AMP and Griffith University have established the AMP New Entrants Scholarship. The purpose of this scholarship is to provide support for students undertaking studies in Financial Planning at Griffith University. Up to six (6) scholarships are to be awarded annually and evenly distributed across two categories:
- Category 1 - Equity
- Category 2 - Academic
Maximum value - $5,000 (paid in instalments) plus professional development opportunities.
Apply by - first offer round - 19 March 2020; second offer round - 3 August 2020.
Can I apply?
To be eligible you must:
- Be an Australian Citizen or Australian Permanent Resident
- Have a GPA of 5.0 or higher at the point of application
- Be a current second year (or above) student in the Bachelor of Commerce degree with a major in Financial Planning (completed a minimum of 80CP) or
- Be a commencing student, in 2020, at Griffith University in one of the following degrees;
- Bachelor of Applied Financial Advice (1612)
- Graduate Certificate in Financial Planning(3329)
- Master of Financial Planning (5687)
What do I include in my application?
To be considered for this scholarship you must complete the following sections within the application:
Complete sections relevant to your education history and/or program information:
- Tertiary education history
- Secondary education history
- Program preferences
Category 2 - Academic bursaries - will be awarded based on the applicant's GPA and other academic history/achievements. (Minimum GPA 5 required)
- Income and expenditure
Category 1 - Equity bursaries - assessment is made on the basis of applications meeting one or more of the following categories: Financial hardship, home environment and responsibilities, English language difficulty, personal illness and disability, educational disruption, regional location.
- Career goals and aims - detail your career aspirations in Financial Planning
- Scholarship benefit - How will this opportunity benefit you?
You must upload the following in the supporting documentation section. (Please use only the following formats - pdf, word, jpeg, or excel, we can only guarantee these formats will be accepted)
- An up-to-date Curriculum Vitae (CV)
Maximum value is $5,000, paid in 2 instalments. Instalments of $2,500 are payable for each enrolled trimester up to the maximum value of the scholarship.
Payments are made up to six weeks after the census date subject to satisfying the Terms and conditions.
Scholarship recipients may also have the opportunity to:
- Attend the annual AMP Professional Development Day and visit an AMP office in a capital city
- Be invited to participate in AMP's the 'day in the life of an AMP adviser' program
- Undertake an internship with AMP through the Commerce WIL_3000AFE course in third year, or the Work Integrated Learning courses 3221AFE or 3222AFE
- Have the opportunity to apply for a conditional employment offer from AMP during their final year of study
The scholarships will be distributed to students from a range of backgrounds and awarded based on the following categories;
Category 1 - Equity
Demonstrate at least one of the following; financial hardship, home environment and responsibilities, English language difficulty, personal illness and disability, educational disruption, regional location.
Category 2 - Academic
To be considered for a scholarship on academic grounds, the student must maintain a GPA of 5.0 or above and be accepted into either a Bachelor, Graduate Certificate Master from a FASEA approved provider.
AMP are a leading financial services company, established in Australia in 1849, AMP offers a breadth of solutions and services, across financial advice, investment management, banking and superannuation.
This scholarship is another way that AMP is promoting a new generation of financial advisers and higher standards in advice. Acting Group Executive, Advice David Akers said "identifying and cultivating the new generation of financial advisers is vital to the industry, particularly with the introduction of new, higher education standards for advisers. We want to help build a sustainable, trusted profession in touch with the needs and aspirations of Australians."
To remain eligible for the scholarship, you will be required to:
- Remain enrolled at Griffith University in your Financial Planning area of study and maintain your pattern of enrolment (full-time or part-time) in your program.
- maintain a GPA of 5.0 or above
The above conditions are verified each trimester at Census date. If a scholarship recipient fails to successfully meet these conditions, scholarship payments may be withheld, or the scholarship may be terminated.
Scholarship recipients who wish to take a period of Leave of Absence from their studies, must also seek approval from the Department of AFE prior to taking leave in order to retain the scholarship.
Applications, including any supporting documentation, must be completed and submitted by the closing date.
Offers are made via email.
Applicants may be shortlisted and be required to provide additional information.