It will be offered annually to a student studying publishing at a tertiary level and chosen on the basis of financial need. It will be awarded for the first time in 2010.
The Mason Publishing Trust might also from time to time be able to provide financial assistance to other initiatives in publishing training or education.
The trustees will be working with Diploma in Publishing staff at the Whitireia Community Polytechnic and with BPANZ to finalise details and draw up terms and conditions.
Andrew Mason was Literary Editor of the Listener from 1981 to 1991, worked as an editor for Bridget Williams Books to 1996 and in recent years as a freelance editor.