This webpage provides examples of eligible scholarships, bursaries and prizes.
Eligible scholarships, bursaries or prizes are the only ones for which deductible gift recipient (DGR) scholarship funds can provide money. DGR scholarship funds are funds endorsed by the Tax Office as deductible gift recipients under the category of scholarship funds.
The examples in this webpage will help you in working out:
the sorts of scholarships, bursaries or prizes that your DGR scholarship fund can provide money for, and (therefore)
whether your fund can be DGR endorsed as a scholarship fund.
To be eligible, a scholarship, bursary or prize must meet all of the following requirements. Examples are provided for each requirement:
The examples are not an exhaustive list. Each group of examples covers only one of the requirements. To be an eligible scholarship, bursary or prize, all of the requirements must be satisfied.
In the examples the requirement is satisfied, or it is not satisfied.
X
For the examples where the requirement is not satisfied, a DGR scholarship fund could not provide money.
For the examples where the particular requirement is satisfied, a DGR scholarship fund could provide money but only if the other requirements are also satisfied.
In the examples where the requirement is not satisfied (X), it is possible there will be more than one reason why the scholarship, bursary or prize would not be eligible. In keeping with the approach of illustrating only one of the requirements at a time, the examples usually raise only the one difficulty. However, there may be situations where, on the facts of an example, it would fail to be eligible because of more than one requirement. This is particularly the case for examples on the merit or equity requirement, where the same facts could also cause the openness requirement to be failed.
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