Scholarship Terms and Conditions
1. Purpose of Scholarship
The Viewpoint Community Foundation Scholarship is intended to provide financial assistance to students facing financial challenges. Recipients are expected to utilize the funds solely for educational purposes, including tuition, fees, and necessary educational materials.
2. Eligibility Requirements
Scholarship recipients must maintain the eligibility criteria established during the application process, including:
• Enrollment in an accredited educational institution.
• A minimum GPA (if applicable) as stated in the scholarship offer.
3. Conditions for Continuation of Scholarship
• Academic Performance:
Recipients must maintain a minimum GPA of [insert GPA requirement] or equivalent academic standing as defined by their institution.
• Enrollment Status:
Recipients must remain enrolled in their educational program. Any change in enrollment status (e.g., part-time to full-time, withdrawal) must be reported immediately.
• Use of Funds:
Scholarship funds must be used for approved educational expenses. Recipients must provide receipts or documentation for expenditures upon request.
4. Grounds for Termination of Scholarship
The scholarship may be terminated under the following conditions:
• Failure to Maintain Eligibility:
If a recipient fails to meet the academic performance requirements or becomes ineligible for enrollment.
• Misuse of Funds:
If scholarship funds are used for purposes other than approved educational expenses, including but not limited to personal expenses, non-educational travel, or entertainment.
• Providing False Information:
If it is discovered that the recipient provided false or misleading information during the application process.
• Behavioural Issues:
If the recipient engages in conduct that is deemed unacceptable by the scholarship committee or their educational institution, including academic dishonesty or violations of the institution’s code of conduct.
5. Disbursement of Funds
Scholarship funds will be disbursed based on the following conditions:
• Timely Submission of Required Documentation:
Recipients must submit all required documents (e.g., enrollment verification, GPA reports) by the specified deadlines.
• Approval of Budget Plan:
Recipients must submit a budget plan outlining the intended use of scholarship funds for approval by the Viewpoint Community Foundation.
6. Right to Review and Appeal
Scholarship recipients have the right to appeal any decisions regarding scholarship termination. Appeals must be submitted in writing within _________________ of notification of termination.
7. Agreement
By accepting the scholarship, recipients acknowledge and agree to adhere to these terms and conditions.