ACCEPTING YOUR SCHOLARSHIP:
Successful scholarship applicants will receive a letter of offer that details the scholarship duration and payment timing. If you do not wish to go ahead with the scholarship you are offered, you must advise YAL immediately in writing.
PAYMENT & REPORTING:
All scholarship recipients will receive their funds via direct bank deposit. Once the recipients have been notified they are successful they will be required to provide bank details for the distribution of their funds.
At the end of every month during the time you are a scholarship recipient, you must provide a report detailing how the scholarship funds have been spent. It is the responsibility of the scholarship recipient to provide this report to YAL. The report template will be provided with the letter of offer.
KEEPING YOUR CONTACT DETAILS UP TO DATE:
All correspondence during the application process will be sent to your nominated email address as provided in your application.
Scholarship recipients must advise YAL if they change their contact information or place of study during the course of their scholarship. This can be done by an email to info@yal.org.au
PUBLICITY & PROMOTION:
If you are offered a scholarship, your scholarship details including first name, region and scholarship awarded may be passed on to media and used by YAL and associated sponsors for promotional purposes, including but not limited to the YAL website and the website of our associated sponsors. Your consent will be sought before we do so.
If you attend events held by YAL, photos of you at the event may be forwarded to your school and/or be used for promotional purposes by YAL and its associated organisations such as the donor who created the scholarship. Your consent will be sought and if you do not wish to be photographed or have your details used in this way, you must contact YAL Staff in writing as soon as possible. Doing so will NOT affect your scholarship or relationship with YAL and it’s associated sponsors.
For further information please refer to YAL policies.
ENROLLMENT REQUIREMENTS
All scholarships are awarded on the basis that you will maintain an enrolled status at the nominated institution or in your approved course of study. Your scholarship may be terminated if your enrollment status changes, for example, if you discontinue your course of study or training.
Most scholarships require full time enrollment. For university students to maintain full time enrollment you must be the equivalent to 0.375 EFTSL. If you are unsure if you are considered a full time student please contact YAL staff at: info@yal.org.au
DEFERRING YOUR SCHOLARSHIP
Requests for deferment of scholarships will be assessed on an individual basis and at the discretion of YAL Scholarships will not be paid while students are on leave of absence or deferment, from their course of study.
MAINTAINING YOUR SCHOLARSHIP
TO RETAIN YOUR SCHOLARSHIP YOU MUST:
Maintain enrollment in an approved school, accredited training organisation or higher education institution in Australia;
You must advise within 14 days of any changes to details as provided in your application;
Comply with all obligations as outlined in your welcome letter;
Provide details of any other scholarship, bursary or award funding in respect to your studies;
Comply with all policies of YAL.
GROUNDS FOR SCHOLARSHIP TERMINATION
YAL may terminate your scholarship if you have:
- Discontinued from your approved course of study or have inactive enrollment via any means;
- Failed to meet the eligibility criteria and conditions of your scholarship;
- Been suspended or excluded from your course of study;
- Behaved in a way that brings YAL or associated sponsor/s into disrepute or in any way damages the reputations of the previous;
- Not meeting the requirements of your scholarship as outlined in your scholarship ‘Welcome Pack’;
- Had criminal charges brought against you;
- Been made an incorrect scholarship offer as determined by YAL at its sole discretion;
and/or;
- Have provided incorrect, false or misleading information or withheld information on your scholarship application or after receiving a scholarship offer.
If your scholarship is terminated you will not receive any further payments.
In cases where the funds have been fraudulently obtained or inappropriately expended you may be required to repay some or all of your scholarship.
REPAYMENT OF YOUR SCHOLARSHIP
You are required to repay your scholarship within 4 weeks of receiving your payment if:
- The payment is made to you in error or you have been overpaid;
- Your scholarship is terminated;
- You do not meet the conditions of the scholarship or are ineligible for the scholarship;
and/or
- You have been made a scholarship offer in error.
HOW DOES MY SCHOLARSHIP AFFECT MY TAX AND/OR CENTERLINK PAYMENTS?
YAL cannot provide you with any advice on taxation or Centerlink matters. The information provided here is of a general nature only and does not take into account your individual circumstances.
In most cases, if you are enrolled as a full time student, your scholarship payment will not be taxed. If you are not enrolled as a full time student, your scholarship payment may be taxed and you will need to declare your scholarship as assessable income in your tax return.
Scholarship payments may impact your eligibility for Centrelink payments.
YAL is not liable for the payment of tax or any other obligations you may incur as a result of accepting a scholarship from us. You must seek appropriate financial advice prior to accepting a scholarship.
Further Information can be obtained from the ATO website, the Centrelink website or the Social Security Law website.
LIABILITY WAIVER
In accepting a scholarship from YAL you agree to WAIVE, RELEASE, AND DISCHARGE YAL, its officers, associates and its associated organisations from any and all liability, including but not limited to, any liability arising from the negligence or fault of the entities or persons released, for death, disability, personal injury, property damage, property theft, or actions of any kind which may occur to you during or after the scholarship period, including during or after any travel undertaken as part of the scholarship.