We know that those with University degrees generally have lower rates of unemployment and lower rates of underemployment across their working lives. Pleasingly, studies also show that senior students are more financially literate than first year students and that higher education has a positive effect on individuals' financial literacy levels, regardless of the discipline in which they undertake their study*. The University of Newcastle is well placed to deliver a Greater Charitable Foundation Equity Scholarships Program. The University is committed to widening participation, promoting diversity and fairness, overcoming injustice and increasing success for all. One of their top strategic priorities is to provide students the opportunity, regardless of background and experiences, to enter university and succeed in an environmentally responsible, safe and accessible environment.
* Gok, I. Y., & Ozkale, A. (2019). Testing the influence of college education on the financial literacy level of university students in turkey. The e - Journal of Business Education & Scholarship of Teaching, 13(1), 46-58.