The Pinnacle Foundation has been established to provide scholarships and mentorship to lesbian, gay, bisexual and transgender youth who are marginalised or disadvantaged because of their sexual orientation, gender identity and/or gender expression.
With financial support and vocational mentoring, The Pinnacle Foundation aims to encourage achievements in higher education and training, nurturing the next generation of leaders of the LGBT community.
Studies must be undertaken at a public or private secondary school, or public institutioin of higher education in Australia. It will be for the purpose of gaining an educational or vocational qualification in any profession, trade or the arts. The grant will sit alongside and complement other government funding rather than duplicate it.
The scholarship will cover such vital needs as the cost of tuition fees or dues to an approved educational institution, a laptop, textbooks and uniforms. The scholarship is not designed to support expenses such as pocket money, travel to and from the educational establishment, or other personal expenses not directly related to their studies.
Scholarships will be granted for one year. However, an existing scholarship holder is entitled to reapply for the scholarship should they comply with the goals enshrined in The Pinnacle Foundation's policies.
For further information please visit http://www.thepinnaclefoundation.org/ 
Applications closed on 15 October 2012.