Support for RV Buyers and Now Support for Tertiary Students

Jade Caravan Finance provides support for RV buyers with the best secured caravan finances.  But many may not be aware that we also facilitate support for tertiary students through our associated business, Jade Finance Australia. Support for tertiary students is made possible by way of a $5,000 scholarship from Jade Finance Australia in conjunction with Jade Caravan Finance.

The 2022/23 scholarship has launched and applications are now open. The scope of the scholarship is broad in both the students eligible to apply and in the content of the application submission. To apply for this support for tertiary students, applicants submit an 800-word, original written response with relevance to the finance and lender sector. The choice of topic is completely left to the individual applicant as with this scholarship the objective is to nurture original and innovative thought.

Applicants are strongly urged to draw on knowledge acquired and on their own initiatives to develop innovative and exciting ideas and approaches. The response that most impresses the judging panel of finance experts will be awarded up to a $ 5,000 scholarship towards study expenditure. With fees for many courses increasing and the general costs of living skyrocketing, such an award will be highly valued by many students, both part-time and full-time.

While finance may be considered a topic exclusive to certain courses, this scholarship is open to students in all fields of tertiary study, subject to the criteria. Students may be studying at TAFE, university, college or another higher education establishment. As long as it is a recognised Australian education provider, the student may be eligible.

If you know a student who fits the profile, why not share the link with all the details and this article with additional ideas of what to consider covering in the written submission.

Tertiary Student Support Scholarship

The official application form and details on the criteria for eligibility are available on the Jade Finance website. The key points are essentially:- the scholarship is open to part-time and to full-time students; one year of study is completed and enrolment in the course is current and continuing; study at a recognised Australian education provider; original written response comprising approximately 800 words to be submitted; topic of choice with relevance to the lending industry.

Applications must be received by the deadline of July 18^th 2023. The winning application will be decided by 31^st July 2023. The scholarship award comprises an amount of up to $5000 towards the costs of study.

Written Response Overview

The approach we’ve taken with the written component of the application allows for a great range of ideas to be canvassed around the general theme of finance and lending. Students in many courses, faculties and study areas can submit their take on what they consider could be improved from many angles.

The role of the RBA was cast heavily into the spotlight during the pandemic and into 2022 with historic rate cuts followed by numerous rate hikes as inflation soared. This quite historic scenario, given the circumstances, could present an interesting range of issues to be discussed.

Also significant and worth considering could be the role of government and regulatory bodies in lending. Consumer finance is regulated by ASIC but business finance is not as heavily regulated. Is there too much or too little regulation? Should the lender or the borrower take responsibility? Is there too much or too little protection for both or either party?

The structure and format of finance and loan products may also spark interest. Are the current products still fit for purpose in a contemporary business environment? Many loan products still have the same structure that was established a very long time ago. Is there a more innovative format?

The digital environment has facilitated convenience for both borrowers and lenders. But it has also created vulnerabilities through potential cybercrime. Where should responsibility for this lie? Are there possible solutions through the further use of technology or should some paper-based methods be reinstated?

Climate policy and reducing carbon emissions is a major priority for many people on a global scale. Some lenders have moved to introduce ‘green finance’ options and support for those purchasing EVs and other alternative fuel equipment and vehicles. But how can this be further developed?

These are just a few musings to get the thought process started. Students can explore a vast range of issues in preparing their responses.

Share the Opportunity

Jade Caravan Finance is established on a business model for saving customers time and money with cheaper caravan interest rates. Through this sponsorship award as part of our community support program, we aim to assist students to save on their costs.

We trust you will share this information with education providers, teachers, lecturers, tutors and students to ensure as many as possible have the opportunity to participate.

Jade Caravan Finance, supporting RV buyers and students

DISCLAIMER: THE DETAILS AND INFORMATION IN THIS CONTENT ARE PREPARED AND PRESENTED PURELY FOR INFORMATION AND NOT INTENDED IN ANY WAY AS THE SOLE SOURCE OF FINANCIAL ADVICE FOR CARAVAN PURCHASING. IF ADDITIONAL FINANCIAL ADVICE IS REQUIRED, READERS SHOULD REFER TO A FINANCIAL ADVISOR. NO LIABILITY IS ACCEPTED FOR ANY ERRORS, PRODUCT DESCRIPTION VARIATIONS, OR OTHER MISREPRESENTATIONS OF INFORMATION AS PRESENTED.