The principal grant examination by the University of New Zealand was held in May 1872. After 1962, grants were recompensed by the Universities Entrance Board. The New Zealand Qualifications Authority assumed control over the work of the Universities Entrance Board in 1991.
From 1989 to 2003 grants were honored to the main 3-4% of Bursary understudies. In light of the evacuation of partitioned grant examinations a gathering of educators set up their own grant exam, later turning into the New Zealand Educational Scholarships Trust.
A test capability was proposed in the 1998 Cabinet paper "Capabilities for Young People Aged 16 to 19 Years" and the dialogs that followed presumed that there be an outer examination and that grants be recompensed. New Zealand Scholarship exams began in 2004. It halted its examinations and now gives money related help to understudies learning at NZ colleges.
The 2004 examinations, in accordance with the test, were standard referenced and created some surprising results appropriations. A few audits of the honor and a media and political open deliberation took after. The Scholarship examination was to a great extent patched up. Grants in 2005 were honored to the main three for every penny of test Level 3 competitors in the subject, given that inspectors are fulfilled a commendable standard has been met. Money related honors were rebuilt and credit quality was expelled from the examinations.
The financial recompenses are valid at any New Zealand college, and all with the exception of single subject grants keep going for a long time the length of a "B" normal is kept up. Hopefuls must pick up no less than three grants to be qualified for the Scholarship, Outstanding, and Premier honors. All competitors are qualified for one and only of the accompanying money related grants, with the exception of that up to two single subject recompenses can be honored to an applicant and a victor of a Top Subject Scholar Award who likewise passes a second grant subject is qualified for the extra $500 grant.
The Premier Award is recompensed to the main five to ten competitors who increase three or more grant subjects with no less than three at the exceptional level and is worth $10,000 every year for a long time.
An Outstanding Scholar Award is recompensed to the main 40 to 60 competitors typically around the main 0.3% of the quantity of Level 3 understudies sitting the subject, however more for the less regular subjects who increase three grant subjects with two at extraordinary level or acquire than three grant subjects with no less than one at remarkable level, and is worth $5,000 every year for a long time.
A Scholarship Award is recompensed to all applicants who increase three or more grant subjects and is worth $2,000 every year for a long time.
A Top Subject Scholar Award' is recompensed to applicants who are top of a subject, and did not get one of the above prizes. It is worth $2,000 every year for a long time.
A solitary subject recompense is granted to hopefuls who increase maybe a couple grand subjects and did not best the subject. It is worth $500 per subject for one year as it were.
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