University of New South Wales
UNSW was founded in 1949 and is currently one of the best universities in Australia. It has a capacity of 46,000 students and is located in Kensington, Sydney. The university had a worldwide ranking of 46 in 2010 and is considered to be one of the best institutions of the region.
The university provides education in nine faculties and also receives a large number of grants and endowments from the state.
UNSW also encourages research activities and spends heavily on them. The sum of grants and endowments reached $1.08 billion in the year 2010.
University of Sydney
USYD was founded in 1850 and is the country’s oldest university. It has a total strength of 50,000 students and is the second largest university in Australia. It is located in Darlington, Sydney, and has a worldwide ranking of 37 in the year 2010.
The University of Sydney offers 16 faculties, which is the most offered by any university in the country. USYD is known to offer a large number of scholarships which can go up to $22 million in a year.
The institution also receives one of the highest funds for grants and endowments. The sum totalled $937 million in the year 2010.