The Trust funds students on courses in medicine, dentistry and veterinary studies, as well as postgraduate degree students from all fields of study. Awards are competitive and made on the basis of academic merit and financial need. All grants are awarded for a full year of academic study and for one year only. Applicants for full time postgraduate degree courses may be supported for up to a maximum of three years, but new applications must be submitted each year. Part-time postgraduate courses can be funded for a maximum of six years, but new applications have to be submitted each year. Grants are generally in the range of 300 and 1000 Pounds Sterling. The intend is to cover the shortfall incurred by educational and subsistence expenses upon payment of tuition fees.
Postgraduate students, or students applying for a place on a postgraduate degree course, must hold a first- or upper 2i honours degree (at least 65%) from a UK institution (or its equivalent from a non-UK institution) or hold a Masters degree from a UK institution, or its overseas equivalent. Before award money can be released, applicants must confirm any other grants obtained, and their amounts. Should a successful applicant have received a major award, or additional money from other granting bodies equivalent to a major award, the grant awarded from the Stapley Trust may be reduced or withdrawn. Students already holding a major award cannot apply.