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University of Melbourne Scholarships 2026: Amount and Eligibility

Melbourne, VictoriaLocation

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Shreyashi Pathak

Study Abroad Expert | Updated on - Feb 20, 2026

The University of Melbourne Latest Updates:

08 January, 2025

The University of Melbourne starts offering the Engineering and IT Student Experience Grant, providing up to AUD 1,000 (~54K INR) as a one-off payment for graduate coursework students in the Faculty of Engineering and IT. To know more about award and eligibility status click here.

01 January, 2025

The University of Melbourne has introduced two new bursaries for 2025, offering financial support ranging from AUD 1,000 to AUD 10,000. In addition, several merit-based scholarships, including the Melbourne Graduate Scholarship and Marie Skłodowska-Curie Actions, are available to assist students. Click Here to know more.

The University of Melbourne opens multiple scholarship pathways for international students aiming to reduce the cost of studying in Australia. Flagship research awards like the Graduate Research Scholarships and Melbourne Research Scholarship offer full tuition fee coverage plus a stipend of around AUD 37000 per year which is about INR 23.72 lakh at 64.11 rate, along with OSHC and relocation support. Most of these are automatically assessed with your admission application, making academic merit and early timing critical.

At the coursework and undergraduate level, key options include the International Postgraduate Coursework Award and the Melbourne International Undergraduate Scholarship, typically offering 25 to 50 percent tuition fee remission. While full funding is limited outside research programs, strong scores such as 90 percent plus significantly improve chances. In a merit driven system, performance opens the door and early application strengthens it.

Also Check: University of Melbourne Admission 2026

Table of Contents

University of Melbourne Graduate Scholarships
1.1 Scholarships for Graduate Research Degrees

1.2 Scholarships for Graduate Coursework Degrees
University of Melbourne Undergraduate Scholarships
University of Melbourne Students Review

University of Melbourne Graduate Scholarships

For Indian students planning postgraduate studies at the University of Melbourne, scholarships are largely merit-based and seriously competitive. The university awards 600+ Graduate Research Scholarships each year, with nearly 300 allocated to international students, making it one of Australia’s strongest research funding hubs. The biggest advantage is that most of these are automatically considered when you apply for admission, so there is usually no separate scholarship form to chase. Funding can include full tuition fee waivers, an annual stipend of around AUD 37,000 (INR 23.72 lakh), relocation grants, and Overseas Student Health Cover (OSHC).

That said, research degrees receive the bulk of funding, while coursework scholarships are more limited. Even then, awards can range from 25% to 100% tuition fee remission, with a few options specifically tailored for Indian students. Since scholarship deadlines align with Semester 1 (Feb/Mar) and Semester 2 (July) intakes, applying early is not just smart but strategic. In a system where merit decides everything, timing quietly decides the rest.

Scholarships for Graduate Research Degrees

Scholarship Name	Eligibility	Benefits	Application Process	Key Notes for Indian Students
Graduate Research Scholarships (includes Melbourne Research Scholarship & RTP)	High-achieving international students enrolling in Master’s by Research or PhD	Full tuition fee offset (up to 2 yrs Master’s, 4 yrs PhD) + AUD ~37,000 (INR 23.72 lakh) annual stipend + AUD 3,000 (INR 1.92 lakh) relocation + OSHC	Automatic consideration with research admission application	~600 awarded yearly; highly competitive; strong academic & research profile required
Melbourne India Postgraduate Academy (MIPA)	Indian students undertaking joint PhD with UniMelb + IITs/IISc/partner institutions	Funded via Graduate Research Scholarships (fees + stipend + research funding)	Apply for research admission; supervisors submit joint proposal	Ideal for Indo-Australian research collaboration in STEM, medicine, engineering

Scholarships for Graduate Coursework Degrees

Scholarship Name	Eligibility	Benefits	Application Process	Key Notes for Indian Students
International Postgraduate Coursework Award (IPCA)	High-performing international students admitted to eligible Master’s programs	25%–100% tuition fee remission	Automatic consideration with course application	Around 100 awards annually; strong UG scores (80%+ equivalent) help
Alex Chernov Scholarship	Indian students admitted to 1-year Melbourne Law Masters (MLM)	Full tuition + AUD 20,000 (INR 12.82 lakh) living allowance	Separate application (300-word statement required)	India-specific; very competitive; law only
Westpac Future Leaders Scholarship	Exceptional postgraduate students (coursework or research) with leadership impact	Up to AUD 120,000 (INR 76.93 lakh) over 2–3 years	Separate application via Westpac Scholars Trust	Leadership-focused; open to Indians; only ~2 awards annually

University of Melbourne Undergraduate Scholarships

Scholarships for undergraduate programs at the University of Melbourne are available for international students. However, they are fewer and less generous than graduate research awards. Most scholarships are merit-based. Strong academic scores such as 90%+ in CBSE/ICSE or high IB/ATAR equivalents are usually required. The main advantage is that most awards are automatically considered when you apply for admission. No separate application is needed unless clearly stated. While India is eligible for general international scholarships, there are no major India-exclusive undergraduate awards.

The coverage is usually partial. Most scholarships offer 25–50% tuition fee remission. Full tuition or living stipends are rare at the bachelor’s level. Living expenses remain the student’s responsibility. Some residence-based awards may help with accommodation costs. Eligibility and country criteria can change by intake. So applying early and checking the official scholarship page for your course is essential. Strong academics matter but early action makes the difference.

Scholarship Name	Eligibility (Brief)	Benefits	Application Process	Notes for Indian Students
Melbourne International Undergraduate Scholarship	High-achieving international students from eligible countries (based on World Bank GDP criteria); strong academic record	25% tuition fee remission for full course duration (3–4 years)	Automatic upon admission offer	India often eligible (subject to criteria). Competitive; dozens awarded annually.
Melbourne Chancellor's Scholarship	Top percentile academic achievers in bachelor’s programs	50% tuition sponsorship + up to AUD 2,500 (INR 1.60 lakh) Global Scholars Award + pathway to select master’s degrees	Automatic if merit threshold met	Prestigious; strong chance with 95%+ academic results. One of the most valuable UG awards.
Commerce Undergraduate International Merit Scholarships	High-achieving students entering Bachelor of Commerce	25–50% tuition remission (varies by cohort)	Automatic with BCom application	Strong option for Indian commerce/business aspirants.
AG Whitlam International Undergraduate Merit Scholarship	Talented BCom students from designated countries (rotational eligibility)	Partial tuition remission (often 25–50%)	Automatic upon BCom admission	India included in some intakes (e.g., Semester 2). Check current cycle eligibility.
Commerce Undergraduate International Partner Scholarships	Students from recognized partner institutions enrolling in BCom	Partial tuition remission	Automatic if from eligible partner pathway	Applicable if studied through an approved partner program in India.
International House Scholarships	Undergraduate residents (merit/need-based) at International House	Up to AUD 22,500 (INR 14.42 lakh) (mainly accommodation/living support)	Separate application via residence	Not tuition-focused; helpful for housing. Limited spots; check residence deadlines.

University of Melbourne Students Review

As per student reviews on Reddit, Quora, and YouTube, most students say scholarships at the University of Melbourne are competitive but achievable. Many undergraduates mention receiving 25 to 50 percent tuition fee waivers. Full tuition awards are described as rare at the undergraduate level. They are more commonly seen in research programs such as Masters by Research or PhD.

Graduate research students often share that they received full tuition coverage along with a stipend of around AUD 37000 per year. However, several students point out that even with A star grades or 90 percent plus scores, selection is not guaranteed. The number of scholarships is limited. That makes the process highly merit ranked.

Students also highlight that many major scholarships are automatically assessed with the admission application. There is usually no separate form. Outcomes are commonly released within four to eight weeks after applying. Indian students in particular advise applying early and maintaining strong academic consistency. For research programs, connecting with a potential supervisor is often seen as a smart move.

When it comes to managing the cost of studying abroad, the University of Melbourne provides various scholarships designed to support students facing financial strain. These range from partial tuition fee waivers at the undergraduate level to fully funded research packages that cover tuition and offer a yearly living stipend. Many major awards are automatically assessed with your course application, which makes the process simpler. However, competition is strong and full funding is limited, especially for coursework programs. Students with excellent academics who apply early tend to stand out. In short, with the right strategy and planning, Melbourne’s scholarships can significantly ease the financial burden of an international degree.

University of Melbourne Scholarships: Students' Opinion

AI-Generated Summary based on 58 Reviews

The University of Melbourne offers various scholarships based on academic merit, with some providing significant financial benefits. Notable scholarships include the Melbourne International Undergraduate Scholarship, which offers 100% fee remission for the entire course duration, and the Melbourne Research Scholarship, which provides AUD 30,000 per year. The Bachelor of Commerce Global Scholarship offers a 20% tuition discount, and the Melbourne School of Engineering Scholarship grants AUD 10,000 over two years.

The Business and Economics Scholarship awards a one-time AUD 10,000, while the Graduate Scholarship offers a 25% tuition reduction. Scholarships are highly competitive, with approximately 20% of students in some cohorts receiving awards. Automatic consideration is given based on academic performance, often without a separate application process. The Business and Economics Graduate Scholarship offers 25% and 50% tuition reductions, with no specific disclosure on the number of recipients. Some students reported challenges in securing scholarships, with the highest awards going to those with exceptional academic records.

By Collegedunia’s Personal AI

Scholarships offered

Melbourne Asian Development Bank- Japan Scholarship

International Student Eligible: Yes
Amount: Variable Amount
Type: College-Specific
Level of Study: Master
Number of Scholarships: 135

MSD International Scholarships 2020

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

Melbourne Graduate Research Scholarships

International Student Eligible: Yes
Amount: $135,000
Type: College-Specific
Level of Study: Doctorate
Number of Scholarships: 350

Melbourne Graduate Scholarship

International Student Eligible: Yes
Amount: $13,500
Type: College-Specific
Level of Study: Master
Number of Scholarships: 600

Bharat Petroleum Scholarship

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

FINCAD Women in Finance Scholarship

International Student Eligible: Yes
Amount: $20,000
Type: Merit-Based
Level of Study: Master
Number of Scholarships: N/A

Reviews

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My Bachelor's at University of Melbourne Experience

Likes

Learning Environment: There was a perfect balance between academics and extracurricular activities, and this is the most important fact for all-round development.
Mentoring by Faculty: Professors were the most engaging and helpful and were willing to stay back after classes. Tutors also provided great attention to everyone and promoted learning at a fundamental level.
Diverse Peer Group: Engaging with classmates from different backgrounds, as with any foreign university, provided me with a fresh perspective at things. Most importantly, so many activities were always happening around the campus, which provided great networking opportunities.

Dislikes

Abundance of Choice: There are numerous numbers of core and elective subjects that one can choose and in doing so, students keep on shuffling their subjects semester-to-semester which makes it harder for same sets of students to overlap in multiple semesters. It makes long term networking within the classrooms harder.
Red-tapism: For various student services like changing subjects, changing scheduled classes, applying for absences etc., there was a faceless mechanisms of application which made it harder to express certain predicaments and often meant, delayed responses or ambiguity in solutions.
Lack of career support: There weren’t many opportunities offered by the uni which helped directly in networking with industry recruiters or options available for on-campus placements post-degree completion. This made it difficult to secure a job before the degree ended.

Scholarship

No, I didn't receive any scholarship during my course.
It was really, really hard to get any scholarship from Unimelb, and a select few scholars could get 10-15K AUD scholarships with almost perfect grades.
On average, 1 student per 1000 students must have gotten a scholarship, and it was really unheard of that people were getting scholarships. I met only one person who had a Chancellor's scholarship, which was approx. 20K AUD but he had perfect grades since high school so the chances are bleak.

In the lectures, the main teacher/lecturer would teach a class of 400 but in tutorials, the faculty-to-student ratio was 1:15. It provided both kinds of education modes and provided comfort to a student with both modes.
The course content and teaching approach are sufficient to prepare one for securing a job in one's field but the fact is, it depends on the person and their dedication, which really determines if they secure a job.
If you have developed a personal bond with any faculty member, then they might use personal networks to help you find a job, but officially, they do not help with this.
Some lecturers were very practical and gave us practical industry insights which made them stand out.

academic: 8/10

faculty: 8/10

infrastructure: 10/10

accomodation: 8/10

placement: 6/10

extracurricular: 6/10

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Aarushi Tiwari

University of Melbourne( Enrolled 2024 )M.Eng Software EngineeringJune 19, 2025

6.7 /10

I may have spent my childhood elsewhere, but Melbourne uni is where i grew up !

Dislikes

Lack of affordable housing, too many students who won't speak English. Male sure you find a good group early on.

Facebook marketplace. Do not go for campus housing, it is more than triple apartment cost.

academic: 10/10

faculty: 10/10

infrastructure: 6/10

accomodation: 2/10

placement: 6/10

extracurricular: 6/10

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Simran Bhimani

University of Melbourne( Enrolled 2024 )M.Mgmt Accounting and FinanceJune 13, 2025

8.3 /10

My Masters in University of Melbourne Experience

Likes

Flexibility in choosing subjects
Great campus location, very close to the city
Great campus culture and student associations

Dislikes

Very Asia continent dominated - especially for student
Some subjects are entry level and not at masters standard
Few scholarships options

Scholarship

Yes, scholarships for masters of management are auto-granted; there are no separate applications. The Business and Economics Graduate Scholarship is offered to students enrolled in a graduate coursework degree with the Faculty of Business and Economics in recognition of their academic achievements. There are two types: 25% and 50%.
I received a 25% merit-based scholarship and so have 5 of my friends, and I know of 2 people who have a 50% scholarship as well.
This % is cut from the fees each semester before the semester's invoice is sent, so it is a discount, not money given back later.
No disclosure is given for how many students, on average, receive scholarships each year, but the typical award amount is 25%.

I live on campus—I used the university website to find the options, and based on online information like reddit and the accommodation website, I made my choice.
Rent is AUD 2500 per month. It's expensive, as I live in a studio, but electricity, water and Wi-Fi are included.
I did not face any challenges to secure accommodations. You just fill out a form and pay an application fee, and then they send an email if you are accepted or rejected. The key is applying early as soon as you get your COE, as spots book fast.
My accommodation is directly across campus; it takes about 2 minutes to get there. Most Indian students stay at any of the Unilodge buildings in Carlton.

academic: 8/10

faculty: 8/10

infrastructure: 8/10

accomodation: 10/10

placement: 6/10

extracurricular: 10/10

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Subhash Shekar

University of Melbourne( Enrolled 2023 )IELTS Score : 8Master of Computer ScienceFebruary 25, 2025

6.3 /10

A short review of my experience as a University of Melbourne student

Likes

The courses available to choose is probably the best thing about the uni. You get to learn and work with the best talent pool and professors
The campus facility are amazing, ranging from different clubs, the sports centre and the student support center
Lastly, if you an extrovert, you get to make some really good friends across different cultures.

Dislikes

The timing of the classes are little hectic, but it also depends on the subjects you choose. Sometimes they tend to overlap
Certain subjects need prerequisites which can not be fulfilled if you don't plan it out
Compared to other universities, the fee is considerably high, and even the scholarship amount it less.

Finding the first place to say it is again a hard thing, and I would say it's probably one of the hardest tasks.
Since you would be new to the place without any rental history, plus it's a tedious process of first applying, then inspecting, followed by quoting a rent, and finally getting a place.
The best recommendation I would offer anyone is to look out for student housing and student accommodation just until you're settled, after which you can find a place by yourself or make a couple of friends and move in together.

academic: 9/10

faculty: 9/10

infrastructure: 9/10

accomodation: 5/10

placement: 6/10

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Aditya Sengupta

University of Melbourne( Enrolled 2023 )IELTS Score : 7Doctor of Philosophy-ScienceFebruary 25, 2025

7.5 /10

University of Melbourne : an excellent university for research

Likes

University of Melbourne has a research oriented academic atmosphere which fosters independent thought and critical thinking skills
The university also provides a unique course structure where students have flexibility on which subjects/areas of expertise they want to learn and study.
Vibrant atmosphere, beautiful campus and work-life balance

Dislikes

The faculty to student ratio is quite low in UniMelb which makes it hard to get one-to-one time with your tutors and professors
Academic advisors can often be quite busy as they are often juggling many different duties at once.
The on-campus accomodations are a bit expensive

UniMelb offers a few on-campus accommodation options and they are excellent options especially if you want to get the vibe of a campus accommodation; however, they are a bit on the expensive side.
Typically the easiest way to find off-campus accommodation is through websites such as flatmates.com.au or realestate.com.au.

academic: 9/10

faculty: 9/10

infrastructure: 10/10

accomodation: 9/10

placement: 8/10

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Harish Kannan

University of Melbourne( Enrolled 2024 )IELTS Score : 7Master of Data ScienceFebruary 19, 2025

7.8 /10

My journey with University of Melbourne

Likes

The hands on lab session that happens for every subjeect
A lot of opportunities to research and connect with industry
Free food, lot of events, and activities

Dislikes

I don't really dislike anything about the University
The tuition fee is a bit much and it keeps increasing each year (should offer more scholarship's)
Most the events has some kind of limited entry

I had a relatively easy process of obtaining an accommodation as my friends had arrived a bit earlier than me and with the help of his aunt, we were able to secure a rentable property.
It is usually recommended to search for the accommodation as soon as you get an offer letter (as the student accommodation availability is limited and getting a rentable property is really hard).
There are some pros and cons for each accommodation facility, as commuting is easier with student accommodations, whereas the rent is relatively cheaper in a house in the suburbs but transportation is quite hard.
There are a lot of platforms online (real estate, etc ...) and agents can also be contacted to find suitable accommodation based on the student's needs.

academic: 9/10

faculty: 9/10

infrastructure: 10/10

accomodation: 10/10

placement: 9/10

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Vivekanantha

University of Melbourne( Enrolled 2023 )M.Mgmt Accounting and FinanceJanuary 30, 2025

8.3 /10

University of Melbourne - My Masters Journey

Likes

- Free food all over the campus
- Popular professors (who teach excellently)
- Comfortable lecture halls

Dislikes

- Buildings are quite far from each other
- Keep increasing the fee by 10% every year
- Some subjects are set particularly hard

Scholarship

I was fortunate to receive two prestigious scholarships from the University of Melbourne. The first was the Business and Economics Scholarship, a one-off grant of $10,000, awarded to recognize academic excellence and potential in the field. The second was the Graduate Scholarship, which provided a 25% reduction in my regular tuition fees, reflecting my strong academic performance and commitment to furthering my education.
These scholarships are highly competitive, and approximately 20% of students in my cohort received either one or both of these awards. It was an honor to be among the recipients, as it validated my dedication to academics and professional growth while also easing the financial burden of pursuing a world-class education.

We’ve got a few websites/mobile apps here that may facilitate the search process (such as Flatmates and Facebook Marketplace). You usually get in touch with the agent and book an inspection, and have your local friends here inspect the property to confirm if it's as good as they show in the photos.
The monthly rent in the CBD ranges between $1200 and $1800, but suburbs like Brunswick and St. Kilda are quite cheaper. The accommodation I live in does not have air conditioning (like most of the other student accommodations here). It is quite challenging to find a place to live here. The place I live is only 50 meters from the Parkville campus.

academic: 10/10

faculty: 10/10

infrastructure: 10/10

accomodation: 6/10

placement: 8/10

extracurricular: 6/10

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Divanshu Tuli

Melbourne Business School( Enrolled 2022 )MBADecember 18, 2024

7.3 /10

Top MBA in Australia

Likes

Diversity: We were a class of 40, coming from 13 countries. We all came from diverse industries- consulting, banking, tech, media, healthcare, etc. The average work ex was 5 years, but the range was 2-20 years. Diversity made learning fun & engaging.
Curriculum: Practical course structure; the course did not focus on rote learning. Each subject had multiple live projects and we worked on them in syndicates. Operations' and Data Analysis' projects were two of the toughest ones!
Alumni: MBS alums are some of the biggest names in Australia. Since there is no concept of campus placement in Australia, these alums are the primary source of jobs for students. Networking with these alums become extremely easy when you are in MBS.

Dislikes

Career Support: Not at par with other leading global schools. The career services do help with connecting you to the right resources but do not take the pain of ensuring you get a job. Most top global MBAs work to get you a job. NOT THIS ONE.
The UniMelb campus is super pretty with victorian architecture, greenery and great infrastructure. However, the MBS building is not as impressive. Its a small building with limited facilities. However, we can always access UniMelb if required

Scholarship

In received the MBS scholarship. For this particular scholarship, I did not have to apply. Every student is considered for this scholarship if they are admitted into the program. There were other scholarships as well which required applications. However, as far as I recall, you can't combine scholarships. IMPORTANT: THE DEADLINE FOR THESE SCHOLARSHIPS IS USUALLY THE END OF ROUND 1 (November). GMAT is the biggest criteria for getting the MBS Scholarship. Higher scores ensure better scholarship. If your profile is good and if you have other offers, you can easily negotiate for a bigger scholarship.

The admission process is simple:
1. Application: There is no fee to apply, unless you are shortlisted. After shortlist, you pay AUD100. I personally liked this since most B-schools charge $100 for applying.
2. GMAT/GRE: You need to get a competitive GMAT score. For Indians, anything above 700 should be fine. The higher you go, the better scholarship you will receive. There is no specific GMAT cutoff. The admission also depends on factors like application round, academics, previous experience, etc. 3. IELTS/PTE: Need a 6.5 or above in IELTS. This is basically a hygiene check. Pro Tip: If you have a high GMAT verbal, you can ask for IELTS waiver from the university. Although, after an admit, you will need to give IELTS for the visa process.
4. Interview: A single round of interview with the career services. It was a pretty casual conversation with basic behaviourial questions. The call was focused on setting realistic expectations from the MBA.

academic: 8/10

faculty: 10/10

accomodation: 8/10

placement: 8/10

extracurricular: 10/10

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Mukul Suvarna

University of Melbourne( Enrolled 2023 )M.S Information SystemsAugust 12, 2024

8.0 /10

Take time don't rush

Likes

The most likeable thing is that we get a good blend of research faculty and industry-aligned faculties.

If you are looking for research then Unimel is one of the best, but from my experience, the syllabus is good which would make you an extrovert but it feels a bit of repetition.

academic: 8/10

faculty: 7/10

infrastructure: 9/10

accomodation: 9/10

placement: 6/10

extracurricular: 9/10

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Lavita

University of Melbourne( Enrolled 2023 )M.I.BAugust 9, 2024

9.2 /10

Honest opinion

Likes

Quality of teaching, Infrastructure

Dislikes

Sem is only for 4 months so I feel it is quite fast-paced, No placements

I chose this university because of multiple factors: - Ranking - Teaching - Course structure I would say the overall experience is pretty good. I chose to do a Master of International Business because I feel it brings to the table a lot more with regards to the International aspect and adds a global perspective to all the subjects.

academic: 9/10

faculty: 9/10

infrastructure: 10/10

accomodation: 9/10

placement: 8/10

extracurricular: 10/10

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