Additional criteria is as follows —

1. Scholarships are awarded based on merit to current Diploma students of AOMI
2. Scholarships are limited in number; an applicant may meet the scholarship criteria however, a scholarship may not be awarded
3. Scholarships are not transferable or “reserved in place” — taking a leave of absence or dropping out of the program of study will forfeit any scholarship offered
4. Continuation of scholarship award is subject to the student successfully meeting all study requirements including passing all subjects, and adhering to AOMI’s Information Handbook “student conduct” and “attitude to learning”
5. Should a scholarship recipient fail a subject, the scholarship award is forfeit
6. If the scholarship is forfeit, the scholarship recipient is liable for all tuition fees and costs of subsequent subjects from that point forward
7. Scholarship recipients remain liable to pay for all non-tuition items required for study such as software and textbooks
8. Decisions relating to scholarships are final, and no further correspondence will be entered into

To provide some context, students who are awarded a scholarship for study terms 2, 3 and 4 will not have any “out of pocket” expenses. As such, the cost of tuition will be borne by the VET student loan amount. As an example —

Study Term 1 = $6,000
Study Term 2 = $4,000 [$6,000 less $2,000 scholarship award]
Study Term 3 = $4,000 [$6,000 less $2,000 scholarship award]
Study Term 4 = $4,000 [$6,000 less $2,000 scholarship award]

Total cost of Diploma program for successful scholarship award recipient = $18,000
VET student loan contribution towards fees = $16,000
Out of pocket expense for student = $2,000