Crappy why monash?
And nah no scholarship. At least I don't think so (I'm not home, I'm on a holiday). The thing is, there is no estimate cutt-off mark for the monash course so I take back what I said, it might be a problem :p
I'm a bit reluctant to go with melbourne because I'm scared there will be too little engineering and also because entry into the masters isn't guarenteed. However, I love Melbourne's setting and feel, and prestige. Then there's Monash who impressed me with their engineering facilities. But I've heard that a double degree is quite demanding.
Oh and travel time doesn't bother me. Melbourne is easily accessed by public transport in <1 hour. I would get to Monash by car, and on a normal day it would take 20 mins, but taking morning traffic into account...yeah, longer.