Scholarship Agreement
Educational funding contract defining award amounts, academic requirements, renewal criteria, and recipient obligations. Covers scholarship terms, performance standards, and funding distribution schedules.
Key Clauses
Financial Terms
Specifies principal amounts, interest rates, payment schedules, and financial obligations of each party.
Default and Remedies
Defines events of default and the remedies available to the non-defaulting party.
Representations and Warranties
Contains assurances from each party regarding their authority, financial condition, and compliance.
Security and Collateral
Describes any collateral pledged to secure obligations under the agreement.
Regulatory Compliance
Ensures the transaction complies with applicable financial regulations and reporting requirements.
Use This Template
When You Need This
- High school graduate receiving merit-based scholarship for academic achievement
- College athlete receiving sports scholarship for athletic participation
- Graduate student awarded research fellowship for academic work
- Minority student receiving diversity scholarship for higher education