In Australia, the Australian Scholarships Group (ASG) is the biggest supplier of educational scholarship programs. Since its founding, more than 520,000 children have benefited from the support of their educational journeys, and over $2.5 billion has been distributed to members.
Learn how to apply below:
🕐 When is the deadline for applications?
Varies by specific scholarship or plan. ASG does not operate traditional scholarships with a single deadline but rather offers education investment plans and funds that are available year-round.
🎓 Describe the award to me:
ASG (now Futurity) is not a scholarship provider in the conventional sense. Instead, it offers education investment bonds, which are tax-effective, long-term financial products designed to help families save for education expenses from early learning through to tertiary education. It also runs the NEiTA Awards, which provide grants and recognition to outstanding teachers.
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📘 Which fields qualify?
Funds can be used across all levels and fields of education, including:
- Early childhood
- Primary and secondary schooling
- Vocational training
- University and post-secondary education
📌 The type:
- Investment-based education funds (not merit or need-based scholarships)
- Grants and awards (NEiTA) for educators
🧑💼 Who is eligible to apply?
- Parents, guardians, or individuals wishing to invest in a child’s (or their own) education
- For NEiTA: Teachers in Australia or New Zealand may be nominated
🔍 How Do They Choose Applicants?
For investment plans:
- No selection criteria – you enroll as a member and make financial contributions
For NEiTA awards: - Nominations are assessed based on the teacher’s impact, innovation, and community involvement
🌍 Which nations are qualified?
- Australia and New Zealand residents
📍 Where will the prize be accepted?
- Education funds can be used for approved educational institutions in Australia and globally, depending on the plan’s terms
- NEiTA grants are applicable for professional development in education sector
🏅 How Many Honors?
- Over 550,000 children have benefited since 1974
- More than 1,050 teachers have received NEiTA awards
- Specific numbers vary year-to-year
💰 What Advantage Does the Award Offer?
- Tax-effective savings for education
- Helps families plan for and cover rising education costs
- NEiTA awards offer grants, prizes, and recognition for teachers
⏳ What’s the Duration of the Award?
- Investment funds: Ongoing; depends on how long contributions are made and how funds are used
- NEiTA teacher awards: One-time recognition, with potential for follow-up grants or endowments
📝 How do I Apply?
For education funds:
- Visit Futurity’s website
- Choose a suitable Education Bond product
- Enroll and begin making regular contributions
For NEiTA awards:
- Visit https://asg.com.au/about-us
- Nominate a teacher during the open nomination period
- Submit the required documentation and nomination details
🌐 Visit the Award Webpage for Details:
- Futurity (formerly ASG): https://www.futurityinvest.com.au
- NEiTA Awards: https://www.neita.com
Australian Scholarships Group (ASG) / Futurity Investment Group – FAQs
1. What is the Australian Scholarships Group (ASG)?
The Australian Scholarships Group, now called Futurity Investment Group, is a member-owned financial institution that offers education savings plans to help families financially prepare for their children’s education.
2. What is the ASG Education Fund?
The ASG Education Fund is a managed savings plan that allows members to contribute funds over time to help cover future education costs, from early learning through to post-secondary education.
3. Is the Australian Scholarships Group now Futurity?
Yes. ASG rebranded to Futurity Investment Group in 2020. It continues to offer similar education-focused financial products and services under the new brand.
4. How do I log into my ASG or Futurity account?
- Visit: https://login.futurityinvest.com.au
- Enter your member number and password
- You can also access your account using the Futurity ASG Login portal via the official website.
5. What are the benefits of joining ASG/Futurity?
Members can benefit from:
- Long-term education savings and investment growth
- Potential scholarship payments
- Tax-effective education funding
- Support for school fees, university costs, and special education needs
6. How do ASG Scholarship Benefit Payments work?
If eligible, families may receive education benefit payments once the child reaches a certain stage of schooling or enrollment in tertiary education. Payments are usually made upon submission of documentation like proof of enrollment or tuition receipts.
7. How do I contact the Australian Scholarships Group / Futurity?
You can reach customer support via:
- 📞 Phone: 1300 345 456 (within Australia)
- 🌐 Website Contact Form: https://www.futurityinvest.com.au/contact-us
- ✉️ Email: Available through the website contact form
8. Is the ASG Group open now?
Futurity Investment Group has standard business hours (Monday to Friday, typically 9 AM–5 PM AEST). You can also manage your account 24/7 via the online portal.
9. Who can become an ASG/Futurity member?
Anyone—parents, guardians, or family members—can open a plan for a child or beneficiary. ASG also offers options for non-residents (e.g., ASG NRI plans) under specific conditions.
