The Skyrail Rainforest Foundation is providing students with the opportunity to access up to $5,000 for PhD and masters projects, and up to $2,000 for honours projects.
Students are now invited to submit applications for funding consideration; projects with a focus on critical conservation issues and endangered species will be viewed favourably.
Max Shepherd, a director of the Skyrail Rainforest Foundation, said the Foundation was pleased to make funding available for student rainforest research.
"The Foundation looks forward to providing students with the means and opportunity to contribute to rainforest research, and ultimately improve community understanding and appreciation of the world's tropical rainforests," Mr Shepherd said.
To be considered for funding, projects must be compatible with the Foundation's vision: 'the protection of tropical rainforests worldwide through sound management, understanding and appreciation through research and education'.
Organisations or individuals are invited to submit applications to be considered for this funding opportunity. The closing date for the present round of submissions is Friday 16th May 2008.
This is the second time the Foundation has offered student funding opportunities. Last year, the Skyrail Rainforest Foundation provided $25,000 to support several student research projects.
One of the 2007 funding recipients, PhD student Robert Puschendorf, highlighted of the importance of Foundation funding.
"It's great to receive support from the Skyrail Rainforest Foundation; having the resources available to complete my PhD is critical not only for my studies, but also in discovering new things about frog communities in the rainforest," Mr Puschendorf said.
The Skyrail Rainforest Foundation was established in 2005 with the primary objective of raising and distributing funds to support tropical rainforest research and education projects. Since then, the Foundation has contributed over $105,000 towards these aims. This support was made possible thanks to the generosity of the tourism industry and Skyrail Rainforest Foundation members.
To assist with the preparation of submissions, a Skyrail Rainforest Foundation 'Guidelines: Applications for Funding Students' document is available upon application. To receive a copy, please contact the Skyrail Rainforest Foundation on email or phone (07) 4031 2977.
Applications will be reviewed and assessed by the Skyrail Rainforest Foundation's Public Fund Management Committee, which has representatives from Skyrail Rainforest Cableway, James Cook University, the Environmental Protection Agency and the Commonwealth Scientific and Industrial Research Organisation.
Pictures are courtesy of the Wet Tropics Management Authority and Michael Trenerry.