Monash University Scholarships 2026: Amount and Eligibility

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Shreshta Saboo

Updated on - Mar 13, 2026

Monash University offers various scholarships to international students admitted into graduate, PhD, and undergraduate degree programs. Some of the scholarships for graduate international students are the David Shugg Professionalism Scholarship, the Engineering Accommodation Scholarship, the Master of Commerce Scholarship, and others, which offer amounts of AUD 3,069-100,000 / INR 1.9-64.1 Lakhs.

Monash University offers scholarships to undergraduate international students, such as the Biomedicine Discovery Scholarship, the Engineering International High Achievers Scholarship, the Faculty of IT International Merit Scholarship, and others, which offer amounts of AUD 3,069-100,000 / INR 1.9-64.1 Lakhs.

Scholarships for international students enrolled in PhD/Research based Masters program are available, such as the Co-funded Monash Graduate Scholarship, Monash International Tuition Scholarships, and others, which offer amounts in the range of up to AUD 6,139- 53,608/ INR 4-35.3 Lakhs.

Table of Contents

Monash University Scholarships for Graduate Students
Monash University Scholarships for UG Students

Monash University Scholarships for Graduate Students

The table below lists the scholarships offered by Monash University to international students admitted to graduate degree programs. Students are not required to apply separately for scholarships, except for the Master of Commerce Scholarship and the Monash Peer Mentoring Leaders Scholarship.

Scholarships	Eligibility	Amount Offered	No. of Scholarships Provided
David Shugg Professionalism Scholarship	Enrolled in paramedical undergraduate courses with WAM 80+	Upto AUD 10,000 / 6.4 Lakhs	1
Engineering Accommodation Scholarship	Enrolled in graduate engineering degree programs	Standard Rent Rates	3
Master of Applied Econometrics PHD Pathway Scholarship	Enrolled in the Master of Applied Econometrics (PhD Pathway) program, with a WAM of 80+	AUD 15,000 / 9.6 Lakhs	2
Master of Commerce Scholarship	Enrolled in the Master of Commerce program	Tuition fees + allowance of AUD 37,145 / INR 23.8 Lakhs	Variable
Monash Peer Mentoring Leaders Scholarship	Enrolled in any graduate degree programs and selected as Monash Peer Mentoring Coordinator	AUD 6,000 / INR 3.8 Lakhs	20
MRS Resident Advisor Scholarship	Enrolled in any undergraduate programs, with at least 50% in the previous academic year, and appointed as a Resident Advisor with MRS	AUD 3,069-6,139 / INR 1.9-3.9 Lakhs	Variable
Nicholas Auden International Study Scholarship	Enrolled in a graduate Law program	AUD 10,000 / INR 6.4 Lakhs	1
Pharmacy and Pharmaceutical Science International Merit Scholarship	Enrolled in graduate pharmacy programs	Upto 100,000 / INR 64.1 Lakhs	8
Engineering International High Achievers Scholarship	Enrolled in an engineering graduate degree with a WAM of 75+	AUD 15,000 / INR 9.6 Lakhs	25

Notes:

All the scholarships require an application, except the Master of Commerce Scholarship and the Monash Peer Mentoring Leaders Scholarship.

Applications for the Monash Peer Mentoring Leaders Scholarship open in August every year.

Master of Commerce Scholarship has the application dates as follows:

Semester 1 (February): 1 July - 31 August

Semester 2 (July): 1 December - 1 February

WAM:

WAM is Weighted Average Marks.
It is given by Monash University to undergraduate students.
It is basically a score secured by a student during their degree.
It is similar to the percentage in India. For e.g. 75 WAM = 75%, 80 WAM = 80%, and likewise for other scores.

Also Check: Monash University Application Process

Monash University MBA Scholarship

Monash University offers one scholarship for international students pursuing an MBA. International students are awarded the Dean’s Study Grant. Students are awarded AUD 10,000 / INR 6.5 Lakhs. There is no particular eligibility criterion for it. All the students are provided the scholarship if they apply within the timeline and secure the offer by 31 January 2026 (Tentative, as based on previous year data).

For More Details, Check: Monash University MBA

Students' Review from Reddit: Students have particularly mentioned not receiving scholarships due to extreme competition; students with an ATAR of 95 have also not been able to receive them. Students have suggested having at least an ATAR of 99+.

Monash University Scholarships for UG Students

The table below lists the scholarships offered by Monash University to international students admitted to undergraduate degree programs. Students are not required to apply separately for scholarships, except for the Monash Peer Mentoring Leaders Scholarship (Dates are mentioned above).

Scholarships	Eligibility	Amount Offered	No. of Scholarships Provided
Biomedicine Discovery Scholarship	Enrolled in an undergraduate degree in biomedicine with ATAR 98+ (Top 2% students)	Upto AUD 9,000 / INR 5.7 Lakhs	Variable
Pharmacy and Pharmaceutical Science International Merit Scholarship	Enrolled in undergraduate or graduate pharmacy programs	Upto 100,000 / INR 64.1 Lakhs	8
Engineering International High Achievers Scholarship	Enrolled in an engineering undergraduate degree with ATAR 95+ (Top 5% students)	AUD 15,000 / INR 9.6 Lakhs	25
Faculty of IT International Merit Scholarship	Enrolled in a Computer Science and IT undergraduate degree with ATAR 90+ (Top 10% students)	20% of the tuition fees	10
Monash International Leadership Scholarship	Enrolled in any undergraduate degree except medical	100% of the tuition fees	4
Monash International Merit Scholarship	Enrolled in any undergraduate degree except medical	AUD 15,000 / INR 9.6 Lakhs	20
Nutrition Science Scholars Scholarship	Enrolled in a nutritional science, medical, and nursing undergraduate degree	AUD 9,000 / INR 5.7 Lakhs	Variable
Ross Booth Honours Scholarship	Enrolled in an Economics or Commerce undergraduate degree at Monash Business School	Upto AUD 15,000 / INR 9.6 Lakhs	1
Vice-Chancellor International School Leaver Award	Enrolled in any undergraduate degree with an ATAR of 83 (Top 17% students)	AUD 10,000 or 15,000 / INR 6.4 or 9.6 Lakhs	80
Engineering Accommodation Scholarship	Enrolled in an undergraduate engineering degree program	Standard Rent Rates	3
TNE Engineering Achievement Scholarship	Enrolled in an undergraduate engineering degree program with ATAR 90+ (Top 10% students)	AUD 6,000 / INR 3.8 Lakhs	2
MRS Resident Advisor Scholarship	Enrolled in any undergraduate programs, with at least 50% in the previous academic year, and appointed as a Resident Advisor with MRS	AUD 3,069-6,139 / INR 1.9-3.9 Lakhs	Variable
Monash Peer Mentoring Leaders Scholarship	Enrolled in any undergraduate degree programs and selected as Monash Peer Mentoring Coordinator	AUD 6,000 / INR 3.8 Lakhs	20
Information Technology Industry-Based Learning Placement Grant	Enrolled in a Computer Science and IT undergraduate degree	AUD 15,200-19,400 / INR 9.7-12.4 Lakhs	Variable

ATAR:

ATAR is the Australian Tertiary Admission Rank.
It is used during the admission process at Monash University.
ATAR is a percentile score for a student.
If you have an ATAR of 90, it means you have performed better than 90% of the students, and you are among the top 10% of the students. Similarly, if you have an ATAR of 80, it means you have performed better than 80% of the students, and you are among the top 20% of the students.

Also Check: External Scholarships for Indians in Australia

Monash University PhD/Research Scholarship

The table below mentions the scholarships offered by Monash University to international students who have been admitted into the PhD or Research based Masters program.

Scholarships	Eligibility	Amount Offered	No. of Scholarships Provided
Co-funded Monash Graduate Scholarship	Students with academic excellence, research outputs, and prior research experience.	AUD 37,145 / INR 24.4 Lakhs	Variable
Monash International Tuition Scholarships	Students with academic excellence, research outputs, and prior research experience.	Tuition Fees	Variable
Monash Graduate Scholarships	Students with academic excellence, research outputs, and prior research experience.	AUD 37,145 / INR 24.4 Lakhs	4
Raydon Graduate Research Scholarships	Students enrolled in PhD/Research Masters in Art, Design, and Architecture; Arts; Education, and Law only.	AUD 23,837 / INR 15.7 Lakhs	6
MD-PhD Industry Leaders Scholarship	Students enrolled in PhD/Research Masters in the Faculty of Medicine, Nursing and Health Sciences, must have completed BMedSc(Hons) and achieved an 80 WAM or above.	Upto AUD 15,000 / INR 9.8 Lakhs	5
Monash University-Museums Victoria PhD scholarship	Students working on projects that are either co-supervised by Monash and Museums Victoria, or are substantially focused on some aspects of Museums Victoria’s collection.	AUD 5,000 / INR 3.2 Lakhs	2
Monash Graduate Impact 2030 Scholarship	Students enrolled in PhD/Research Masters in undertaking research which aligns with one of the University's Global Challenges (e.g., Thriving Communities, Climate Change, and Geopolitical Security) as outlined in Impact 2030.	AUD 53,608 / INR 35.3 Lakhs	2
Maxwell King PhD Scholarship	Students with academic excellence, research outputs, and prior research experience.	Upto AUD 53,608 / INR 35.3 Lakhs	2
Research Training Program (RTP) Scholarships	Students with academic excellence, research outputs, and prior research experience.	AUD 41,100-59,600 / INR 27- 39.2 Lakhs	Varies
MRS Resident Advisor Scholarship	Appointed a Resident Advisor with MRS, must provide a valid Volunteer Working with Children check, and a minimum of a pass grade average (50%) in the previous academic year.	Upto AUD 6,139 / INR 4 Lakhs	3
Sir James McNeill Postgraduate Research Scholarship	Students must be undertaking research that is both environmentally responsible and socially beneficial.	AUD 53,608 / INR 35.3 Lakhs	1 every 2 years

International students applying to Monash University have plenty of scholarships, but there are limited number of seats; hence, it is advisable to apply to the university before the deadline, with a good score and extracurricular activities, and secure youself scholarship for which you are eligible.

Monash University Scholarships: Students' Opinion

AI-Generated Summary based on 45 Reviews

The college offers a variety of scholarships primarily based on academic performance and specific application criteria. Notable scholarships include the Monash Graduate Scholarship, providing $29,000 annually for 3.5 years, and the Monash International Tuition Scholarship, covering full tuition for the same duration. Other scholarships include a $12,000 award based on undergraduate grades, a $5,000 student grant for the first semester, and the Monash Merit Scholarship offering a 20% tuition reduction.

International students can also benefit from the Monash Merit and Leadership Scholarship, which requires a separate application. Additional financial aid includes an International Study Grant of AUD 8,000 and a Faculty of IT Scholarship worth AUD 12,000, provided automatically with university acceptance. Some scholarships, like the summer research scholarship, require separate applications and may involve interviews. Overall, numerous scholarships are available, each with specific eligibility requirements and application processes.

By Collegedunia’s Personal AI

Scholarships offered

Monash Accounting Honors Scholarship

International Student Eligible: Yes
Amount: $6,000
Type: College-Specific
Level of Study: Bachelor
Number of Scholarships: N/A

Monash Engineering International Undergraduate Scholarship

International Student Eligible: Yes
Amount: $6,377
Type: College-Specific
Level of Study: Bachelor
Number of Scholarships: 31

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: 31

Go Clean Scholarship

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

Bharat Petroleum Scholarship

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

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My Abroad experience

Likes

Cultural and academic related clubs and student groups.
Campus environment and staff support
Course structure and resources available for students

Dislikes

On campus accommodation is very expensive
Fast paced environment when it comes to academics
There are lot of activities to do on campus and you have no time to cover everything as few activities are overlapping.

realestate.com to rent a whole property. Flatmates, Instagram communities, and Facebook groups for finding an accommodation. Be very careful while choosing one. Not all are as good as they seem to be. Do not pay before inspecting the property directly. Try to get a house in your language or nationality for easy living.

academic: 8/10

faculty: 6/10

infrastructure: 9/10

accomodation: 5/10

placement: 5/10

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Jas Khurana

Monash University( Enrolled 2024 )PTE Score : 90Master of Management and Master of Advanced FinanceMarch 1, 2025

7.2 /10

It is worth to pursue a Masters degree in Melbourne

Likes

The curriculum is vast and industry relevant
There is a lot if diversity in the university
The professors and staff is very friendly

Dislikes

Expensive accommodation at campus
Not much to say about it yet since its only been one semester

I live with my friend and we are renting a two-bedroom apartment. Accommodation is available on real estate and domain and there are student accommodations for people who don’t know anyone here. A lot of my friends are living in student accommodations and they are happy with it. It can be a little expensive here but you can earn your expenses while studying.
Challenges can be with no rental history so renting an apartment for a newcomer is not the easiest job. I advise living in student accommodations and getting pay slips steadily for at least 6 months before renting by yourself.

academic: 9/10

faculty: 8/10

infrastructure: 10/10

accomodation: 8/10

placement: 8/10

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jivesh

Monash University( Enrolled 2023 )IELTS Score : 7B.S Biomedical ScienceFebruary 1, 2025

6.0 /10

My experience in Monash!

Likes

We have good Internship opportunities there, which I found good .
Quality of faculty is so good, they are so interactive and intellectual.
We can also get good Indian food near there.

Dislikes

I think its not value for money; the fee we pay is high compared to other universities.
Permanent immigration is a problem.
Not safe for students in campus during night time.

Mostly 70 per cent of the students from the course get placed.

academic: 7/10

faculty: 8/10

infrastructure: 7/10

accomodation: 7/10

placement: 7/10

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Vomica Deswal

Monash University( Enrolled 2023 )GMAT Score : 206M.S Nursing PracticeJanuary 10, 2025

3.0 /10

Admission Experience at Monash

Likes

Highly diverse with students from all over the world.
Very efficient and knowledgeable faculty.
Options to explore many extra curricular activities - almost all sort of clubs are available.

Dislikes

Campus is not as big and fancy as Oxford or Cambridge.
Not very helpful in getting campus placements.

"I found accommodation through facebook marketplace. My rent was $700 which included laundry and utilities (electricity and water). I did not really face any challenges while finding accommodation, but when securing it, I had to make a decision within 2 days after viewing because of it's high demand. For future students, I would recommend to get a private room if possible because then you can focus a lot on your studies. There's Facebook marketplace, Kijiji and real estate agencies which rent out and if you find real estate agency which specialises in student housing (WCRI in my city, Waterloo), then you can find pretty cheap rooms near university campuses. My accommodation is around 4 KM away from the campus. Most of the Indian students live in the city of Kitchener, but some groups did live near the university but they had to share their rooms with at least 3-4 other people to afford those places."

academic: 3/10

faculty: 4/10

infrastructure: 5/10

accomodation: 3/10

placement: 3/10

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Omkar Parkar

Monash University( Enrolled 2023 )Ms in CybersecurityDecember 30, 2023

7.2 /10

Overview to Masters at Monash Clayton

Likes

I chose this University based on programme structure, university ranking, opportunities available and level and type of academics offered.
Organisation of academic and non academic activities alongside many opportunities for international students. Free food and drinks on many occasions throughout the week. Campus atmosphere and services offered. Dedicated sports and fitness services alongside of the technical activities as well if one is interested. There are opportunities available to socialize with like minded folks and gain insights to pursue different career paths and/or jobs amongst other things.

Dislikes

Location of the university is almost half hour away from the city that is probably the most disliked point. Lack of human element in various processes, like there are many instances when you are supposed to do a certain aspect of activity and due to its digital nature you might not understand it completely well at the same time if there were a human element involved it would prove a lot more beneficial.

It is an overall good experience with challenging academics at par with current trends and other industry standards. There are lots of extracurricular and fitness oriented opportunities available as well.

academic: 8/10

faculty: 8/10

infrastructure: 10/10

accomodation: 9/10

placement: 8/10

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Raghu Govind Pillai

Monash University( Enrolled 2019 )Master of Advanced Engineering Mechanical Engineering on-campus [id: 139048]September 24, 2023

5.7 /10

Monash Engineering (2019-2021)

Likes

Change of pace from US rat race, better ranking, lower fees, better international recognition, safer country.

Scholarship

Yes, AUD 8000.

Overall, it would say it was good and refreshing, especially as an international graduate. Though, facilities could've been handled well during COVID, the on-campus classes and labs would have to be the major takeaway when it came to academics. Events would always be there Year round, so there's no shortage of freebies to look for.

academic: 7/10

faculty: 8/10

infrastructure: 8/10

accomodation: 6/10

placement: 5/10

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Gouri Goyal

Monash University( Enrolled 2020 )M.A Applied Economics and EconometricsSeptember 24, 2023

8.3 /10

A journey to remember!

Likes

The faculty is extremely impressive with lot of different courses.

Scholarship

The most common scholarship for international students is Monash Merit and Leadership Scholarship. The application has to be submitted separately and more details can be found in the website.

The experience at Monash University is wholesome. The students get to experience everything that a course should offer. This international exposure in the life of students is much needed. The university not only helps student academically but also to settle in the new city far from home.

academic: 10/10

faculty: 10/10

infrastructure: 10/10

accomodation: 10/10

placement: 10/10

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Nischitha K Raj

Monash University( Enrolled 2019 )MS Data ScienceSeptember 22, 2023

7.3 /10

Monash for Data Science

Likes

Monash University is one of the Q8 in Australia. Master of Data Science was well structured. I loved how the units covered all the things I wanted to study. I liked how practical and theoretical units were balanced.

Scholarship

I did get scholarship about 2,000 AUD. Not able to recall the name.

I enjoyed thoroughly. Doing Masters is once in a lifetime opportunity. It’s a great experience. Meeting new people. Learning new skills, participating in a lot of events organized by the Uni. It was great.

academic: 9/10

faculty: 9/10

infrastructure: 9/10

accomodation: 9/10

placement: 8/10

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Mohamed Raakin

Monash University( Enrolled 2018 )B.I.TSeptember 22, 2023

6.7 /10

Monash Study Experience

Likes

The college was ranked number one in Australia for the course and the only university with an IT faculty in Australia which is one of my favourite countries in the world.

Scholarship

No I haven’t received any scholarships.

My Monash university experience was wonderful and even though I wish I could have studied all 3 years if the Covid didn’t impact me as most of the time I spent was studying online.

academic: 9/10

faculty: 7/10

infrastructure: 10/10

accomodation: 7/10

placement: 7/10

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Rahul Bharadwaj

Monash University( Enrolled 2020 )Master Business AnalyticsSeptember 21, 2023

7.0 /10

Monash - One of the Best Universities in Australia

Likes

As part of the prestigious Group of Eight (Go8) universities in Australia and among the Top 100 universities in the world, Monash was one of the best Universities to study a Master of Business Analytics.

Scholarship

Received a default scholarship of $8000 for the first year through IDP Education.

My overall experience was fruitful and worth the buck as I bagged a role within 2 weeks of graduation. This was because I worked towards employment right from day one of University. It is not easy to get jobs as an international student. But with the right mindset, hard work, and making the best use all the resources at my university, I have now carved my own path and career in Australia.

academic: 9/10

faculty: 9/10

infrastructure: 10/10

accomodation: 8/10

placement: 6/10

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