One full academic Governors' External Bermudian Scholarship will be awarded to an external Bermudian Year 4 student entering Warwick Academy in Year 5. The Scholarship shall be worth the full annual tuition for a particular year, available annually, for nine years, to the top scoring external Year 4 student entering Warwick Academy in Year 5. The general policy in awarding the external Governors' Scholarship shall be "to assist children in the public school system who wish to attend Warwick Academy to be able to do so". The successful candidate for the Governors' Scholarship will be chosen based on achieving the highest score in the entrance screening process as well as meeting all other requirements for acceptance to Warwick Academy. The successful candidate must also have been studying in the public school system in Bermuda for at least 3 academic years.

All students awarded Governors' Scholarships must maintain good academic, efforts and behavioural standards in order to have their awards renewed. 

One full academic Governors' Internal Scholarship will be awarded to an internal Year 4 student entering Warwick Academy Year 5. The Scholarship shall be worth the full annual tuition for a particular year, available annually, for nine years, to the top scoring internal Year 4 student entering Year 5. The successful candidate for the Governors' Scholarship will be chosen based on the highest end of year attainment grades as well as showing all the characteristics inherent to the ethos of Warwick Academy.

All students awarded Governors' Scholarships must maintain good academic, efforts and behavioural standards in order to have their awards renewed. 

One Governors' Bursary will be awarded to a Bermudian Year 4 student, internal or external, entering Warwick Academy Year 5. The bursary shall be worth full annual tuition for a particular year, available annually, for nine years. Families must complete the bursary application if they wish to be considered for this award. The successful candidate for the Governors' Bursary will be chosen based on the scores they achieve in the entrance screening process or, for internal students, their end of year attainment grades, although that will not be the sole criteria; the Bursary will be awarded from amongst the highest scoring candidates who also demonstrate the greatest financial need.

All students awarded a Governors' Bursary must maintain good academic and behavioural standards in order to have their awards renewed. They must also demonstrate ongoing financial need by completing the Financial Aid application form annually.

Should no eligible applicants entering Year 5 be suitable to receive a Governors' Bursary, then the bursary funds could be applied to eligible applicants in other year groups.

These Sixth Form Scholarships will be awarded to internal Year 11 students entering Warwick Academy Year 12. These Scholarships range from $2,000 to $10,500 available annually, for two years, to the top scoring internal Year 11 students based on mock IGCSE exam results. The successful candidates must also show all the characteristics inherent to the ethos of Warwick Academy.

Sixth Form Scholarships will be awarded to external Year 11 students entering Warwick Academy for the Sixth Form (Years 12 & 13). There are a number of scholarships ranging from $1,000 - $3,000 per year over the 2 years. The successful candidates will be academically strong, well-rounded individuals and must also show all the characteristics inherent to the ethos of Warwick Academy. All students awarded a Sixth Form Scholarships must maintain good academic and behavioural standards in order to have their awards renewed.