William Georgetti Scholarship
The William Georgetti Scholarship is one of New Zealand's most prestigious postgraduate awards. It is named after the influential landowner William Georgetti who bequeathed his estate for the purposes of establishing a perpetual scholarship so that young New Zealanders could continue their studies. Georgetti’s hope was “that the best brains available shall receive the benefit of this trust”. The scholarship is administered by Universities New Zealand - Te Pōkai Tara. Recipients of the award are selected annually by a panel led by the Governor General of New Zealand. Typically between three and seven awards are given , although there may be as many as twelve, and the committee may decide not to award the scholarship at all if no suitable candidate is found. Unlike most postgraduate scholarships, the William Georgetti Scholarship is not restricted to location (recipients may study at any university in any country), discipline or prior institution. The official description of the scholarship states that its "purpose is to encourage postgraduate study and research, normally in New Zealand, in a field that in the opinion of the Scholarship Board is important to the social, cultural or economic development of New Zealand." In practice however, the  award is more often used to support study overseas. Since 2007, 40% of recipients have used their award to fund studies in the United Kingdom, 35% for study in the United States of America, 17% for studies in New Zealand and 8% for studies elsewhere. Value. Recipients may be awarded up to NZD$20,000 per year for Masters study and NZD$30,000 per year for doctoral study. For those students studying overseas the award can be up to NZD$45,000 per year. The maximum period of tenure is three years. The maximum full award therefore is NZD$135,000. The Trustees are able to alter  the value of the award in certain circumstances however, for example 2013 recipient Sarah Paterson was awarded an additional NZD$6000 due to specific extra fees at her chosen institution, the University of Glasgow. Eligibility. Applicants must: Applicants affiliated with one of New Zealand's eight universities must apply through their university. Each university is permitted to put four of these applications forward, from which selection Universities New Zealand compiles a shortlist for interview. Interviews are conducted at Government House in Wellington. Interviewees have their travel paid for by the Trust. While there is no specific minimum Grade Point Average (GPA ) requirement, in practise successful applicants will have a GPA over 8 or more using the 1-9 scale used by Universities New Zealand. The mean GPA on the 1-9 scale for successful applicants between 2007 and 2015 was 8.60. History. William Georgetti’s family were some of the first Europeans to settle in the Whanganui area of New Zealand in the 19th century. William was born there on 12 July 1867 to Augustine and Ellen, one of nine children. The family are said to have had a strong relationship with local iwi and were central to the development of  the region as we know it today. Georgetti Street in Whanganui stands as testament to that legacy. They owned Bastia Hill which was named after the town in Corsica where Augustine Georgetti was born. When Augustine died, his estate was divided between his children which entered into New Zealand Legislation as the Georgetti Trust Estate Act. The young William wished to study to become a doctor, but ultimately he followed his father's wishes and became a successful landowner. He owned extensive property in New Zealand and Australia, as well as shares in timber and gold. Georgetti travelled all around  the world with his wealth, but he never went too far from home, and ultimately settled at a farm in Hastings. His farm was a sheep farm called ‘Crissoge’ and he stayed there with his wife Mary and his children Grace, Douglas and Joyce from 1918 until his death in 1943 at the age of 72. Georgetti instructed that the residue of his estate form a perpetual charitable trust for the purpose of funding scholarships. Georgetti believed that "whatever fluctuations there may be in prices for primary produce and in land values and whatever vicissitudes the said Dominion may pass  through farming land will always be the most stable asset in which to invest money". In keeping with Georgetti's wishes, the trust still holds all 125.5 ha of Crissoge and it is currently leased as eight orchards. Rental income from the orchards, along with other investments, fund the William Georgetti Scholarship.