 10/10
faculty: 10/10
infrastructure: 10/10
accomodation: 10/10
placement: 10/10

Scholarship:

Yes, I received a $12000 scholarship based on my grades in my undergraduate degree.

Because of its top-ranking and world-class infrastructure and facilities. Also, the flexible curriculum and good practical labs made this the choice of my selection.

academic: 10/10
faculty: 9/10
infrastructure: 10/10
accomodation: 9/10
placement: 8/10

AT
6.7 /10

Scholarship:

Yes, Faculty of IT Scholarship worth 12000 AUD. It came along with my acceptance into the university, I did not fill out any other forms for it. It was based on merit and was a result of my academic results in bachelors.

1. Group of 8 in Australia and top 100 university in the world 2. The course structure was the best in comparison to others

academic: 8/10
faculty: 8/10
infrastructure: 9/10
accomodation: 9/10
placement: 6/10

Scholarship:

No

Monash is a ranking university so can easily can a job when I go back to Sri Lanka.

academic: 10/10
faculty: 10/10
infrastructure: 10/10
accomodation: 10/10
placement: 7/10

A
7.5 /10

Scholarship:

Yes, it covers 30% of my tuition fees.

For its career opportunities and world class ranking for law.

academic: 9/10
faculty: 9/10
infrastructure: 9/10
accomodation: 9/10
placement: 9/10

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