How to Apply for the AICD Scholarship Program for 2023–2024

 

Applications for the upcoming academic year are now being accepted by the AICD Scholarship Program. Learn how to submit an application for this highly sought-after program and enhance your career in governance and leadership while receiving professional training, networking opportunities, and support. 

Whether you are a future director, a rising leader, or an experienced professional, the AICD Scholarship Program gives you the skills and information you need to succeed in the cutthroat business environment of today. 

Take the first step toward achieving your career goals by learning more about the requirements, deadlines, and selection process.

A description of the AICD scholarships

A non-profit organization called the Australian Institute of Company Directors (AICD) offers directors and other corporate leaders advocacy, education, and training. The AICD offers a variety of scholarships to aid in the professional development of aspiring and seasoned directors and executives as part of its dedication to advancing good governance and leadership practices.

AICD scholarships give participants the chance to advance their leadership, governance, and business management skills and knowledge while also providing financial aid and access to AICD programs and courses. People from many backgrounds and industries, such as not-for-profits, the government, and small to major corporations, are eligible for the scholarships.

The selection process for the AICD scholarships is rigorous and there is fierce competition. However, they offer a special chance for people to grow their careers and meaningfully support their organizations and communities.

Types of AICD scholarships

Scholarship Name	Description
Board Diversity Scholarship	Provides support for individuals from under-represented groups to attend the AICD's flagship courses and programs.
Regional Scholarship	Assists individuals from regional and remote areas to access AICD courses and programs, helping to develop strong leadership and governance skills in regional communities.
Not-for-Profit Scholarship	Designed to support the professional development of individuals working in the not-for-profit sector, providing access to AICD courses and programs tailored to the unique needs of the sector.
Indigenous Scholarship	Offers support for Indigenous Australians to participate in AICD courses and programs, with the aim of improving governance and leadership outcomes for Indigenous organizations and communities. Women's Scholarship Provides financial assistance for women to attend AICD courses and programs, supporting the development of women in leadership and governance roles. Director Pipeline Scholarship Supports the development of emerging directors, providing access to AICD courses and programs to build skills and knowledge in preparation for a director role. Eligibility requirements for AICD scholarships Must be an Australian citizen or permanent resident Must meet the specific eligibility criteria for the scholarship, such as being from a regional or remote area for the Regional Scholarship, or being an Indigenous Australian for the Indigenous Scholarship Must be currently employed or engaged in a role where leadership and governance skills are relevant Must be able to demonstrate a commitment to improving governance and leadership outcomes in their organization or community Must be able to demonstrate financial need, particularly for scholarships that provide financial assistance Must be able to commit to attending the AICD courses or programs associated with the scholarship Must be willing to share their learnings and experiences with their organization or community after completing the scholarship May be subject to additional eligibility requirements specific to each scholarship Check: RNFOO Scholarships for Nursing Students in Canada Benefits of AICD scholarship Access to world-class governance and leadership education and training Opportunities to network and learn from experienced professionals in a range of industries and sectors Increased confidence and skills in governance and leadership Improved career prospects and opportunities for advancement Enhanced credibility and reputation as a leader in your organization or community Opportunities to contribute to the AICD community and share your learnings with others May include financial assistance to support participation in the scholarship program. Please note that this is just an example of some potential benefits, and the actual benefits may vary depending on the specific scholarship and its requirements. Application Process for AICD Scholarships Visit the AICD website and review the available scholarships to determine which one(s) you are eligible to apply for Download and complete the scholarship application form, which is available on the AICD website Prepare any additional documentation required for the scholarship, such as a statement of financial need or a letter of support from your employer or organization Submit your completed application and supporting documents via email or post, as outlined in the scholarship application form Applications are assessed by the AICD and scholarship recipients are notified of the outcome If successful, you will be required to confirm your acceptance of the scholarship and the associated terms and conditions You will then be enrolled in the relevant AICD course or program associated with the scholarship Upon completion of the course or program, you will be required to submit a report outlining your learnings and how you intend to apply them in your organization or community You may also be required to participate in further activities, such as speaking at AICD events or mentoring other scholarship recipients Criteria for AICD Scholarship Selection demonstrated dedication to enhancing the results of leadership and governance in their company or community Financial necessity, especially for scholarships that offer financial aid alignment with the scholarship's unique goals and objectives Relevant professional and executive experience for the scholarship Ability to share knowledge with their organization or community and to contribute to the AICD community demonstrated capacity to incorporate scholarship learnings into their company or community extra factors for selection that are particular to each scholarship Please note that the real criteria may differ based on the particular scholarship and its requirements; this is just an illustration of what they might look like. Frequently Asked Questions (FAQs) What are the eligibility requirements for AICD scholarships? The eligibility requirements for AICD scholarships vary depending on the specific scholarship, but generally include criteria such as professional experience, leadership potential, and financial need. You can find more information on the eligibility requirements for each scholarship on the AICD website. What types of AICD scholarships are available? AICD offers a range of scholarships to support individuals at various stages of their governance and leadership careers. These include scholarships for women, regional and remote leaders, emerging leaders, and more. You can find more information on the types of scholarships available on the AICD website How do I apply for an AICD scholarship? To apply for an AICD scholarship, you will need to download and complete the scholarship application form, which is available on the AICD website. You will also need to prepare any additional documentation required for the scholarship, such as a statement of financial need or a letter of support from your employer or organization. Once your application is complete, you can submit it via email or post, as outlined in the scholarship application form. What are the benefits of receiving an AICD scholarship? The benefits of receiving an AICD scholarship include access to world-class governance and leadership education and training, opportunities to network and learn from experienced professionals in a range of industries and sectors, improved career prospects and opportunities for advancement, enhanced credibility and reputation as a leader in your organization or community, and more. The specific benefits may vary depending on the scholarship and its requirements. When will I know if I have been awarded an AICD scholarship? Applications for AICD scholarships are assessed by the AICD, and scholarship recipients are typically notified of the outcome within a few weeks of the application deadline. If you are successful, you will be required to confirm your acceptance of the scholarship and the associated terms and conditions. Can I apply for multiple AICD scholarships? Yes, you can apply for multiple AICD scholarships as long as you meet the eligibility requirements for each scholarship and complete a separate application for each one. However, it is important to note that you can only receive one AICD scholarship per year. Please be aware that these are merely sample questions and answers; the real questions and answers may change based on the specifics of the scholarship program. Associated Articles  Scholarships from NorQuest for Foreign Students in Canada