The Tuition Grant Agreement serves as a crucial document in the Philippine education system, particularly in implementing student financial assistance programs under RA 10931 and related education laws. This agreement is typically used when an institution, organization, or government body provides financial support for a student's education. The document outlines the grant amount, duration, covered expenses, and conditions for maintaining the grant, including academic performance requirements. It includes specific provisions required under Philippine law regarding data privacy, consumer protection, and financial regulations. The agreement is essential for both private and public educational institutions, ensuring clear understanding of rights and obligations between the grantor and grantee, while maintaining compliance with local education and financial assistance regulations.
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1. Parties: Identification of the grantor (funding institution/organization) and the grantee (student), including complete legal names and addresses
2. Background: Context of the agreement, including the purpose of the grant program and its general objectives
3. Definitions: Definitions of key terms used throughout the agreement, including 'Tuition Grant', 'Academic Year', 'Course of Study', etc.
4. Grant Details: Specific details of the grant including amount, duration, and what expenses it covers
5. Academic Requirements: Minimum academic performance standards and course requirements that the student must maintain
6. Disbursement Terms: Schedule and method of grant disbursement, including any conditions precedent
7. Grantee Obligations: Specific obligations of the student, including maintaining enrollment, submitting progress reports, etc.
8. Termination and Repayment: Circumstances under which the grant may be terminated and any repayment obligations
9. Representations and Warranties: Statements of fact and promises made by both parties
10. Data Privacy and Confidentiality: Terms regarding the handling of personal information in compliance with the Data Privacy Act
11. Governing Law: Specification that the agreement is governed by Philippine law
12. Execution: Signature blocks and execution requirements
1. Service Obligation: Required when the grant comes with post-graduation service requirements, such as working in specific sectors or regions
2. Parent/Guardian Guarantee: Required when the student is a minor or when additional financial security is needed
3. Employment Terms: Include when the grant is tied to future employment with specific organizations
4. Insurance Requirements: Include when the grantor requires the student to maintain specific insurance coverage
5. Intellectual Property Rights: Include when the grant involves research or creative work that may generate IP
6. International Travel/Study: Required when the grant includes provisions for overseas study or exchanges
1. Schedule A - Grant Payment Schedule: Detailed breakdown of grant amounts and payment dates
2. Schedule B - Academic Program Details: Specific details of the approved course of study, including duration and key milestones
3. Schedule C - Required Documentation: List of documents required for grant activation and continued disbursement
4. Schedule D - Performance Metrics: Detailed academic performance requirements and evaluation criteria
5. Appendix 1 - Code of Conduct: Standard behavioral expectations for grant recipients
6. Appendix 2 - Reporting Requirements: Templates and schedules for required progress reports
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Financial Services
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Non-Profit
Corporate Training
Healthcare Education
Technical Education
Relevant Teams
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Finance
Academic Affairs
Student Services
Compliance
Administrative Services
Admissions
Financial Aid
Corporate Relations
Risk Management
Relevant Roles
Education Administrator
Financial Aid Officer
Legal Counsel
Compliance Officer
Student Affairs Director
Admissions Officer
Finance Manager
Education Program Coordinator
Scholarship Coordinator
Grants Manager
Academic Affairs Director
Corporate Training Manager
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