The scholarships were awarded to young New Zealand graduates who had the potential to become future leaders in their field.
Mr Barnard has a Bachelor of Engineering with Honours from Massey University.
For 2017 four students had been selected.
The Chairman of the Woolf Fisher Trust, Sir Noel Robinson, said that four of the seven short listed were of such a high and equal standard that the Panel had agreed to offer a scholarship to all four.
Woolf Fisher Scholarship
Sir Woolf Fisher (1912-1975), co-founder of Fisher and Paykel, set up his Trust in 1960 to recognise and reward excellence in education. The Scholarship selects young New Zealanders based on their outstanding academic ability, leadership potential as well as their integrity, vision and capacity for work.