Stipend and allowance rates
All values below are in Australian dollars (AUD$).
Scholarship payments are made fortnightly. There are 10 paid days in a fortnight (including public holidays). The fortnightly rate is determined using a formula (i.e. stipend rate / no. of paid days x 10). In 2026 the number of paid days equates to 261. The formula is used to ensure that awardees do not receive less than the advertised annual rate if they are enrolled for the full-year.
Payments for part-time scholarships are half the full-time rate (when claiming the tax-free threshold).
2026 Scholarship Rates
| Scholarship | Full-time equivalent rates No of paid days: 261 | |
|---|---|---|
Co-funded Monash Graduate Scholarship Monash Equity, Diversity and Inclusion Scholarship | $37,145 annually or $1,423.18 fortnightly | |
(Note: rate for awardees commencing from 2025 onwards) | $53,608 annually or $2,053.95 fortnightly | |
Monash Silver Jubilee Scholarship (Existing awardees only) | $53,608 annually or $2,053.95 fortnightly Additional benefits | |
$53,608 annually or $2,053.95 fortnightly | ||
Monash Graduate Excellence Scholarship (Existing awardees only) | $10,000 annually or $383.14 fortnightly | |
Monash Indigenous Research Award | $5,000 annually or $191.57 fortnightly | |
$23,837 annually or $913.30 fortnightly | ||
$41,000 to $59,600 annually | ||
Course tuition fees and single OSHC policy | ||
2025 Scholarship Rates
| Scholarship | Full-time equivalent rates No of paid days: 261 | |
|---|---|---|
Co-funded Monash Graduate Scholarship Monash Equity, Diversity and Inclusion Scholarship | $36,063 annually or $1,381.72 fortnightly | |
RTP Stipend - Indigenous (Note: rate for awardees commencing from 2025) | $52,352 annually or $2,005.82 fortnightly | |
$52,352 annually or $2,005.82 fortnightly Additional benefits | ||
$52,352 annually or $2,005.82 fortnightly | ||
Monash Graduate Excellence Scholarship (Existing awardees only) | $10,000 annually or $383.14 fortnightly | |
Monash Indigenous Research Award | $5,000 annually or $191.57 fortnightly | |
$23,278 annually or $891.88 fortnightly | ||
$38,900 to $56,300 annually | ||
Course tuition fees and single OSHC policy | ||