Applications open: 2022/23 tertiary scholarship

Jade Truck Loans focuses on easing the burden of costs on truck owners and operators through cheaper Truck loan interest rate. But we also extend that cost-easing support to tertiary students through a tertiary scholarship program which is the initiative of our partner business, Jade Finance Australia.

Just as truck and transport operators face rising operational costs, students are also facing rising course costs and the challenge of earning an income while completing their studies. This initiative aims to address this issue for students while at the same time nurturing the development of innovative and creative ideas. Jade Truck Loans announces the launch of the 2022/23 Jade Finance Tertiary Scholarship which offers up to $5000 in an award to a full time or part time student.

The scholarship program for the 2022-2023 period has been extended to encompass not just university students, but also students enrolled in various tertiary education institutions on either a full-time or part-time basis. This inclusive approach extends to recognized higher education colleges, universities, TAFE, and similar establishments.

Despite our primary business focus being finance and loans, this scholarship opportunity is open to students pursuing studies across a wide spectrum of disciplines. Fields of study can range from economics and finance to engineering, IT, medical sciences, law, humanities, trades, construction, and many more. Any student meeting the eligibility criteria is encouraged to submit an application, irrespective of their chosen field of study.

The application includes an essay or paper which is the student’s original work, on an issue or topic with relevance to our key focus of lending and finance. Beyond that general theme, applicants can explore a plethora of avenues, approaches and angles. Our objective is to unlock those innovative minds and provide a channel to express ideas and start conversations. Presenting concepts and strategies which may be seen as advancements and developments in the current way the finance sector operates.

Do you know a student that might fit that description? Possibly a child, a sibling, family member, friend? Then consider the details and share the information and how to apply.

Scholarship Information

The tertiary scholarship has some basic guidelines as criteria for the application which need to be adhered to. They include:-

• Currently studying at a recognised Australian tertiary education provider with one year of study completed.
• Part-time or full-time students are eligible.
• All faculties and fields of training and study are included.
• The application comprises an 800 word essay of original work by the applicant.
• The essay to be on an issue or topic of the applicant’s choice, with connection or relevance to the Australian lending and finance sector.
• Applications will judged by a panel of finance professionals.
• The winner of the award will be the submission which most impresses the judges.
• The award is an amount of up to $5000 paid to the applicant’s bank account and as a contribution to the study-related expenses.
• 18 July 2023 is the closing date for applications with the winner finalised by 31 July 2023.

Written Response Inspiration and Suggestions

Where to start with the written response? The choice of issues and topics is virtually endless in the current business and economic environment. Depending on the area of study or the general interests of the applicant, they may canvass ideas spanning many areas and present their insights and innovative ideas for improvement.

Ideas may be drawn from developments in the tech sector. While Fintechs have emerged recently and companies such as Jade Truck Loans has been involved in online finance service delivery for many years, new tech is constantly being developed. Develop those ideas of how it can be utilised to the betterment and advantage of lenders or customers and submit an application.

Regulation in the finance sector is always of significance. Whether its moves for greater protection for consumers under ASIC regulations or further deregulation of the finance markets. What’s your point of view?

Interest rates are key to finance and the fluctuations over the past few years with RBA decisions in response to the pandemic, global impacts and inflation place monetary policy front and centre. Is there a conversation to be had around a more effective way for monetary and fiscal policy to interact?

The domain of climate policy and carbon emissions reduction holds paramount importance for the transport industry. Manufacturers channel resources into research and development to create more environmentally compliant vehicles, while governments actively promote the adoption of electric vehicles (EVs) among truck and car drivers. However, given that the costs associated with EVs often exceed those of traditional fuel-powered vehicles, a pertinent question arises: Is there a potential for lenders, especially those specializing in Commercial Heavy Vehicle & Truck Loans, to play an expanded role in furthering these sustainability endeavours?

These are just a few suggestions and you may find more inspiration in our news and tips library

Applications Open Now!

We see this as a great opportunity and we hope many will share this information with their staff and colleagues. Check out the details and start the application today.

Jade Truck Loans.

DISCLAIMER: THIS INFORMATION IS ISSUED PURELY FOR THE PURPOSE OF GENERAL INFORMATION PROVISION. IT IS NOT TO BE TAKEN AS THE ONLY SOURCE OF INFORMATION FOR BASING FINANCIAL DECISION-MAKING. THOSE REQUIRING FINANCIAL GUIDANCE AND ADVICE SHOULD CONSULT WITH THEIR FINANCIAL CONSULTANT OR ADVISOR. NO LIABILITY IS ACCEPTED FOR ANY MISREPRESENTATION OF POLICIES, DATA OR ERRORS IN THIS CONTENT.