Applications have opened for the 2020 Murrumbidgee Council Foundation Scholarship, a scholarship which is open to students applying to study or already studying at Charles Sturt University.

Murrumbidgee Council mayor Ruth McRae said the scholarship aims to further the development of locals in the government area through financial support.

"Assisting our local students to obtain a degree at Charles Sturt University is a key part of our role in community development," Councillor McRae said.

"We see it as an extremely important aspect in the development and growth of our residents.

"Support, such as this scholarship, is more important than ever with the financial strain our community is facing from the prolonged drought."

Students who live in the Murrumbidgee government area who will be studying full-time at a CSU campus are eligible to apply for the scholarship, with a preference given to students beginning their first year of study.

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Those interested in applying will need to provide evidence of academic achievement, community involvement and their career goals and aspirations.

Applications for the scholarship are now open and will close on February 20.

To apply for the scholarship or for more information, visit www.study.csu.edu.au and search for 'Murrumbidgee Council Scholarship'.

The scholarship application period comes as another council-run fund closes applications for 2019.

The Murrumbidgee Council Monash Bursary will close applications at 4pm on September 11.

Those interested in applying will need to submit an essay which reflects on principles demonstrated by Sir John Monash.

The bursary is open to residents of the region who are considering entering post-secondary education.