Aljuboury is in the second year of a Bachelor of Computer Science course and hopes to work in cyber security.
He was selected for demonstrating exceptional ability in computer sciences, as well as his determination to overcome financial challenges.
"The scholarship means I can access the textbooks, software and hardware I need to complete my degree," said Aljuboury. "It's been a huge relief and allows me to focus on my studies."
On graduation he will become the first in his family to obtain a degree.
"This scholarship is intended to inspire outstanding students in their learning and understanding of cybersecurity and the challenges to tackle cyber threats on a national scale," said Macquarie Government managing director Aidan Tudehope.
Tudehope also said "The future of technology and its role in the national economy rests with Adel and his counterparts – it's about the next generation of individuals who will create possibilities we haven't yet considered while defending against the cyber threat," .
"It was only recently that the Australian Cyber Security Centre said it received roughly one cyber breach report every 10 minutes. Without the right people and skills, we simply cannot establish the protocols to protect against malicious activity, nor capitalise on the opportunities brought on by innovation in security, networking and cloud."
He added "With our additional investment in our Macquarie Park data centre and our growing team of cyber engineers, we are keenly aware of Australia's cyber-security skills shortage, and the need to support the development of local cyber skills and sovereign capabilities."
Aljuboury was congratulated by NSW Minister for Customer Service Victor Dominello, who said, "society's widespread reliance on the internet and the rapidly expanding digital landscape of cyber-threats has catapulted cyber-security into the spotlight.
"The vast scope of cyber security attacks on Australian organisations not only requires the right technology, but investment in local talent that will protect our public and private sectors.
"Initiatives like Macquarie's cyber security scholarship through WSU are critical to enable pathways for students to become the nation's future cyber-security leaders."
Macquarie's cyber security scholarship is open to WSU students enrolled in degrees geared towards computer science and cyber-security, and is awarded on the basis of merit and need.
Last year's recipient Rifa Sanzida Ritu recently completed her degree with a distinction average.
"The best thing is that my efforts are being acknowledged. Receiving this scholarship has helped me pursue a career in cyber-security," she said.