Applications are now open.
2017 Bursary applications close on Friday 23 September 2016.
The Board of Monte Sant’ Angelo Mercy College has established (2008) a policy for the awarding of Bursaries. A Bursaries Fund has been established within the College Foundation to develop and provide financial resources for the ongoing funding of Bursaries.
Monte Sant’ Angelo Mercy College (the College), as a Catholic school, has a mission to be an active and witnessing Christian community based on the Gospels. Catholic schools in Australia have a tradition of being available to all students, regardless of background or income. Monte Sant’ Angelo’s contribution to this tradition has also been shaped by the founder of the Sisters of Mercy, Catherine McAuley, who established schools as a way of providing young women with an open opportunity for education.
The College recognises that it needs to ensure that financial circumstances do not prevent young women from accessing, or continuing, a Mercy education at Monte Sant’ Angelo Mercy College.
Key Policy Elements
Bursaries are established to assist access to enrolment for young women whose family’s financial circumstances may prevent enrolment at the College.
Bursaries are available to incoming Year 7 students commencing in 2017 and to current students whose family financial circumstances may change such as to prevent their continuing enrolment at the College.
Bursaries will be awarded to young women who demonstrate a commitment to a holistic education and Mercy values. This commitment may be demonstrated by the involvement of the student and/or the family of the student in the educational, co-curricular and community activities of their current school, parish and/or broader community organisations.
Bursaries will only be awarded via application from future or current families. The required financial information will need to be included for an application to be considered.
Bursaries will be awarded for one or more years. Bursaries awarded for longer than one year will be subject to annual review.
Bursaries will be awarded by the Principal.
The obligation of strict confidentiality is incumbent upon the Principal and the recipient family/families. The identity of a Bursary recipient MAY be identified to the College Board by the Principal where requested by the Board.
Criteria for Awarding a Bursary
The principle criterion for the provision of financial assistance from the Bursaries Fund is a demonstrable, means-tested inability to afford a Monte Sant’ Angelo education.
A recipient of a Bursary must be eligible for enrolment or continuing enrolment at the College; by virtue of an appropriate academic standard and commitment to Mercy values.
Assistance from the Bursary Fund will be provided to students and families who, in the view of the Principal, will be, or are, active participants in the College community.
For any student to be considered for a Bursary, the parents/parent will be required to complete an application form. Applications open at the beginning of July and close at the end of September each year.
The Application will need to include the following financial documentation:
- Copies of the previous 3 year’s taxation returns;
- A statement of Assets, Liabilities, Income and Expenditure for the previous financial year;
- Inclusion of documentation – if the applicant (s) are a beneficiary of a trust, shareholder of any company, member of a partnership – regardless of whether income is earned directly or indirectly in a year. If so, the following documentation is required: (a) records of those entries for the previous 3 years (b) assets and liabilities statement (c) signature or verification by a registered chartered accountant or CPA.
Selection and Notification of Recipients of Bursaries
The Principal will consider all applications for Bursaries.
Bursaries may be awarded, offering from 20% up to 100% remission of tuition fees for any one academic year.
Bursaries may be awarded for one or more years with recipients to be advised that continuation of support will be provided subject to an annual review.
The Principal will notify the recipients of a Bursary; including the obligations of confidentiality and the process of annual review.
Annual Review of a Bursary
Each Bursary will be reviewed annually by the Principal with the review covering the ongoing financial circumstances of the Bursary recipient’s family as well as the recipient’s commitment to a holistic education and Mercy values.
To facilitate the review process each recipient family will be required to provide updated financial documentation and evidence of the recipient’s continued commitment to a holistic education and Mercy values.
The Principal can decide to discontinue, reduce or extend the Bursary provision.
For more information contact the Registrar