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Bursary Agreement Form
"I need a Bursary Agreement Form for our university's new scholarship program launching in January 2025, which includes a two-year service bond requirement and covers both local and international students."
1. Parties: Details of the educational institution/funding body and the student receiving the bursary
2. Background: Context of the bursary scheme and its purpose
3. Definitions: Key terms used throughout the agreement
4. Award Details: Specifics of the bursary amount, payment schedule, and duration
5. Eligibility Criteria: Academic and other requirements for maintaining the bursary
6. Terms and Conditions: Core obligations of both parties
7. Termination: Circumstances under which the agreement can be terminated
1. Bond Period: Details of any service commitment required when the bursary includes a service bond requirement
2. Overseas Travel: Restrictions or requirements regarding international travel for full-time students or when bonds are involved
3. Employment Restrictions: Limitations on employment during the study period for full-time study programs
4. Insurance Requirements: Mandatory insurance coverage requirements when specified by the institution
1. Schedule 1 - Payment Schedule: Detailed breakdown of bursary disbursement dates and amounts
2. Schedule 2 - Academic Requirements: Specific GPA or grade requirements and assessment criteria
3. Appendix A - Course Details: Information about the approved course of study
4. Appendix B - Supporting Documents: List of required documentation for verification
5. Appendix C - Bond Terms: Detailed terms of service bond if applicable
Authors
Approved Course
Bond Period
Bursary
Bursary Amount
Business Day
Commencement Date
Course Duration
Default
Educational Institution
Effective Date
Eligibility Criteria
Financial Year
Force Majeure
Governing Law
Grades
Guarantor
Institution Rules
Intellectual Property
Minimum Academic Requirements
Notice
Party/Parties
Payment Schedule
Personal Data
Repayment
Required Documents
Semester
Service Commitment
Sponsor
Student
Study Period
Term
Termination Date
Territory
Academic Requirements
Payment Terms
Eligibility Criteria
Bond Requirements
Service Commitment
Termination
Default and Consequences
Repayment Obligations
Leave of Absence
Overseas Travel
Employment Restrictions
Confidentiality
Personal Data Protection
Representations and Warranties
Force Majeure
Assignment
Variation
Notices
Governing Law
Dispute Resolution
Entire Agreement
Severability
Third Party Rights
Guarantee
Insurance Requirements
Reporting Obligations
Record Keeping
Indemnity
Waiver
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