Scholarships may be awarded on an equity or merit basis.
The Foundation’s equity scholarships are sometimes branded as Mick Young Scholarships. The scholarship category was set up in memory of the late Mick Young, a former Member of Parliament and Federal Cabinet Minister, who sought to enhance opportunities for financially disadvantaged people through education. The overriding eligibility criteria for a recipient of a Mick Young Scholarship is financial disadvantage combined with motivation and commitment to furthering education and improving life circumstances.
Mick Young Scholarships are normally offered to prospective and existing TAFE students studying in a district or region (typically population greater than 200,000 people) that has pockets of social disadvantage.
Some Scholarship Associates (TAFEs) offer equity scholarships without the Mick Young brand.
Organisations wishing to recognise and encourage students exhibiting outstanding potential or achievement are encouraged to support TAFE National Achievement scholarships which are merit based and may be awarded within industry segments, for example, diesel mechanic, childcare.
Achievement scholarships can be offered to prospective and current TAFE students, nationally, by State or region. Scholarships may be undertaken at one or several TAFE Institutes around Australia and would typically cover the normal duration of the course being undertaken by the student.