- All monetary values are in the New Zealand dollar.
The monetary awards are tenable at any New Zealand university, and all except single subject awards last for three years as long as a 'B' average is maintained. Candidates must gain at least three scholarships to be eligible for the Scholarship, Outstanding and Premier awards. All candidates are eligible for only one of the following monetary awards, except that up to two single subject awards can be awarded to a candidate, and a winner of a Top Subject Scholar Award who also passes a second scholarship subject is eligible for the additional $500 award.
- The Premier Award is awarded to the top five to ten candidates who gain three or more scholarship subjects with at least three at outstanding level, and is worth $10,000 per year for three years.
- An Outstanding Scholar Award is awarded to the top 40 to 60 candidates (usually around the top 0.3% of the number of Level 3 students sitting the subject, but more for the less common subjects) who gain three scholarship subjects with two at outstanding level or gain more than three scholarship subjects with at least one at outstanding level, and is worth $5,000 per year for three years.
- A Scholarship Award is awarded to all candidates who gain three or more scholarship subjects, and is worth $2,000 per year for three years.
- A Top Subject Scholar Award' is awarded to candidates who are top of a subject, and did not receive one of the above prizes. It is worth $2,000 per year for three years.
- A single subject award is awarded to candidates who gain one or two scholarship subjects and did not top the subject(s). It is worth $500 per subject for one year only.
Read more about this topic: New Zealand Scholarship
Famous quotes containing the word monetary:
“In our time, the curse is monetary illiteracy, just as inability to read plain print was the curse of earlier centuries.”
—Ezra Pound (18851972)