Scholarship agreement template

Organization name (the "Organization") awards the Scholarship name to Recipient name (the "Recipient") on the terms of this Scholarship Agreement, dated Agreement date.

1. The award

The scholarship is Award amount for the Academic year academic year, paid Payment schedule directly to School name (the "School") and credited to the Recipient's student account. The Organization pays the School, not the Recipient, unless it agrees otherwise in writing.

2. Conditions

To receive each payment, the Recipient must:

• Be enrolled Enrollment status required at the School in a program leading to a degree, diploma or certificate.
• Keep a grade point average of at least Minimum GPA and remain in good academic and disciplinary standing.
• Study Field of study, if the scholarship is limited to a field.

3. Proof of enrollment and grades

The Recipient will send proof of enrollment by Enrollment proof due and an unofficial transcript within Days after term for transcript days after each term ends.

The Recipient authorizes the School to disclose their enrollment status, credit hours, grades and grade point average to the Organization, for the sole purpose of confirming eligibility for this scholarship, for as long as the scholarship lasts. The School may also ask the Recipient to sign its own release form.

4. Renewal

The scholarship may be renewed for up to Years renewable more years, if the Recipient meets the conditions in section 2 and returns a short renewal form by Renewal deadline each year. Renewal also depends on the Organization having funds available, and each renewal is confirmed in writing.

5. Changes in enrollment

The Recipient will tell the Organization within Days to report changes days of withdrawing, transferring, taking a leave of absence or dropping below the required enrollment. Any unused amount the School refunds goes back to the Organization. The Organization will decide, in fairness to the Recipient, whether payments may continue at a new school or after a leave.

6. Taxes

Scholarship money used for tuition, required fees, and books and supplies a course requires is generally not taxable for a degree candidate. Amounts used for room, board, travel or optional items can be taxable income. The Organization doesn't give tax advice, and the Recipient will keep their own records and ask a tax adviser if unsure.

7. No service in return

This scholarship is a gift for education. It does not make the Recipient an employee of the Organization, and the Recipient owes no work or service in return.

8. Announcements and thank-you

The Organization may announce the Recipient's name, hometown and School as a scholarship winner. It may also share the Recipient's photo and story in its newsletter, website and social media if the Recipient ticks here: I agree. The Recipient will write a short thank-you letter to the scholarship's donors by Thank-you letter due.

9. Ending the scholarship

The Organization may stop future payments if the Recipient no longer meets the conditions, after giving written notice and a chance to explain. If the scholarship was won using false information, the Recipient will repay the amounts already paid.

10. General terms

This Agreement is governed by the laws of the state of State. It is the whole agreement about the scholarship, and electronic signatures on it count as originals.

Recipient contact details

Student ID number: Student ID Phone: Recipient phone Email: Recipient email

Permanent mailing address: Permanent address

I accept this scholarship on these terms, the information in my application was true, and I authorize the release of records described in section 3.