Scholarship Terms

Australian Property Institute Australian Property Research and Education Fund Scholarship

  1. Scholarship commencement will be subject to:
    1. The recipient accepting APREF’s scholarship offer in writing by the date specified in the offer; and
    2. The recipient providing written proof of an accepted offer and subsequent enrollment in an API accredited property degree
    3. The Scholarship is for a maximum:
      1. For Undergraduate program will receive a total of $30,000 over three years of full-time study with no more than $10,000 to be paid in any calendar year OR
      2. A postgraduate who is enrolled in a one-year program will be awarded $10,000.
      3. The scholarship is based on full-time, flexible study and will be pro-rated for a part-time course load.
  2. The Scholarship will include API Student Membership.
  3. The Scholarship is subject to:
    1. The recipient remaining enrolled in study in the API accredited property degree
    2. The recipient providing to the API, written evidence of subject results at the end of each semester
    3. The recipient passing all enrolled subjects in the API accredited property degree and progressing through the degree planned rate
    4. The recipient complying with the API Membership Policy and Code of Professional Conduct
  4. Scholarship funds will be paid to the recipient’s nominated bank account.
  5. Scholarship funds will be tax free
  6. Scholarship funds must be used to pay HECS fees or expenses directly associated with undertaking the study, including textbooks, computer equipment or living expenses.
  7. Recipients agree to act in an ambassadorial role assisting in activities to raise awareness of APREF during their studies and then as a past APREF Scholarship holder.
  8. The scholarship recipient will be supported an industry mentor for the period of their degree as well as a staff member from the Education team at the Australian Property Institute (API).
  9. If the recipient does not complete the API Accredited degree, APREF may cancel the scholarship and may request the recipient to repay any Scholarship funds already received upon demand.

 

Selection process

Applicants will be assessed on the following criteria:

  • The written application and accompanying documents
  • The applicant’s supporting statement
  • Demonstrated ability and commitment to apply oneself to the study
  • Performance at interview (which may be via video)