Bursaries boost for students.
Mr Wallace, one of three students to receive pounds 1,000 in backing, follows in the footsteps of his sister Kate, who also won a bursary to study at Harper Adams University College in Shropshire.
The former Haydon Bridge High School pupil, whose family farm at Gapshield Farm at Brampton, Cumbria, will take a four-year degree in rural enterprise and land management.
Tynedale Agricultural Society (TAS), which runs the annual May bank holiday show, also awarded pounds 1,000 bursaries to Edward Dungait from Morpeth and Mark Carrington from Hexham.
Mr Carrington, whose father is large animal vet Iain, will study a foundation degree in agriculture, while Mr Dungait will take agriculture.
They will both join Mr Wallace at Harper Adams.
The bursaries are part of pounds 18,000 in charitable donations to be allocated this year.
TAS, which attracted a record 28,625 visitors to this year's show in Corbridge, is still inviting applications for support from deserving causes.
The deadline for applications is November 12 and interested organisations can contact show secretary Gaynor Shotton by calling 01434 604216 or emailing firstname.lastname@example.org
FUNDS BOOST Matt Wallace, Edward Dungait and Mark Carrington who each received a pounds 1,000 bursary from Northumberland County Show