Criteria and Terms and Conditions

2022 Pacific Scholarships (Pacific Islands)

ELIGIBILITY CRITERIA

The applicant must:

  1. be enrolled and studying accountancy (either full or part time) as part of a Chartered Accountants Australia and New Zealand (ANZ) accredited undergraduate degree which leads to eligibility to apply to become a Provisional Member of Chartered Accountants ANZ and enrol in the Chartered Accountants ANZ’s CA Program;. For a list of Australian and New Zealand degrees accredited by Chartered Accountants ANZ, see here https://www.charteredaccountantsanz.com/become-a-member/entry- requirements/chartered-accountant/recognised-qualifications;
  2. complete the application form in full, following all instructions and providing all required documentation;
  3. satisfy the criteria specified in the cover letter section of the scholarship application form;
  4. be able to demonstrate that they intend to pursue accounting as a career;
  5. be able to demonstrate they are of Pacific Island heritage;
  6. be available to attend a telephone or a video interview to discuss their application; and
  7. be able to demonstrate they are currently studying and residing within the Pacific Islands.

BACKGROUND INFORMATION AND ACKNOWLEDGEMENTS

  1. Chartered Accountants ANZ and its appointed scholarship selection panel (the Committee) will evaluate each application based on the quality of the information provided by the applicant and his/ her referees. In addition to evaluating the quality of the application material, the Committee will also consider extra curricular activities, community involvement and career ambitions.
  2. Decisions made by Chartered Accountants ANZ and/or the Committee will be final and no correspondence or discussion will be entered into. For the avoidance of doubt, at its discretion the Committee may decide to share the scholarship between two or more applicants.
  3. By signing the declaration on the application form the applicant confirms that the information provided is true and correct.
  4. The applicant acknowledges that Chartered Accountants ANZ is not obligated to award any scholarships in any year and scholarships will not normally be granted to applicants receiving a full salary.
  5. The applicant authorises Chartered Accountants ANZ and/or the Committee to lawfully obtain at any time from any person or entity, any information about the applicant that Chartered Accountants ANZ and/ or the Committee considers necessary or desirable in order to process the application and the applicant authorises such person or entity to release this information.
  6. Scholarship recipients may apply in subsequent years for further funding from Chartered Accountants ANZ.
  7. Unsuccessful applicants may also re-apply in subsequent years.
  8. The scholarship may be held concurrently with other awards or scholarships obtained by the applicant. However, applicants must include in their application details of any other funding of any nature applied for or already awarded to the applicant. If funds have already been received, applicants should include details of how those funds were applied.
  9. A written reference is required on behalf of the applicant by a character referee who knows the applicant personally who should outline not only the applicant’s ability as a student, but also his/her contribution to, and support of their community through extra- curricular activities.

GENERAL TERMS AND CONDITIONS

  1. Applicants who are awarded a scholarship (Recipient) must sign this document confirming that they agree to these terms and conditions under which the scholarship has been awarded and must provide a copy to Chartered Accountants ANZ before any scholarship funds will be paid. The Recipient must acknowledge to Chartered Accountants ANZ receipt of all scholarship funds.
  2. Scholarship funds may only be used by the Recipient to pay for tuition fees and study related costs. The scholarship funds must not be used for payment of professional membership fees or any other purpose not expressly authorised by Chartered Accountants ANZ.
  3. The Recipient must acknowledge the funding received from Chartered Accountants ANZ in all published materials.
  4. In the event the Recipient discontinues or withdraws from his/her course of study during a scholarship funding year, or the focus of the Recipient’s study or research changes, the Recipient must immediately notify the Committee in writing, following which the Committee may:
    a. terminate the scholarship, in the event of which, Chartered Accountants ANZ will not be obliged to make any further payments to the Recipient; and/or
    b. require the Recipient to refund all or part of the scholarship funds paid to, or on behalf of, the Recipient.
  5. If the Committee considers that the Recipient is making insufficient or unsatisfactory progress in achieving his/her qualification, including the grades achieved, the Committee may:
    a. terminate the scholarship, in the event of which, Chartered Accountants ANZ will not be obliged to make any further payments to the Recipient; and/or
    b. require the Recipient to refund all or part of the scholarship funds paid to, or on behalf of, the Recipient.
  6. If Chartered Accountants ANZ or the Committee becomes aware that any information provided to it by the Recipient is false, erroneous or misleading, Chartered Accountants ANZ, without limitation, reserves its right to:
    a. terminate the scholarship, in the event of which, Chartered Accountants ANZ will not be obliged to make any further payments to the Recipient; and/or
    b. require the Recipient to refund all or part of the scholarship funds paid to, or on behalf of, the Recipient.
  7. Chartered Accountants ANZ may review and amend the terms and conditions applying to the scholarships at any time.
  8. The Recipient acknowledges that this scholarship does not entitle the Recipient to automatically become a Chartered Accountants Provisional Member. The Recipient is still required to independently apply for and meet the requirements for admission to membership as a Chartered Accountants Provisional Member.

PRIVACY NOTICE

  1. Chartered Accountants ANZ (including its subsidiaries, and controlled entities including the New Zealand Institute of Chartered Accountants (NZICA), a regulated body established under the New Zealand Institute of Chartered Accountants Act 1996 (and controlled by Chartered Accountants ANZ) may collect, hold, use and disclose personal information about the applicant in relation to the Pacific Scholarship (Pacific Islands).
  2. Applicant can find out more about how Chartered Accountants ANZ may use, disclose, process and handle applicant’s personal information by viewing Chartered Accountants ANZ’s privacy policy at https://www.charteredaccountantsanz.com/privacy-policy (Privacy Policy).
  3. The primary purpose for collecting applicant’s personal information is to assess an applicant’s scholarship application, determine application outcomes and facilitating the scholarship program.
  4. Providing Chartered Accountants ANZ with the requested information is not required by law. If applicant chooses not to provide us with the requested information or provide incomplete information, Chartered Accountants ANZ will not be able to assess that applicant’s application.
  5. While applicant’s personal information is collected by Chartered Accountants ANZ in New Zealand, it is likely that the applicant’s personal information will be disclosed to overseas recipients outside of applicant’s country of residence in accordance with Chartered Accountants ANZ’s Privacy Policy.
  6. Chartered Accountants ANZ’s Privacy Policy also contains the contact details of Chartered Accountants ANZ’s privacy officer and information regarding applicant’s rights and how applicant can seek to access and correct applicant’s personal information or raise a privacy concern with us and how it will be dealt with.
  7. If the applicant has any questions or concerns about this privacy notice, Chartered Accountants ANZ’s Privacy Policy or how Chartered Accountants ANZ handles applicant’s personal information, please contact Chartered Accountants ANZ’s privacy officer.

Privacy Officer / Data Protection Officer
Chartered Accountants Australia and New Zealand| 33 Erskine Street
Sydney NSW 2000
P: 1300 137 322
E: [email protected]

ADDITIONAL TERMS AND CONDITIONS

Applications and all supporting documentation should be emailed to Chartered Accountants ANZ at [email protected] by no later than 11.59pm (NZST) on Sunday 4 September 2022.

The email title should have the subject line “Chartered Accountants ANZ Pacific Scholarship Application (insert applicant’s name)”. Applications received after 11.59pm NZST on Sunday 4 September 2022 or which have not been correctly completed or submitted will not be considered.

Without limiting the composition of the Committee, the Committee shall include members of Chartered Accountants ANZ and the Pacific Islands Chartered Accountants Network (PICAN).

Applicants will be notified of the Committee’s decision by 30 September 2022. Decisions made by the Committee will be final. Correspondence or discussion concerning any aspect of the award of a scholarship will not be entered into.

The full Pacific Scholarship (Pacific Islands) value is NZ$5,000 paid in a single instalment.