The Australian Veterans' Children Assistance Trust (AVCAT) is a national independent charity administering tertiary scholarships to the children and grandchildren of ex-servicemen and women helping them to a better future through higher education. Scholarship recipients come from all over Australia and study an enormous variety of courses. AVCAT administer about 70 scholarships a year for the Department of Veterans' Affairs as well as various ex-service organisations (for example RSL and Legacy).
Scholarship selection is open to children and in some cases grandchildren of a veteran and is based on need and merit. Applicants can be high-school leavers starting university or current university students and eligible for Youth Allowance hence studying full time.
Scholarships are generally paid for three years and are between $3,000 and $4,000 per year.
For more information please visit the AVCAT website at: http://www.avcat.org.au/ 
Applications for 2013 closed on 31 October 2012. AVCAT is currently taking expressions of interest for 2013.