Virtu Institute Scholarships

Virtu Institute is pleased to be offering a full range of Scholarships in every course and every study term!

Virtu Institute courses are all Australian Government Nationally Recognised Training (NRT) and sit within the Australian Qualifications Framework. A Certificate or Statement of Attainment will be issued to all students completing either a full or part qualification.

Scholarship applications close 5pm, 31st March, 30th June, 30th September and 31st December each year (AEST or AEDT if applicable).

We offer two (2) types of scholarships to Full Fee Paying Students and VET Student Loans (VSL) students:
• Scholarships based on Australian Government benefit entitlements
• Project based scholarships

Prospective students who apply for a scholarship will be entitled to the following:
• Full Fee Paying Student: The scholarship will entitle the student to study their first subject free of tuition fees and to study all subsequent subjects with a 20% discount on the standard published tuition fees.
• VET Student Loans Eligible Student: The scholarship will be equal to the difference between the Virtu Tuition Fee for a course and the maximum allowable VSL loan applicable for a particular course, known as the Course (Tuition) Fee Gap (see the example below) and Virtu’s Schedule of VET Course (Tuition) Fees and VSL Terms and Conditions on: http://www.virtuinstitute.edu.au/fees-fee-help/.

(Example; The Virtu CHC50113 Diploma of Early Childhood Education and Care has a Tuition Fee of $14,400 and the VSL Course Fee CAP is $10,000. The value of the Virtu Scholarship would be $4,400 and will be attributed to the students Tuition Fee account proportionally at each Census Date during the course).

1. Prospective Students on Australian Government benefits
Prospective students who are entitled to the following listed Australian Government benefits can apply for a Virtu scholarship.

Recipients of the following Australian Government benefit will be considered for Virtu scholarships:
• Youth Allowance
• Newstart
• Austudy
• Abstudy
• Carers Allowance
• Parenting Payment
• Rent Assistance
• Low Income Health Care Card
• Disability Allowance
• Assistance of Isolated Children Scheme
• Age Pension
• Service Pension

To apply for a scholarship based on Australian Government benefit entitlements, prospective students must:
1.1 Complete the Virtu Scholarship Application Form.
1.2 Provide certified documentation as proof of being a recipient of one (1) or more of the listed Australian Government benefit entitlements for a minimum of 3 months prior to application.
1.3 Send the complete application to scholarships@virtuinstitute.edu.au.

2. Applications for Scholarships based on a project undertaken and submitted by a prospective student
To apply for a Project Based Scholarship you must complete the below project:
2.1. Choose a place, product or service in your area of discipline that you have experienced in the public domain in the last month, that left you disappointed, dissatisfied, unhappy or frustrated.
2.2 Take a single photo to include in your presentation.
2.3. Redesign/reimagine the place, product or service to improve it.
2.4. Present your ideas in the following format:
a) Write a 250 word (maximum) summary of the problem and your solution
b) Put together a 1 minute video or 5 slide presentation or single still image (poster like) that summarises your solution
c) Include the Virtu logo, your name and email address on the presentation
d) Your presentation file should be no larger than 5MB

2.5. Email your finished presentation along with the Virtu Scholarship Application Form to scholarships@virtuinstitute.edu.au

Scholarship Application Form
Click here to download your Scholarship Application Form.

3. Selection Criteria
The solution should be socially relevant, engaging, and maybe have an element of fun. The problem can be solved in any way that the prospective student desires.

The assessment panel will use the following criteria to judge the entries/applications:
• The social importance of the project selected by the applicant
• The quality of the response to the problem
• The quality of the presentation of the entry

4. Terms and Conditions for Scholarship applications apply as follows
• Applicants for the scholarships based on Australian Government benefit entitlements must be the recipient of one of the 12 Australian Government benefits listed above for a minimum of 3 months prior to application and must continue to be a recipient of the benefit during their study
• The Virtu Scholarship Application Form must be submitted with the required certified documentation (and project documentation if applicable) by the due date
• The applicant must meet the entry requirements of the course applied for and if applicable must be eligible to receive VET Student Loans
• The scholarship recipients will be enrolled in their classes with study beginning of the next Virtu Term unless otherwise agreed
• Virtu’s scholarships are only available for application by Virtu to Virtu Courses (Tuition) Fees and are not payable in any form to the student and are not able to be used for study in any another institution
• A full set of Terms, Conditions and Procedures of the Virtu Scholarship Program is available on the Virtu website: VDIPP20210 Policy and Procedure for Scholarships.

5. Virtu Scholarship Assessment Panel
The assessment panel is made up by the following Virtu Institute staff.
• Academic Director (VET), (Chair of Panel), Ms Rachel Hawkins (Top)
• Administration Manager and Registrar, Ms Kerrin Carlson (Centre)
• Student Services Manager and Assistant Registrar, Ms Monique Eggeling (Bottom)

APPLY NOW! Read the below terms and conditions and then submit your application to scholarships@virtuinstitute.edu.au

6. Scholarship Recipient’s Information
6.1. By applying for a scholarship you give Virtu consent to collect your personal information and to contact you.
6.2. Virtu agrees to keep confidential all personal details obtained by Virtu during each scholarship application period.
6.3. By applying for a project based scholarship the applicant gives Virtu consent to use the applicants name and project work for marketing and publicity purposes.
6.4. Ownership of the Intellectual Property rights of all project based applications remain with the applicant, however by applying, the applicant gives Virtu consent for unlimited license to use the project material from the scholarship program for publicity and in Virtu Institute promotional material.
6.5. The decision of the Virtu Scholarship Assessment Panel are final and any Grievance or Complaint regarding these decisions must be made in accordance with the Virtu VDIP&P20315 Student Grievance Handling Policy & Procedure (Academic & Non Academic Grievances)

7. Scholarship Provider
Virtu Design Institute Pty Ltd (RTO Code: 40530) trading as Virtu Institute, Level 21 / 233 Castlereagh Street NSW 2000
Website: www.virtuinstitute.edu.au

Further Information
For further information regarding the terms and conditions please contact scholarships@virtuinstitute.edu.au