Scholarship for Tertiary Students: Applications Open

If you are or were at some stage studying at the tertiary level, then you will likely be well aware of the financial challenges faced by many students. The fine balancing act between the time required to attend to the course study requirements and finding time to generate an income to cover the costs of living. Jade Bike Loans and Jade Finance Australia are addressing the cost pressures faced by students with the 2022/23 $5000 scholarship for tertiary students. The objective is to assist students with the costs of their studies through an award-based scholarship program.

The scholarship is open to a vast range of students from a multitude of studies, faculties, courses and tertiary training institutions. The program is available to students at TAFE, tertiary colleges, universities and at the many institutions that are recognised providers of higher education.

The point of difference with this scholarship program is the written submission which the application requires. Applicants are required to prepare an original 800 word essay or paper around the general theme of lending in the finance sector. The lending market and specifically sourcing the cheapest interest rates is our core focus. But applicants do not have to be studying economics, finance or accounting. We welcome papers, thoughts, ideas and submissions from students across the educational spectrum.

While providing support for students, the scholarship aims to promote original and innovative thoughts and conversations around how the finance sector could be doing better. Searching for submissions that will impress the judging panel and reward the applicant with the up to $5000 award.

If you’re a full or part-time student or you have friends who are, then take a moment to consider taking advantage of this opportunity.

Scholarship Outline

As with all scholarships and awards, the Jade Finance Tertiary Studies Scholarship has criteria for entry. Follow this link for all the details and how to apply.

The initial ‘need-to-knows’ are:-

• Applications are open to students studying both on a part-time and a full-time basis.
• One year completed and enrolment is current.
• Enrolment at any institution which is considered recognised, Australian as a provider of higher education.
• Applicants can be enrolled in any field of study, not limited to finance studies.
• A 800 word essay of original work by the applicant to be included in the application.
• The deadline for applications is 18 July 2023 and the judging panel will have the winner ready for notification by the end of July 2023.

Ideas for the Written Component

The written element of the scholarship application allows extensive freedom on the part of the applicant to explore the full extent of their own ideas, approaches, theories and possibly opinions. The essay must have relevance to finance and the lender but can tackle many issues and come from many angles. It may be the global approach. How world events impact interest rates and borrowing capacities in Australia and how the domestic market might limit such impacts.

It may be the climate change angle. We see in the motorbike manufacturing industry as with other vehicles, a major priority in limiting carbon emissions with more efficient engines. Should more be done by lenders to support these efforts? Are there innovative strategies that lenders could adopt in this space?

Then there’s the regulatory and legislative angle that possible law students may like to address. Is there too much regulation in Australia around lending? Should there be a more market-driven approach? Should governments and regulators actually step up to provide greater protections for consumers?

Are there successful examples of approaches and operating models in overseas markets, with by lenders or others that Australian lenders should be adopting?

With the recent swings and roundabouts of interest rates as a result of RBA decisions, should there be different policies or controls to assist businesses and individuals better make acquisition decisions?

Technology and the digital space have facilitated major advancements in the delivery of financial services. But as has been seen on many occasions, this has also facilitated cyberattacks, fraud and other crimes. The tech heads may come up with innovative approaches to this issue in their essay.

Others may come at the essay from a more practical, methodical, systematic and operational perspective. How can the whole system, including loan applications, loan products and the way it all works be done in a better way?

These represent just a handle of suggestions which applicants may utilise for inspiration.

Capture the Opportunity

Why not share the details of this scholarship with colleagues, associates, friends, siblings and fellow students so all can consider submitting an application. This scholarship is part of the community support provided by Jade Finance Australia and its business group including Jade Bike Loans.

Jade Bike Loans supports riders and students. For finance enquiries call 1300 000 003

DISCLAIMER: IN REGARD TO ANY ERRORS OR MISREPRESENTATIONS IN THIS MATERIAL, NO LIABILITY IS ACCEPTED. THE DETAILS, CONTENT AND DATA IS PRESENTED PURELY FOR GENERAL INFORMATIONAL PURPOSES FOR MOTORBIKE BUYERS AND THOSE SEEKING MOTORCYCLE LOANS. THIS IS NOT INTENDED AS THE SOLE SOURCE OF INFORMATION FOR FINANCIAL DECISIONS. IF SPECIFIC ADVICE IS REQUIRED AROUND FINANCIAL DECISIONS, READERS SHOULD SEEK THEIR OWN FINANCIAL ADVISOR.