In 2022 the scholarship will be paid in the form of a rental subsidy for either:
- a medium studio apartment at Journal Student Living Uni Place on Leicester St, Carlton worth $25,428 (2022 figures). After the subsidy, successful recipients will be required to pay rent of $244.50 per week for 52 weeks, a total of $12,714.
- a medium studio apartment at Journal Student Living Central on Swanston St, Melbourne worth $26,468 (2022 figures). After the subsidy, successful recipients will be required to pay rent of $254.50 per week for 52 weeks, a total of $13,234
This scholarship is for one year only. Students may be able to continue to live at Journal but will not be eligible for another accommodation scholarship after their scholarship has finished.