The Westpac Future Leaders Scholarships are evidence of the strength of inspirational leadership and the steadfast dedication to creating a more promising and successful future for Australia. Established and backed by Westpac Banking Corporation, these scholarships offer exceptional young people who have a strong desire to have a major and long-lasting effect on their country a doorway to both professional and personal growth. The Westpac Future Leaders Scholarships program has established a distinguished and revolutionary reputation by serving as a ray of hope and opportunity.
Here is what you need to know about Westpac Future Leaders Scholarships 2024:
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Purpose
The primary purpose of the Westpac Future Leaders Scholarship is to identify and support future leaders who are committed to driving positive change in Australia. The scholarship aims to empower individuals with the skills, knowledge, and networks they need to bring about lasting improvements in various fields, such as business, technology, academia, and social impact.
Eligibility
To be eligible for the Westpac Future Leaders Scholarship, applicants must meet certain criteria, including:
- Australian citizens or permanent residents.
- Applicants aged 18-28.
- Individuals with a clear vision for Australia’s future and a commitment to contributing to it.
Scholarship Components
The Westpac Future Leaders Scholarship is a comprehensive package that includes the following components:
Financial Support
Scholars receive funding to cover the cost of their postgraduate studies. The scholarship typically covers tuition fees and provides a living stipend.
Leadership Development
Scholars participate in a leadership development program that includes workshops, mentoring, and access to influential networks.
Global Experience
The scholarship often includes opportunities for overseas experiences, such as internships or study programs with partner institutions.
Alumni Network
Scholars become part of a vibrant and supportive network of Westpac Scholars who share their passion for driving positive change in Australia.
Selection Process
The selection process for the Westpac Future Leaders Scholarship is highly competitive and involves multiple stages, including an online application, a video interview, and a final assessment day. Applicants are evaluated based on their leadership potential, commitment to making a difference, and alignment with the scholarship’s values and goals.
Fields of Study
The scholarship program is open to a wide range of fields and disciplines, including but not limited to business, technology, health, social impact, and academia. Applicants can pursue postgraduate studies in various Australian and international institutions.
Commitment to Australia
Scholars are expected to return to Australia after completing their studies and to make a significant impact on the country. The scholarship program seeks individuals who are dedicated to contributing to the betterment of Australia.
Partner Universities
The Westpac Future Leaders Scholarship program has established partnerships with several leading Australian universities. Scholars can choose from a list of eligible institutions for their postgraduate studies.
Impact of the Scholarship
The Westpac Future Leaders Scholarship has had a profound impact on Australian society by supporting a growing network of future leaders who are actively engaged in driving positive change in various fields.
Benefits
The Westpac Future Leaders Scholarship provides the following benefits:
- Up to $120,000 in scholarship funding over 2-3 years to cover costs including course fees, living expenses, learning experiences, and travel expenses.
- A bespoke Leadership Development Program designed to foster the potential of emerging leaders by building on your unique strengths and developing capabilities for success. It includes two residentials during the nine-month program.
- The opportunity to add a global context to your education, with tailored international experiences of up to six months.
- Lifelong membership of the W100 Scholars Network – a diverse and growing community of inspiring Aussies ready to collaborate, challenge, and offer support. Plus, hard-to-access networking and professional development opportunities.
- Attendance at the Westpac Scholars Summit in Sydney.
Background
Outstanding postgraduate coursework and research students who are keen to use their education to further improve Australia are supported by the Westpac Future Leaders Scholarship.
In addition to providing chances to acquire international experience and lifetime access to the W100 Scholars Network, the program aims to develop leadership potential. Each year, up to 17 scholarships worth up to $120,000 are given to people beginning postgraduate studies from various backgrounds.
Application Date
2024 applications open
Wednesday 5 July 2023
Online Information Session
4:00 pm AEST, Tuesday 8 August 2023.
2024 applications close
5:00 pm AEST, Wednesday 6 September 2023
National Assessment Centre in Sydney
5-6 December 2023
Notification of outcome
13 December 2023
Leadership Development Program Residential
18 – 23 February 2024
Scholars Summit
25-26 March 2024
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