The Cambridge Australia Trust awards a number of named scholarships each year.

They have been made possible by the generosity of Dr Orde Poynton, the principal benefactor; Mr Charles Allen for the Bragg scholarship; Professor Henry Bennett for the R.A. Fisher scholarship; the Barbara Fulton endowment scholarship; the Kater family scholarship; Mr Patrick Moore for the coursework master's scholarship; Professor Peter and Dr Barbara Treacy for the Oliphant scholarship; the members of the Western Australian legal profession who contributed to the F. A. Downing scholarship; and the many individual alumni who contribute to the Alumni Scholarship.