15 November, 2011
Moratorium on New Applications for Education Endowment Scholarship Fund.
15th November 2011
The New South Wales Aboriginal Land Council has decided not to accept new applications for scholarships under its Education Endowment Fund in the 2011/2012 financial year.
Council has decided to place a 12-month moratorium on new applications pending a full review of the aims, objectives and operation of the Fund, including how best to attract external funding contributions.
NSWALC's popular and long-running Freddy Fricke Scholarship - which targets University and TAFE students - is unaffected by the review of the Education Endowment Fund, and will operate as normal in 2012 (visit /nswalc-in-the-community/freddy-fricke-scholarship.aspx for further details).
The decision to review the Education Endowment Fund follows careful consideration of a number of internal and external factors which are impacting on the Fund.
The Review will be designed to ensure the Fund is meeting its core aims and objectives to ensure its future long term sustainability.
We also need to ensure it is properly targeted and the demands on the self-funded NSWALC are fully appreciated by key stakeholders before we actively seek external contributors to augment the limited funding we are able to provide in this vital area.
Council will keep the network posted as we set about the review process. I'm confident it will result in ensuring our funds, and others, are targeted appropriately to ensure they will make a real and ongoing difference to the education of our members in New South Wales.
Any inquiries should be directed to Robert Burgess, Director of NSWALC's Program Management Unit on (02) 96894470
NSW Aboriginal Land Council