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EDUCATIONAL SCHOLARSHIPS Introduction The NSW Dental Technicians Registration Board is offering a scholarship to the student who achieves the highest ranking at the conclusion of the Advanced Diploma of Dental Prosthetics course. The grant will be equivalent to 25% of the enrolment fee for the course, presently $7,000, and will be awarded twice annually at the completion of each intake. Purpose of Scholarship To encourage the pursuit of clinical and academic excellence by students undertaking the Advanced Diploma of Dental Prosthetics course conducted by NSW TAFE, by providing an incentive for them to excel in their vocational educational pursuits, thereby enhancing the standard of care they ultimately provide to the public. Terms and Conditions The recipients of the awards will be the students who, according to TAFE NSW, are assessed as the highest ranked graduates of their intakes, subject to those individuals having practised as a student and/or dental technician in New South Wales for a minimum of three years. In the event that the highest ranked student does not satisfy the eligibility criteria, the award will be granted to the next highest ranked eligible student. Students, whose enrolment fees were paid by a sponsor, eg an employer, (other than a service company in which the applicant holds substantial ownership), will not be eligible for the scholarship, unless that payment was a loan that will be repaid to the employer. The Board reserves the right to adjudicate on eligibility, based on the principle that the scholarship is deemed to offset some of the costs incurred personally by the student in meeting his or her educational expenses. Applications The Board invites applications for a scholarship from students who will be undertaking the final semester of their course. Mid-year intake students are required to submit their application to the Board by 31 May, whilst students expecting to graduate at the end of the year must lodge their application with the Board by 30 November. On an application form available from the Board’s website, applicants must provide:
Taxation Implications If the applicant is NOT registered for GST in the capacity for which the scholarship is offered, no GST will be payable on the amount granted. However, where an applicant is NOT registered for GST, he/she may still be subject to Pay As You Go withholding tax at the rate of 48.5% UNLESS he/she provides a completed, signed “Statement by Supplier” form indicating that the payment he/she is to receive is of a private or domestic nature. Statement by a Supplier forms are available on request from the Board’s office. If the applicant is registered for GST in the capacity for which the scholarship is offered, then the obligations he/she enters into will be considered a taxable supply. This means that the recipient will have to pay GST on the scholarship monies he/she receives. Where this is the case, the scholarship will be increased to cover the GST liability. However, the Board will require such scholarship recipients to provide it with a tax invoice or enter into an agreement for the Board to issue a recipient created tax invoice. Provided the applicant has advised the Board of their ABN, there is no requirement for withholding tax to be deducted from their payment. The Board’s contact details are:
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