Frequently asked questions
If you can't find an answer to your question, please contact us.
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You can find details about all scholarships offered across the University of Melbourne on our Scholarships site.
Faculty-based scholarships are advertised on the Faculty of Business and Economics (FBE) Scholarships page.
You may also wish to explore alternative sources of funding. For example, the following links provide information about scholarships available to international students in Australia:
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Many University of Melbourne and Faculty-based scholarships don't require an application – for these scholarships all eligible applicants who hold an offer for a particular course are automatically considered. Other scholarships are application-based, and you will only be considered if you submit a scholarship application (separately to your course application).
Application-based scholarships generally require an online application, but the application process varies. Visit the individual webpage for each scholarship to check if an application is required, and if so, what the application process is.
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For many scholarships offered by the Faculty of Business and Economics - particularly those offered for graduate coursework studies - selection is based on academic merit. The minimum score required for an academic merit scholarship can vary from one intake to the next, depending on the number of scholarships available and the prior academic performance of the commencing cohort as a whole.
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Successful recipients of Faculty of Business and Economics-based merit scholarships are informed via email during the following timeframes:
Semester 1, Start year intake – Between July and January
Semester 2, Mid-year intake – Between February and JuneFor all other scholarships, please check the individual scholarship webpage for important dates.
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There are a range of scholarship options available for students to support their stay in University of Melbourne accommodation. Explore all University of Melbourne accommodation scholarships and bursaries.
International House and Wilam Hall (the two University-owned residential colleges) as well as other affiliated residential colleges also offer various scholarships and financial support.
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An offer to study at the University of Melbourne may be made subject to certain conditions. For example, you may be required to complete your studies at your current institution (and provide your final results), or to successfully complete an English language test. This type of course offer is called a 'conditional offer'.
You can accept a scholarship offer while you still have a conditional course offer. However, your scholarship will only be awarded if you meet all conditions detailed in your course offer letter, then formally accept your course offer and enrol in your course. -
The Faculty of Business and Economics' scholarship terms and conditions generally prohibit students from receiving a scholarship if they already hold another University or external scholarship or sponsorship. This is to ensure that financial assistance is provided in a fair and equitable manner toas many students as possible.
Exceptions to this rule are noted in the Faculty's Scholarship Terms and Conditions, point 1.2. -
The value of scholarships is determined by the University and/or the Faculty and has been set at a specific rate in order to provide financial support to as many University of Melbourne students as possible. The value of your scholarship is not negotiable. -
If you do not accept your scholarship offer by the offer lapse date stipulated in your offer letter, your scholarship will be revoked and awarded to another student.
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Unfortunately, Faculty of Business and Economics (FBE)scholarships cannot be deferred to the following calendar year. Subject to availability, FBE scholarships can sometimes be deferred until the following intake, if this falls within the same calendar year (Semester 1/Start year intake until Semester 2/Mid-year intake), and if your course offer has been successfully deferred for the same period. Should you have a query about a possible FBE scholarship deferral, please contact us.
If you have been offered a University of Melbourne scholarship, refer to your offer letter and scholarship conditions to find out whether your scholarship can be deferred. -
A fee remission scholarship means that a portion of your tuition fees are paid by the Faculty of Business and Economics. For example, if you receive a 25 percent fee remission scholarship for the duration of your course, you will only need to pay 75 percent of your course tuition fees throughout your degree.
By contrast, a stipend payment scholarship is a monetary payment, called a 'stipend' or an 'allowance', which is deposited directly into your nominated bank account.
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If you have received a fee remission scholarship, the Faculty of Business and Economics will specify the amount of fee remission in your offer letter. Once your scholarship has been activated, the portion of your fees covered by the fee remission will be reflected in your Statement of Liability (tuition fees statement), where the fee remission portion will already have been deducted from the balance owing. You can download an updated Statement of Liability in your Student Portal.
If you are receiving a stipend/living allowance scholarship, payments will generally be made in April and September each year (or as indicated in your scholarship offer letter). -
We sometimes offer scholarships after the semester has started (where a recipient has withdrawn and there are commencing students remaining in the applicant pool, for example). If you have already paid your tuition fees for the semester, you can lodge a fee refund request.
Alternatively, the amount owing to you can be credited towards your next fee instalment.
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Your fee remission scholarship will be reflected in your Statement of Liability (tuition fees statement) provided you are successfully enrolled in subjects for the current year.
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Overloading in a semester does not change the value of your scholarship entitlement. You will continue to receive the entitlement stipulated in your scholarship offer letter.
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If your scholarship was awarded on the basis that you maintain full-time studies, it will be terminated if your course load falls below 37.5 credit points in any one semester. More details can be found in the Faculty's Scholarship Terms and Conditions, point 1.5.
An exception may be made to the full-time study condition if you have written approval from the Faculty (or another area in the University) to reduce your study load. Approval will usually only be granted if you have documented extenuating circumstances. Should you have a query about extenuating circumstances and a reduced study load, please contact us. -
If you are accepted into the University of Melbourne Global Mobility Program as an exchange student:
You will continue to receive your scholarship entitlements, as long as you meet equivalent enrolment requirements during your exchange.
If you have been accepted into the Global Mobility Program, it is your responsibility to notify the Scholarships team in writing. This allows us to do the necessary checks and approve your entitlement for your time overseas. If you do not notify us before your exchange begins, you may incur fees which will not be reimbursed.
If you undertake independent study overseas:
Your entitlements will be suspended until you return to your studies at the University of Melbourne. Please contact us to apply for a Leave of Absence from your scholarship. -
If you transfer to another course within the University of Melbourne your scholarship will be immediately terminated.
If you wish to apply for another course within the Faculty of Business and Economics (i.e, an internal transfer) your eligibility to retain your scholarship will be considered only if your application for the internal transfer is successful. -
Most Faculty of Business and Economics (FBE) scholarships are awarded with a condition that you achieve a specified weighted average mark each semester, for the duration of your studies.
FBE regularly monitors your academic progress to ensure that you continue to be eligible for your scholarship. If you do not meet the academic progress requirements, the Faculty may take a range of actions, including:
- Continuing your scholarship entitlement, subject to a warning about satisfactory academic progress,
- Suspending your scholarship entitlement for one semester or until you can show satisfactory academic progress,
- In extreme cases, the Faculty may decide to terminate your scholarship.Before the Faculty makes a decision about the future of your scholarship, you will be contacted via email and invited to attend a meeting with the Faculty's Student Wellbeing team. At this meeting you will have the opportunity to discuss your situation (including any extenuating circumstances) and you will be connected with support services.
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Your scholarship may be terminated on several grounds, including:
- You are not making satisfactory academic progress,
- You have not complied with the conditions of your scholarship,
- You have failed to improve your results following a suspension of your scholarship entitlements, or
- You have not complied with the obligations placed upon students under the University's Statutes and Regulations and Policies, as published in the University's Policy Library.The Faculty takes into account your personal circumstances in assessing your continued eligibility for a scholarship. If you have not met the academic progress requirements for your scholarship, refer to the above FAQ - 'What happens if I am unable to meet the academic progress requirements of my scholarship?'
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If you receive Australian permanent residency (or New Zealand citizenship) before you accept a Faculty of Business and Economics (FBE) scholarship offer and commence your studies, the scholarship offer will be withdrawn.
If you are granted Australian permanent residency (or New Zealand citizenship) after commencing your course, you will be automatically transferred to a domestic full-fee paying place, and your scholarship will be stopped. -
Please refer to the full list of the Faculty of Business and Economics (FBE) Scholarship Terms and Conditions. Note that it is the responsibility of every scholarship recipient to understand the Scholarship Terms and Conditions prior to accepting a scholarship offer. Recipients must also take care that they continue to meet their scholarship obligations throughout their studies.
Need help?
If you can't find an answer to your question, please contact the FBE Scholarships team.