The full cost of engaging a PhD student intern starts at $20,000 for a 3-month internship.
This includes a monthly stipend for the student.
4-month internship – $23,000
5-month internship – $26,000
6-month internship – $29,000
* All prices exclude GST
Businesses in the following sectors may be eligible for internship subsidies through our program partners:
These lower the cost of an internship by up to 50%.
Eligible Defence businesses in VIC and WA can access a $10,000 subsidy through our partnerships with the VIC Defence Science Institute (DSI) and the WA Defence Science Centre (DSC). This brings down the cost of a 3-month internship to $10,000.
Food & Agribusiness
Eligible food & agribusinesses can access up to $5,000 in funding support through our partnership with Food Innovation Australia Limited (FIAL). This brings down the cost of a 3-month internship to $15,000.
Eligible manufacturing businesses can access a subsidy covering 50% of the cost of a 3-6 month internship through our partnership with the Innovative Manufacturing CRC (IMCRC). This brings down the cost of a 3-month placement to just $10,000.
MedTech, BioTech & Pharma
Eligible businesses within the medtech, biotech & pharma sector can access a $10,000 subsidy through our partnership with MTPConnect REDI. This brings down the cost of a 3-month internship to $10,000.