Applicants must: be Australian or New Zealand citizens, Australian permanent residents, permanent humanitarian visa holders or international students; and be commencing students enrolling full-time in Economics in the Bachelor of Commerce (Honours) degree or the Bachelor of Economics honours degree at the Monash Clayton campus. Selection is based on academic achievement and awarded to eligible high achievers. Tenure is dependent on maintaining full-time enrolment and having a minimum of an honours level 2A (distinction) grade average in semester 1 to receive payment in semester 2.