Scholarships are part of Curtin's commitment to rewarding academic excellence, supporting research and helping students from all backgrounds to realise their potential and shine their brightest. For some, a scholarship enables them to reach their potential as a contributor to society when they would have otherwise been unable to.
Access to education is vital to empower the students of today to become leaders of tomorrow. Studying a university degree should be based on merit, aspiration and the pursuit of greater knowledge. It should not be impacted by financial hardship or constraint.
In order to achieve a better tomorrow, we need to invest in the students of today.
DESIGN THE SCHOLARSHIP that delivers impact
If you choose to establish a scholarship, there are several options to consider. These options allow you to design a tailored scholarship that will best deliver the impact you hope to achieve.
- Name - What would you like to name your scholarship? Will it be to honour or in memory of someone?
- Purpose - What is the goal of the scholarship? What do you want to achieve?
- Number - How many scholarships will be awarded annually?
- Value - Do you want to support all academic expenses plus cost of living?
- Type - Will the scholarship be merit-based (academic achievement) or needs-based (financial need)
- Duration - Should the scholarships be awarded each year to new students? Or would you prefer to support a student for the duration of hir or her studies?
- Course/Level - Which courses of study (e.g. Bachelor of Commerce) and year level (e.g. 1st year; undergraduate or postgraduate) will the scholarship support?
- Demographic Characteristics of Recipient - Would you like your scholarship to be directed to a student of a particular age, gender, or citizenship?
The Office of Advancement is available to assist in developing a complete list of criteria for your scholarship. Please contact the office for details.
An endowment is timeless and is an opportunity to support students and research at Curtin in perpetuity.
Your endownment supports students not just for one year, or even one generation, but forever.
An endowment is a permanent, self-sustaining source of funding. Endowment assets are invested and each year earnings are used to support scholarships and other University needs. Some endowment funds have a very specific purpose such as funding a scholarship for an undergraduate architecture student. Others may support general areas of need identified by the University as most critical. By establishing an endowment fund, you can create a permanent legacy of support for Curtin.
A minimum gift of $100,000 will establish a named endowment restricted to a specific purpose, such as a scholarship for a business student. Interest earnings vary from year to year. On average over the past three years, a $100,000 gift has earned sufficient interest to provide an annual scholarship of $4000.
A pledge often allows donors to make a more generous gift through payments over several years. For example, a gift of $100,000 might be donated over four years with equal gifts of $25,000 annually. Alternatively, most of the gift may be given early, such as a three year donation in which $50,000 is given in the first year, and $25,000 is given in years two and three. Examples of pledge options are shown in the table below.
|Endowed Donation||Two-Year Pledge||Three-Year Pledge||Four-Year Pledge|
Timing of the first scholarship will vary depending on the size of the endowment and income generated on the principal. For a gift of $100,000 earning four per cent interest the award is usually given once 50 per cent of the endowment total has been received. However in the case of a smaller gift and/or lower earnings, donors sometimes choose to give an additional $3,000 - $5,000 per year for the first two years so that a scholarship can be awarded immediately.
Curtin Foundation funds are held in University accounts and invested in accordance with the University's investment guidelines. The University's 2015 annual return was 4.67 per cent. The table below shows the potential interest generated based on 4% interest income per annum.
|Endowed donation||Annual support generated*|
*Based on a 4 per cent interest income per annum.
Every donation is appreciated and benefits the university and its students. A contribution in any amount will be added to a general or specific scholarship fund, like the WAIT Alumni Scholarship Fund which supports merit- and needs-based scholarships.
Yes. Non-endowed gifts can provide immediate support. This type of gift does not earn gains from the inital investment, but instead makes the full value of the donation available for the specified need.
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