Rocket Lab scholars must have a strong connection to the Māhia and wider Wairoa District, demonstrate an interest in science, technology or engineering and be involved in cultural, community or leadership activities.
"Growing New Zealand's STEM talent pool is something I'm very passionate about," Rocket Lab Founder and chief executive Peter Beck said.
"New Zealand is a global leader in space, innovation and technology, and Rocket Lab is proud to support students from Māhia and Wairoa to play an increasing role in that international success."
Last year's inaugural scholarship was awarded to Māhia local Arianna Ormond.
Ormond, who is studying a Bachelor of Computing and Mathematical Sciences at Waikato University, said the scholarship has given her the freedom to focus entirely on her studies.
"The Rocket Lab scholarship has been a huge help," she said.
"These days the first year of university is free, but there are still many other expenses involved with leaving home to attend university in another city.
"I was able to put the first year's scholarship fees towards accommodation costs, allowing me to focus on study. I'm looking forward to working closely with the Rocket Lab team for mentoring, as I progress my studies and work towards a career in artificial intelligence."
Her university grades have since helped her to land an internship with Code Avengers, an educational tech company that teaches people the skills to build websites and apps.
Applications for the Rocket Lab scholarship close on October 30, 2018 for the 2019 tertiary study year.
To apply visit:
https://www.rocketlabusa.com/careers/scholarships/