La Trobe University's Bendigo campus received the highest number of Destination Australia scholarships from the Federal Government this year.
Deputy Vice-Chancellor Professor Richard Speed said La Trobe received 94 Destination Australia scholarships, the highest of any university in Australia.
"67 of these scholarships were awarded in Bendigo - the largest number of any single campus nationally," Professor Speed said.
The Federal Government is calling on universities and VET providers to apply for funding as part of the next round of scholarships.
An additional 250 scholarships, each worth up to $15,000 a year, are to encourage students to study in regional Australia.
The scholarships assist students to relocate to Bendigo, where they can experience the advantages of its lifestyles and see the industry and employment opportunities on offer, according to Professor Speed.
"We see these scholarships as a great way to bring students to Bendigo," he said.
Senator for Victoria Sarah Henderson said attracting more students to live and study in Victoria will support local businesses and create jobs.
"We all know that Victoria is the best place to live and these scholarships are an opportunity to attract more young people to live and study in our region," Senator Henderson said.
Professor Speed said innovative degrees are part of the drawcard to studying at La Trobe's Bendigo campus.
"The Master of Internet of Things, the Master of ICT and a new suite of business degrees offered for the first time this year in Bendigo helps bring students to Bendigo from outside the area," he said.
Vocational education providers and universities in Victoria can apply to offer the scholarships for students undertaking qualifications from Certificate IV to PhD.
La Trobe University's Bendigo campus remains closed due to COVID-19 restrictions.
Last week, La Trobe's Vice-Chancellor John Dewar told staff via email the institution was facing a shortfall of between $33 million to $63 million in 2020.
Professor Dewar said the university would soon begin asking staff for expressions of interest in voluntary redundancies and pre-retirement contract programs.