The Australian Postgraduate Awards (APA) was a scholarship, founded by the Australian Federal Government, designed to support postgraduate research training, which was awarded to students of "exceptional research potential".[1] The allocation each tertiary institution received was based in part on its overall research performance.
The grant of the award was very competitive and based on the student achieving a minimum of first class honours or equivalent.
In 2013 a full-time APA recipient received a stipend of A$24,653, and a part-time student A$12,326.[1] The scholarship was tax-free, and indexed annually. The stipend is provided for two years for a masters student, and three years for a PhD student, with a possibility of a six-month extension.
[1] "Archived copy". Archived from the original on 13 April 2012. Retrieved 31 March 2012. Wikipedia.