Scholarship details

Study levels

Undergraduate and Research

Student type

Future students and Current students

Study area

Business and Law and justice


Australian or New Zealand

What you'll receive

The Brian Gray Scholarship program will fund up to four scholarships annually, to the value of $15,000 each

Under this scholarship program, you'll devote a substantial amount of time to an agreed research topic and present your findings to APRA on completion of your research. You may also gain valuable work experience with APRA during your final year of study.


If you are a full-time honours year or PhD student studying a topic of relevance to prudential supervision and are an Australian or New Zealand citizen or permanent resident you are eligible to apply. Postgraduate students may also apply.

Eligible subject areas include:

  • banking
  • insurance and superannuation (particularly the prudential supervision and financial soundness of these industries)
  • econometrics
  • statistical studies.

If you are or have participated in other scholarship programs funded or partly funded by APRA you are ineligible to apply.

APRA also takes into account the relevance of the proposed research to APRA's mission; as well as our assessment of your potential to become a successful scholar or practitioner in academic or professional areas relevant to APRA.

How to apply

Applications are to be submitted via an online application process. This will require you to complete an application form including academic details, work experience, extra-curricular activities, an outline of your proposed research and its relevance to APRA, and two written references. The written references will need to be attached to the application form and so you may need to scan hard copies for this process.

For further information including this year's open and closing date, visit APRA or email

About the scholarship

The Brian Gray Scholarship program provides up to four scholarships valued at $15,000 each to support students in finance, economics, actuarial science, econometrics, statistics or related disciplines who intend to focus full-time on their studies and research. The scholarship also provides the opportunity to devote time to an agreed research topic benefiting, where possible, from access to Australian Prudential Regulation Authority (APRA) expertise and data. Scholarship holders may also be able to gain valuable work experience with APRA during their final year of study. The Australian Prudential Regulation Authority (APRA) and the Reserve Bank of Australia have established the Brian Gray Scholarship in memory of Brian Gray, who died on 24 August 2001 while serving as Executive General Manager of APRA’s Policy, Research and Consulting Division.

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