Is there a “standard” ACS Foundation WIL scholarship/internship?
Yes – the “standard” ACS Foundation WIL scholarship/internship is a 48-week scholarship, which is taken over 52 weeks to allow for any periods when the student may be absent and still fulfil their obligation to complete the 48 weeks. The normal cost to the donor of this scholarship is $34,000; this amount may vary depending on local conditions and the ability of the donor to fund the scholarship. Normally (as a rule of thumb) the WIL scholarship donor donation would be valued at around $100 -$ 125 per day, the number of days of the scholarship/internship can easily be calculated by dividing the amount the donor is willing to pay by those amounts. For WIL scholarships/internships there is an amount included in the scholarship/internship to meet the associated administration costs, this is normally around 15%.