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Bursary Agreement Form

Bursary Agreement Form Template for Singapore

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Key Requirements PROMPT example:

Bursary Agreement Form

"I need a Bursary Agreement Form for our university's new scholarship program launching in January 2025, which includes a two-year service bond requirement and covers both local and international students."

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What is a Bursary Agreement Form?

The Bursary Agreement Form is a critical document in Singapore's educational landscape, used when financial assistance is provided to students based on merit, need, or both. This agreement defines the relationship between educational institutions or sponsors and students receiving financial support. It typically includes details about award amounts, disbursement schedules, academic requirements, and any bond conditions. Under Singapore jurisdiction, these agreements must comply with various regulations including the Education Act, Contract Law, and Personal Data Protection Act. The document serves as a legal safeguard for both parties and ensures clear understanding of responsibilities and obligations.

What sections should be included in a Bursary Agreement Form?

1. Parties: Details of the educational institution/funding body and the student receiving the bursary

2. Background: Context of the bursary scheme and its purpose

3. Definitions: Key terms used throughout the agreement

4. Award Details: Specifics of the bursary amount, payment schedule, and duration

5. Eligibility Criteria: Academic and other requirements for maintaining the bursary

6. Terms and Conditions: Core obligations of both parties

7. Termination: Circumstances under which the agreement can be terminated

What sections are optional to include in a Bursary Agreement Form?

1. Bond Period: Details of any service commitment required when the bursary includes a service bond requirement

2. Overseas Travel: Restrictions or requirements regarding international travel for full-time students or when bonds are involved

3. Employment Restrictions: Limitations on employment during the study period for full-time study programs

4. Insurance Requirements: Mandatory insurance coverage requirements when specified by the institution

What schedules should be included in a Bursary Agreement Form?

1. Schedule 1 - Payment Schedule: Detailed breakdown of bursary disbursement dates and amounts

2. Schedule 2 - Academic Requirements: Specific GPA or grade requirements and assessment criteria

3. Appendix A - Course Details: Information about the approved course of study

4. Appendix B - Supporting Documents: List of required documentation for verification

5. Appendix C - Bond Terms: Detailed terms of service bond if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions


































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Industries

Education Act (Chapter 87): Primary legislation governing education in Singapore, providing framework for educational institutions and funding

Private Education Act: Regulates private education institutions and their operations in Singapore

Skills Development Levy Act: Governs the collection and usage of skills development levies for training and education

Financial Procedures Act: Controls and regulates the receipt, custody, and expenditure of public monies and public property

Government Grants and Subsidies: Regulations governing the administration and disbursement of government funding and subsidies

Contract Law: Common law principles governing formation and enforcement of contracts in Singapore

Electronic Transactions Act: Provides legal framework for electronic signatures and digital contracts

Employment Act: Main labor law governing employment terms and conditions, relevant for bond requirements

Employment of Foreign Manpower Act: Regulates employment of foreign workers, relevant if bursary extends to international students

Personal Data Protection Act 2012: Governs collection, use, and disclosure of personal data in Singapore

Protection from Harassment Act: Provides protection against harassment and improper behavior in contractual relationships

Singapore Constitution Article 12: Constitutional provision ensuring equal protection and preventing discrimination

Fair Consideration Framework: Guidelines ensuring fair employment practices and opportunities

MOE Guidelines: Ministry of Education specific guidelines for bursary administration

Moneylenders Act: Regulates lending practices and debt collection in Singapore

Civil Law Act: Provides framework for civil proceedings and remedies in case of contract breach

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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