Westpac Scholarship Introduction
Westpac, one of Australia’s largest banks, is empowering a new generation of leaders through a suite of prestigious scholarship programs aimed at propelling innovation, sustainability, inclusion, and global connectivity in the country. The Westpac Scholars Trust, established in 2013, awards 100 scholarships annually valued at over $4 million to high-achieving students, researchers and budding social entrepreneurs.
A Vision To Cultivate Change Makers
Westpac Scholars Trust was born from a vision to nurture talented individuals making an impact in four key priority areas – technology, sustainability, empowerment, and community. The scholarship programs offer both financial support, up to $400,000, as well as access to leadership training, global experiences, extensive networking and mentoring opportunities across academic, corporate, government and social sectors.
“Our vision is to support a new generation of change makers by giving them the financial capacity and platform to drive positive impact,” said Jan Owen AM, CEO of the Westpac Scholars Trust, in an interview.
Since inception, the Westpac Scholars community has grown to over 1000 scholars across more than 75 universities who are pioneering solutions to complex issues facing Australia and the world.
How To Apply Westpac Scholarship
Step 1: Determine Eligibility
First, review the eligibility criteria for the specific Westpac Scholarship you wish to apply for. Make sure you meet all the requirements related to citizenship, academic standing, area of study/research etc.
Step 2: Start Application
Once you have confirmed your eligibility, visit the Westpac Scholarships website when applications open – usually mid-July. Find the relevant scholarship and click on ‘Apply Now’ to begin the online application form.
Step 3: Provide Required Information
The application will require you to provide personal details, contact information, academic history, transcripts, resume/CV etc. You will also need to write responses to questions related to your achievements, leadership experience, future goals and how you will use the scholarship to create impact.
Step 4: Upload Supporting Documents
In addition to the application form, you will need to upload documents such as references/letters of recommendation, proof of citizenship, academic transcripts, awards and nominations. Follow the instructions carefully regarding specific requirements.
Step 5: Submit Application
Once you have filled all sections of the application form and uploaded necessary documents, submit your complete application by the due date – usually end of September.
Step 6: Check Status
Wait to hear back regarding the status of your application. You may need to complete supplementary assessment stages.
Step 7: Attend Interviews
If shortlisted, attend any interview rounds organized – e.g. December 5-6 for the 2023 Future Leaders Scholarship. Prepare to discuss your background, goals and vision.
A Launch Pad for Realizing One’s Potential
The Westpac Scholarship programs offer much more than just financial grants. Scholars gain access to individual development opportunities, networks and partnerships to accelerate their impact.
All scholars undertake targeted leadership coaching to amplify their strengths. They become part of an extensive community of change makers and are connected with organizations aligned to their vision. Scholars also participate in an Annual Ideas Lab to workshop their ideas with industry experts.
Q1. When do applications open and close?
Most programs open applications in mid-July and close end of September annually. Some have additional intakes. Sign up for alerts.
Q2. What information needs to be provided?
Applications require personal details, academic history, transcripts, resume/CV, responses to questions regarding your goals, achievements and vision as well as supporting documents.
Q3. How many scholarships are offered annually?
Over 100 scholarships are offered across 5 Westpac programs each year – worth over $4 million. Numbers vary by category.
Q4. What are the selection criteria?
Assessment is based on academic merit, personal qualities and attributes such as leadership potential, impact of your proposal and alignment to program objectives.
Westpac Scholarship Trust offers a range of prestigious scholarships aimed at empowering talented individuals to drive positive change in Australia. Over 100 scholarships are awarded annually across five programs – the Westpac Future Leaders Scholarship, Westpac Research Fellowship, Westpac Social Change Fellowship, Westpac Asian Exchange Scholarship and more.
These scholarships provide extensive financial support, up to $400,000 over multiple years, enabling recipients to fully focus on their educational or entrepreneurial pursuits. However, arguably even more valuable are the unmatched personal and professional development opportunities. Scholars gain access to leadership coaching, global experiences, networking platforms to engage with industry leaders and experts, as well as join a community of like-minded change makers.