Scholarship applicants must be accepted into a full-time degree program to be eligible for an award. There is no age restriction. Prospective students apply directly to the institution of their choice. Each year approximately 300 new IPRS will be available. Awards cover tuition fees at individual institutions and health insurance premiums for a period of two years for a Master's Research Degree and three years for a Ph.D., with a possible extension in certain circumstances.
Awards are tenable at most Australian higher education institutions.
The closing date for applications will be set by individual institutions. Most institutions will set a closing date in September or October, but some may require that applications be submitted earlier. Appropriate application forms are available from the individual participating Australian institutions.