AICD Scholarship Program 2023-2024: How To Apply

The AICD Scholarship Program is now accepting applications for the next academic year. Discover how to apply for this highly coveted program and receive expert training, networking opportunities, and support to advance your career in governance and leadership. 

Whether you are an aspiring director, an emerging leader, or a seasoned professional, the AICD Scholarship Program provides you with the tools and knowledge to succeed in today's competitive business landscape. 

Find out more about eligibility criteria, application deadlines, and selection process and take the first step towards achieving your career goals

AICD Scholarship Program 2023-2024: How To Apply

Introduction to AICD scholarships

The Australian Institute of Company Directors (AICD) is a not-for-profit organization that provides education, training, and advocacy for directors and leaders in the corporate sector. As part of its commitment to promoting good governance and leadership practices, the AICD offers a range of scholarships to support the development of aspiring and established directors and executives.

AICD scholarships provide financial assistance and access to AICD programs and courses, giving recipients the opportunity to enhance their skills and knowledge in leadership, governance, and business management. The scholarships are open to individuals from diverse backgrounds and sectors, including not-for-profit organizations, government, and small to large businesses.

The AICD scholarships are highly competitive, and the selection process is rigorous. However, they provide a unique opportunity for individuals to advance their careers and contribute to their organizations and communities in meaningful ways

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

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

  1. Visit the AICD website and review the available scholarships to determine which one(s) you are eligible to apply for
  2. Download and complete the scholarship application form, which is available on the AICD website
  3. 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
  4. Submit your completed application and supporting documents via email or post, as outlined in the scholarship application form
  5. Applications are assessed by the AICD and scholarship recipients are notified of the outcome
  6. If successful, you will be required to confirm your acceptance of the scholarship and the associated terms and conditions
  7. You will then be enrolled in the relevant AICD course or program associated with the scholarship
  8. 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
  9. You may also be required to participate in further activities, such as speaking at AICD events or mentoring other scholarship recipients

Selection Criteria for AICD Scholarships

  • Demonstrated commitment to improving governance and leadership outcomes in their organization or community
  • Financial need, particularly for scholarships that provide financial assistance
  • Alignment with the specific aims and objectives of the scholarship
  • Professional and leadership experience relevant to the scholarship
  • Capacity to contribute to the AICD community and share learnings with their organization or community
  • Demonstrated ability to apply learnings from the scholarship to their organization or community
  • May be subject to additional selection criteria specific to each scholarship
Please note that this is just an example of what the selection criteria may look like, and the actual criteria may vary depending on the specific scholarship and its requirements.

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 note that these are just example FAQs, and the actual FAQs may vary depending on the scholarship program and its requirements.

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