Chant Legacy Scholarship for postgraduate study in governance
The Chant Legacy Scholarship provides funding for students seeking to undertake postgraduate study in the area of governance.
Applications for the 2017 Chant Legacy Scholarship have now closed.
The Chant Legacy Scholarship is offered once a year on a competitive basis for postgraduate study in governance.
Entries open every August for the following year’s study.
The scholarship recipients are approved in December based on the independent Scholarship Award Committee’s recommendations. New scholarship recipients will commence their studies the following year.
To be eligible:
- you need to show that you meet the requirements of entry into the nominated postgraduate governance study in accordance with the rules of the relevant government-accredited education provider
- your course of study needs to be relevant to your career aspirations
- your selected course must fit in with the aims and intent of the Chant Trust
- you must show a financial need in order to apply for the scholarship.
Scholarship applications will be judged and awarded by an independent committee according to set selection criteria.
If your chosen program of study is already underway, you will not be eligible for the scholarship.
If you receive scholarship funding from us, you are only eligible to complete the number of subjects approved by the scholarship committee. The scholarship does not cover extra subjects as and when requested by the applicant.
You are entitled to an amount up to AUD $2,140 per subject and up to AUD $4,280 per semester (where more than one subject is studied within the semester) and to a maximum of AUD $8,560 per year. The total amount awarded for any applicant is to a maximum of AUD $12,840 for the whole course of study.
The scholarship funding covers study fees only. It will not cover any other fees or expenses, such as travel, campus accommodation, suggested reading and study materials.
- Once you have enrolled in your postgraduate course, an official invoice from the government-accredited educational institution needs to be sent to Governance Institute of Australia Ltd. The amount for that subject will be paid directly to the institution.
- Applicants must provide official proof that they have passed a subject before being awarded the funding for the next subject on the course.
- If, at any time, the scholarship recipient (for whatever reason*) ceases to study their nominated postgraduate course, or is reported to Governance Institute by the institution for failing to comply with any prerequisite rules, terms and conditions of study, future subject amounts will not be awarded, and your scholarship will cease. You need to pass your current subject in order to receive further funding and you must provide evidence of this.
- As Trustees of the Leonard Watson Chant Legacy, Governance Institute of Australia Ltd reserves the right to alter the terms and conditions of the postgraduate governance scholarship at any time and, as such, no individual correspondence will be entered into over and above a general announcement of any changes.
* Reasons may include academic performance, attendance record, and disciplinary actions taken against the student. Exemptions to this rule would include documented and accepted absence due to ill health or other valid reasons for being unable to study at a particular time. In these cases, timing for future funding will be provided by arrangement.
If you would like to register your interest in the next round of the scholarship, please email firstname.lastname@example.org.
History of the scholarship
The Chant Legacy Scholarship was introduced by a trust set up in the original will of the late Mr Leonard Watson Chant. He was elected an Associate member in 1926, and advanced to Fellow of the Institute of Chartered Secretaries and Administrators in 1938. He gained first place in the Institute’s Australasia examinations, and was awarded Gold Medallist and a Certificate of Merit at the time.
He established a tutorial college with the objective of strengthening the knowledge of students enrolling for these governance examinations, with a key interest in accounting and company secretarial work. His work advocated governance education opportunities for those people interested in further knowledge in the governance area.
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Corporate governance practices are an important component of market integrity. Company secretaries are at the front line in maintaining Australia's outstanding reputation for capital markets' integrity. Belinda Gibson, former Deputy Chair, Australian Securities & Investments Commission