Platinum Asset Management, together with the Neilson Foundation has launched a new $180,000 scholarship program for La Trobe Business School Financial Planning Undergraduates, to be awarded over the next three years.
Second and third year students undertaking a Financial Planning major at La Trobe Business School will be eligible for one of four $15,000 scholarships over the next three years commencing in 2014.
"We see these scholarships as a way of supporting the efforts of the Financial Planning Association to raise educational standards and encourage new talent into the industry", said Ms Liz Norman, Director of Communications and Investor services for Platinum.
La Trobe University is one of only five universities in the country who were successful in securing Platinum Scholarships for students and was one of the first universities to be accredited under the newly established Financial Planning National Accreditation Framework for Australian universities.
Kerr Neilson (pictured on the right), the founder of Platinum Asset Management valued at $2.43 billion on BRW's 2013 Rich 200, is part of a growing trend of high net worth individuals offering major philanthropic gifts towards scholarships in the higher education sector. Collectively Platinum Asset Management, together with the Neilson Foundation are giving $300,000 per year for five years across five selected Australian Universities.
Whilst Financial Planning as a discipline is quite new to La Trobe, the University has experienced significant growth and successes in the field. Students from La Trobe Business School have taken out the top spot in the AMP University National Financial Planning Challenge every year since its inception. Last year La Trobe teams took out four of the top five places in the competition.
Learn more about La Trobe Business School's Scholarships.