Free Scholarship Terms and Conditions Template
Scholarship Terms and Conditions
1. Introduction
Welcome to the [Your Company Name] Scholarship Program. These Terms and Conditions outline the rules, requirements, and responsibilities associated with the [Scholarship Name]. By applying for this scholarship, you agree to comply with the terms and conditions specified herein.
2. Eligibility Criteria
To qualify for the [Scholarship Name] Scholarship, applicants must meet the following criteria:
2.1 Citizenship: Applicants must be legal residents or citizens of [State].
2.2 Academic Standing: Applicants must be currently enrolled in or have been accepted into an accredited institution of higher education.
2.3 Minimum GPA: Applicants must have a minimum Grade Point Average (GPA) of [3.5] on a 4.0 scale.
2.4 Field of Study: The scholarship is available to students pursuing a degree in Engineering.
2.5 Application Deadline: Applications must be submitted by October 25, 2050. Late submissions will not be considered.
3. Application Process
3.1 Submission: Applications must be submitted via the [Your Company Name] Scholarship online portal at [Portal URL] or sent to the following mailing address:
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[Your Company Name]
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[Your Company Address]
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[City, State, ZIP Code]
3.2 Required Documents: Each application must include:
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A completed application form.
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A personal statement or essay of [3,000] words outlining the applicant’s goals, achievements, and why they deserve the scholarship.
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Proof of academic standing, such as recent transcripts or an acceptance letter from the educational institution.
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Two letters of recommendation from individuals who can attest to the applicant’s academic and/or personal achievements.
3.3 Application Fee: There is no fee to apply for this scholarship.
4. Selection Process
4.1 Review: All applications will be reviewed by the [Your Company Name] Scholarship Committee.
4.2 Criteria: The selection process will consider academic achievement, the quality of the personal statement or essay, letters of recommendation, and alignment with the scholarship’s objectives.
4.3 Notification: Scholarship recipients will be notified by November 05, 2050 via Email. If you do not receive a notification by this date, please assume your application was unsuccessful.
5. Scholarship Award
5.1 Amount: The scholarship award is valued at [$25,000] and is intended to support educational expenses.
5.2 Disbursement: The scholarship funds will be disbursed directly to the educational institution. The funds will be applied towards tuition, books, and other necessary educational expenses.
5.3 Use of Funds: Scholarship funds must be used exclusively for educational purposes. Any funds used for non-educational expenses will require repayment to [Your Company Name].
6. Terms of Award
6.1 Maintenance of Eligibility: Scholarship recipients must:
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Maintain a minimum GPA of [3.5] throughout their course of study.
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Remain enrolled in Engineering for the duration of the scholarship.
6.2 Progress Reports: Recipients may be required to submit periodic academic progress reports to [Your Company Name]. These reports should include updated transcripts and a brief description of academic achievements and activities.
6.3 Duration: The scholarship is renewable for up to [1] year, subject to the recipient’s continued eligibility and satisfactory academic performance.
7. Responsibilities
7.1 Accuracy: All information provided in the application must be accurate and complete. Providing false or misleading information will result in disqualification or termination of the scholarship.
7.2 Compliance: Recipients must comply with all scholarship terms and conditions and adhere to the policies of [Your Company Name].
8. Termination and Refunds
8.1 Termination: The scholarship may be terminated if:
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The recipient fails to maintain the required GPA.
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The recipient drops out of their program of study or changes their major to one not covered by the scholarship.
The recipient violates any terms and conditions of the scholarship.
8.2 Refunds: In the event of termination, any unused scholarship funds must be refunded to [Your Company Name]. The refund process must be completed within [30] days of the termination notice.
9. Privacy
9.1 Data Protection: [Your Company Name] is committed to protecting your personal information. All personal data collected during the application process will be used solely for the purposes of scholarship administration and will be managed in accordance with [State] data protection laws. For more information, please review our Privacy Policy at [Privacy Policy URL].
10. Contact Information
For any questions or additional information regarding the [Scholarship Name] Scholarship, please contact:
Email: [Your Company Email]
Phone: [Your Company Number]
Address: [Your Company Address]
By submitting your application, you confirm that you have read, understood, and agree to abide by these Terms and Conditions. We wish you the best of luck with your application.
