If you are searching for Australian Scholarships Group, you may be looking for information about ASG, education savings, scholarship opportunities, or ways to reduce the cost of education in Australia. The name is particularly important because the organization historically known as Australian Scholarships Group (ASG) has evolved and now operates as Futurity Investment Group.

At the same time, the phrase “Australian Scholarships Group” can also be used by people searching generally for scholarship opportunities in Australia. Australia has a large range of scholarships, grants and bursaries offered by universities, the Australian Government, private organization’s and other education providers.

This guide explains what Australian Scholarships Group refers to, how ASG relates to education funding, the difference between ASG and Australian university scholarships, and where students can find legitimate scholarship opportunities.

Important: Scholarship conditions, eligibility rules, application dates and available funding can change. Always confirm current details with the official organization, university or Australian Government source before making financial or study decisions.

What Is Australian Scholarships Group?

Australian Scholarships Group, commonly abbreviated as ASG, is an organization that has historically focused on helping Australian families prepare financially for education.

ASG was established in 1974 and has supported families with education-related financial planning for many years. The organization is now known as Futurity Investment Group. Its official website explains that Futurity was formerly Australian Scholarships Group Friendly Society Limited and continues to focus on education and financial solutions.

This distinction is important for anyone searching online for “Australian Scholarships Group.”

The term does not automatically refer to one government scholarship that international students can apply for. Instead, ASG has historically been associated with education investment and scholarship plans designed to help families prepare for future education costs.

Therefore, students looking for university scholarships should also explore Australia’s official scholarship databases and the scholarship pages of individual universities.

Is Australian Scholarships Group Still Operating?

The Australian Government’s ABN Lookup database lists an active business name for Australian Scholarships Group and an active entity associated with Australian Scholarships Group Friendly Society Limited.

Futurity’s official information identifies the organization as the former Australian Scholarships Group Friendly Society Limited. This means that people searching for older ASG information may encounter historical pages, references to ASG Scholarship Plans, or information that uses the former name.

For the most current information about the organization’s products and services, readers should use Futurity’s official website rather than relying on old third-party articles.

Australian Scholarships Group vs Australian Government Scholarships

One of the biggest sources of confusion is the difference between the Australian Scholarships Group and scholarships offered by the Australian Government.

These are not the same thing.

The Australian Government supports a broad scholarship system for domestic and international students. According to Study Australia, scholarships, grants and bursaries can be offered by the Australian Government, universities, education providers, public organizations and private organizations.

Some major categories include:

Australia Awards Scholarships
Research Training Program scholarships
University-specific scholarships
International student scholarships
Regional study scholarships
Research scholarships
Private and charitable scholarships

The Australian Scholarships Group, on the other hand, has historically focused on education funding and financial planning for families.

Understanding this difference can help applicants avoid applying to the wrong organization or expecting an ASG education plan to function like a university scholarship.

What Scholarships Are Available in Australia?

Australia offers a wide variety of scholarship opportunities for students at different levels of education.

The Australian Government’s official Study Australia website provides a scholarship search service covering opportunities across different fields and levels of study. The current search database lists more than 1,000 scholarship opportunities, although the number and availability can change over time.

Students may find scholarships for:

Undergraduate Study

Undergraduate scholarships can help eligible students reduce tuition costs or receive financial support while studying for a bachelor’s degree.

Eligibility may depend on academic performance, nationality, chosen course, leadership experience, financial circumstances or other criteria.

Postgraduate Study

Master’s and postgraduate scholarships are available from universities, governments and other organizations.

Some may provide partial tuition assistance, while others can offer more substantial financial support.

PhD and Research Study

Australia is particularly attractive for research students because eligible universities participate in research funding programs.

The Research Training Program (RTP) supports domestic and international students undertaking eligible research master’s and doctoral degrees at participating Australian universities. Universities manage applications and scholarship offers.

Depending on the university and award, support can include a tuition fee offset, stipend and certain allowances.

Scholarships for International Students

International students can access a range of scholarships, although eligibility varies significantly.

Study Australia explains that international scholarships can come from the Australian Government, universities and other organizations.

Students should carefully check nationality requirements before investing time in an application.

Australia Awards Scholarships

One of Australia’s best-known international scholarship programs is the Australia Awards Scholarships program.

Australia Awards Scholarships are government-funded opportunities intended for eligible students from selected developing countries. The program focuses on education, professional development, leadership and development outcomes.

Study Australia describes the program as highly competitive and designed to help scholars develop skills and knowledge that can contribute to development in their home countries.

The program is therefore different from the Australian Scholarships Group.

If you see an online article using “Australian Scholarships Group” and suggesting that ASG is the organization responsible for Australia Awards, check the information carefully. They are separate organizations and programs.

Research Training Program Scholarships

Students planning to pursue a research master’s degree or PhD should investigate the Australian Government’s Research Training Program.

The RTP provides funding to eligible Australian universities to support higher-degree research students. International students can be eligible, although universities determine their own selection and application processes within the relevant rules.

Potential support can include:

Tuition fee offsets
Living stipends
Research-related allowances
Other approved forms of assistance

Not every university offers identical RTP opportunities, so prospective students should contact the graduate research or postgraduate research office at the institution they are considering.

University Scholarships in Australia

Australian universities are another major source of scholarship opportunities.

Many universities offer scholarships based on factors such as:

Academic achievement
Leadership
Research potential
Financial need
Sporting achievement
Community involvement
Country of citizenship
Field of study
Previous qualifications

Some scholarships are automatic, meaning eligible students are considered after submitting an admission application.

Others require a separate scholarship application.

This is why applicants should carefully read each scholarship’s official requirements rather than assuming every award follows the same process.

How to Find Australian Scholarships

Finding legitimate scholarships requires research.

A good starting point is the official Study Australia scholarship search platform. It allows prospective students to explore scholarships by areas such as accounting, engineering, health, nursing, information technology, science, medicine, business and other fields.

Students can also:

Visit the official website of their preferred university.
Search the university’s international scholarship page.
Check postgraduate research scholarship information.
Review Australian Government scholarship programs.
Check eligibility requirements.
Confirm application deadlines.
Read scholarship terms carefully.
Apply through the official application channel.

The Australian Government also recommends that students discuss scholarship options with their education provider’s admissions team or international office.

How to Apply for Scholarships in Australia

There is no single application process for every Australian scholarship.

Each scholarship provider establishes its own requirements.

However, many applications follow a similar structure.

Step 1: Choose Your Course

Start by identifying the degree or qualification you want to study.

Consider the subject, university, location, duration and entry requirements.

Step 2: Check Scholarship Eligibility

Before preparing an application, determine whether you meet the scholarship requirements.

Pay attention to:

Citizenship
Academic qualifications
English-language requirements
Course level
Age requirements, where applicable
Work experience
Research experience
Leadership requirements
Financial circumstances
Application deadlines

Step 3: Prepare Your Documents

Common scholarship documents may include:

Academic transcripts
Degree certificates
Curriculum vitae
Personal statement
Scholarship essay
Research proposal for PhD applications
Recommendation letters
Proof of English proficiency, where required
Identification documents
Evidence of relevant employment or professional experience

The exact documents vary between scholarships.

Step 4: Write a Strong Personal Statement

A personal statement should explain why you are a suitable candidate.

Instead of simply saying that you need money for education, explain your academic goals, professional plans and how the scholarship could support your objectives.

For competitive awards, applicants should demonstrate evidence of achievements rather than relying on general statements.

Step 5: Submit Before the Deadline

Late applications are commonly rejected unless the scholarship provider explicitly allows them.

Do not wait until the final day if you can avoid it.

Technical problems, missing documents or time-zone differences can create unnecessary risks.

Tips for Winning an Australian Scholarship

Scholarships can be highly competitive, so applicants should approach the process strategically.

1. Apply for Multiple Opportunities

Do not depend on a single scholarship.

Research several awards for which you are genuinely eligible.

However, quality is more important than submitting applications that do not meet the requirements.

2. Read the Requirements Carefully

A strong academic record does not automatically make someone eligible.

Some scholarships are restricted by nationality, course, university, study level or career field.

3. Highlight Measurable Achievements

Instead of writing:

“I am a hardworking student.”

Consider providing evidence of your achievements, such as academic results, research projects, leadership activities, community work or professional accomplishments.

4. Tailor Each Application

Avoid sending exactly the same personal statement to every scholarship provider.

Your statement should address the specific objectives of the scholarship.

5. Proofread Your Application

Spelling and grammar errors can weaken an otherwise strong application.

Ask a trusted teacher, lecturer, mentor or professional colleague to review important documents where possible.

Can Nigerian Students Apply for Australian Scholarships?

Some Australian scholarships are available to Nigerian students, but eligibility depends on the specific scholarship.

International scholarship programs may have lists of eligible countries, and not every program accepts applications from every nationality.

Nigerian students should therefore avoid assuming that a scholarship advertised as “Australian scholarship” is automatically open to applicants from Nigeria.

For each opportunity, check:

Eligible countries
Degree level
Participating institutions
Field of study
English-language requirements
Work experience requirements
Application deadline
Scholarship benefits
Return-home requirements, where applicable

For government-funded opportunities, use official Australian Government sources whenever possible.

Are Australian Scholarships Fully Funded?

Some scholarships can provide extensive financial support, but not every Australian scholarship is fully funded.

Depending on the program, financial assistance may cover one or more of the following:

Tuition fees
Living expenses
Travel costs
Health insurance
Research expenses
Accommodation
Study materials
Establishment allowances

Other scholarships may simply provide a tuition discount or a fixed financial award.

Applicants should never assume that a scholarship covers every cost unless the official scholarship conditions explicitly say so.

What Does “Fully Funded” Really Mean?

The phrase “fully funded” is widely used online, but it does not always mean that every personal expense will be paid.

For example, a scholarship may cover tuition and provide a living stipend but not cover every optional expense.

Always read the official terms and conditions.

How to Avoid Australian Scholarship Scams

Scholarship scams can target students who are searching for financial assistance.

Be cautious if someone promises a guaranteed scholarship in exchange for a large upfront payment.

Warning signs include:

Guaranteed scholarship claims
Requests for unusual payments
Pressure to act immediately
Requests for banking passwords
Fake government branding
Unverified social media accounts
Poorly written application websites
Requests to pay someone to “secure” a scholarship
Claims that everyone qualifies
Requests for sensitive information before verification

A legitimate scholarship provider should provide clear information about eligibility, application procedures and official contact details.

When possible, navigate directly to the university or government website rather than clicking suspicious links shared through social media.

Australian Scholarships Group and Education Planning

For families searching specifically for Australian Scholarships Group, it is important to understand that ASG’s historical role is different from that of a conventional university scholarship office.

Futurity Investment Group explains that the organization was formerly known as Australian Scholarships Group Friendly Society Limited and provides education-focused financial solutions.

Families considering an education financial product should therefore review the current product information, fees, conditions and financial advice provided by the organization.

This is different from searching for a competitive scholarship to fund a university degree.

Frequently Asked Questions About Australian Scholarships Group

What is Australian Scholarships Group?

Australian Scholarships Group, commonly called ASG, is the former name associated with an Australian education-focused financial organization that now operates as Futurity Investment Group.

Is Australian Scholarships Group the same as Australia Awards?

No. Australian Scholarships Group and Australia Awards are separate.

Australia Awards is an Australian Government international scholarship program for eligible applicants from selected countries.

Is ASG a university?

No. Australian Scholarships Group is not an Australian university.

Students seeking university scholarships should search individual university websites and the official Study Australia scholarship database.

Can international students apply for Australian scholarships?

Yes, some Australian scholarships are available to international students. However, eligibility varies by scholarship, nationality, course and education provider.

Are Australian scholarships free?

Scholarships generally do not require students to repay the scholarship award, but conditions vary. Some scholarships cover tuition, some provide stipends and others provide partial financial assistance.

Always check the official terms.

Can I get a full scholarship in Australia?

Some scholarships provide substantial or comprehensive funding, but they are usually competitive and have specific eligibility criteria.

A scholarship should not be described as fully funded unless the official provider confirms what expenses are covered.

Final Thoughts

The keyword Australian Scholarships Group can lead people to two different areas: the organisation historically known as ASG, now operating as Futurity Investment Group, and the broader search for scholarship opportunities in Australia.

Understanding the distinction is essential.

If you are researching ASG specifically, use current information from Futurity Investment Group and review the terms of any education-related financial product carefully.

If your goal is to study in Australia with financial assistance, broaden your search beyond ASG. Australia has scholarships offered by the Australian Government, universities, research institutions and other organisations. The official Study Australia scholarship search is a useful starting point, while individual universities can provide additional opportunities.

For research students, the Research Training Program may also be worth investigating because participating Australian universities can provide support for eligible research master’s and doctoral students.

Most importantly, never rely solely on third-party scholarship lists. Confirm eligibility, benefits, deadlines and application instructions through the official scholarship provider.

With careful research and a well-prepared application, students can identify legitimate opportunities and make a realistic plan for financing their education in Australia.

Australian Scholarships Group: Complete Guide to ASG, Scholarships and Education Funding in Australia