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Funding Levels Available

Grants are made to projects, rather than people, that is they will not be "Scholarships". For B.Sc.(Hons.) and M.Sc. projects, annual grants of up to $5,000 will be made to the Tertiary body responsible for the project - usually a University. Additional funds beyond $5,000 could be provided in exceptional cases, at the discretion of the ASEG Research Foundation.

Grants of up to $10,000 per annum will be made for Ph.D projects.

The funds are used in support of the project, for example, for travel costs, rental of equipment, and similar purposes. Funds must be accounted for and, if not used, should be returned to the ASEG Research Foundation.

 

Source of Funds

The ASEG RF can only carry on its work through generous donations from individuals and companies.

Although it is our aim that the ASEG RF will eventually have a sustainable funding base through interest earned on its capital, we still rely heavily on donations to ensure that we can support four to five worthy projects per year at the B.Sc. or M.Sc. level. We therefore like to encourage individual ASEG members, companies and other Institutions with an interest in exploration geophysics to make a donation to the ASEG RF. We encourage contributions of $5,000 per annum from major companies or lesser amounts from smaller companies, Institutions and individuals. All contributions are fully acknowledged in Preview. Furthermore, since the ASEG RF is an Approved Research Institute, all contributions are fully tax deductible.

The ASEG has provided a significant contribution in the past and we hope will continue to do so in the future. The SEG has also made a contribution and has been invited to do so again.