"We aim to make a meaningful difference in the lives of local teens through this scholarship," Ms Waddle said.
Tikipunga High School principal Alec Solomon said a scholarship like this makes a huge difference to the students.
"We have been lucky enough to have two students experience the Spirit of Adventure programme and for both it has opened their eyes to new possibilities."
The Spirit of New Zealand is in Whangarei harbour with Ship Repair NZ for her annual refit.
The ship's master, Gerard Prendeville, said, "The long standing relationship with the shipyard along with their breadth of trades, carpentry and engineering skills and knowledge of the ship makes this the ideal location to bring her for refit."
Mitre 10 is a New Zealand co-operative with 82 locally owned and operated stores nationwide that employ close to 5000 team members combined.