SHOFAR CHRISTIAN CHURCH BURSARY AGREEMENT

ENTERED INTO BY AND BETWEEN

SHOFAR CHRISTIAN CHURCH (SOUTH AFRICA) NPO

(hereafter referred to as SHOFAR)

a non-profit organisation (NPO 031-463) and herein represented by:

____________________________________ in his/her capacity as

____________________________________ (duly authorised thereto) of the one part

AND

Full Name: _____________________________________________________

ID Number: _________________________________________________

OF

Address: ___________________________________________________

of the other part

(a South African citizen, hereafter referred to as the STUDENT)

WHEREAS the STUDENT wishes to enrol by means of part-time studies for

Course Description: __________________________________

(hereafter referred to as the COURSE), at the

Institution: __________________________________________________

(hereafter referred to as the INSTITUTION); for the

Year: ____________________________________________________

(hereafter referred to as the ACADEMIC YEAR)

WHEREAS SHOFAR is prepared to pay on the STUDENT’s behalf, within the limits of the bursary awarded for the prescribed minimum duration / prescribed minimum remaining duration of the COURSE where monies are levied per subject for the prescribed necessary subject(s) the tuition, examination and registration fees levied by the INSTITUTION in respect of the course (hereafter referred to as the GRANT AMOUNT) in order to assist the STUDENT financially to continue studies in the COURSE.

NOW THEREFORE THE PARTIES AGREE AS FOLLOWS:

SHOFAR hereby undertakes to award a grant to the STUDENT, for the GRANT AMOUNT of ZAR __________ and the STUDENT hereby accepts this grant subject to the conditions and obligations as stated in this contract.

The GRANT AMOUNT shall be paid out for the prescribed minimum duration/ prescribed minimum remaining duration of the COURSE, provided further, that no obligation shall rest with SHOFAR to award any amount for the years which follow after the prescribed minimum duration / prescribed minimum remaining duration.

SHOFAR shall have the right to reconsider the awarding of the grant on an annual basis, and the STUDENT may apply for a further grant with SHOFAR for the following year upon receipt of a report of satisfactory progress by the STUDENT’s academic supervisor (hereafter referred to as SUPERVISOR).

The maximum period of support is limited to ______________________months.

It is an explicit condition of this agreement that the GRANT AMOUNT shall be paid by SHOFAR only if the STUDENT:

has been admitted for the COURSE by the INSTITUTION;

has been officially registered for the COURSE; and

complies with the conditions of clause 6 below.

The STUDENT undertakes:

to commence with the COURSE as from the ACADEMIC YEAR and take the COURSE part-time and complete all year modules and academic requirements for the successful completion of the enrolled qualification within the INSTITUTION’S prescribed period of completion of the qualification.

to provide SHOFAR with certified copies of the STUDENT’s South African identity document.

to provide SHOFAR with satisfactory proof of enrolment for the COURSE at the beginning of each year of study within 21 days of registration;

not to change from the approved sponsored COURSE or research topic without prior written permission of SHOFAR;

SHOFAR may, if the STUDENT

fails to comply with the stipulations and conditions stated in this agreement; or

in the exclusive opinion of SHOFAR, has not made sufficient progress in the COURSE, or has failed to supply progress reports regularly, or is guilty of misconduct, or should cease studies during any study year, SHOFAR will have the exclusive right to cancel this agreement and withdraw the grant without forfeiting any of SHOFAR’s other rights.

The STUDENT

shall be obliged to repeat and complete successfully at their own expense any subjects which they have outstanding. If the STUDENT does not immediately continue their studies, except where SHOFAR has granted postponement in writing, they shall be deemed to have abandoned the COURSE.

shall be permitted to exceed the prescribed minimum duration / minimum remaining duration of the course by a period as determined by SHOFAR.

shall continue to be subject to the provision of this undertaking during such period of suspension or extension, and

After having completed the COURSE,

the STUDENT shall be under obligation to remain in service continuously for a period of one year for each single year of study or part thereof in respect of which the GRANT AMOUNT was paid to the STUDENT (hereafter referred to as the CONTRACT PERIOD), in the position that the STUDENT was appointed in or which the STUDENT may be transferred to or promoted to.

If the STUDENT fails to comply with the service commitments as provided in clause 9.1 above or is dismissed from service of SHOFAR prior to the expiry of the CONTRACT PERIOD, for whatever reason, the portion of the GRANT AMOUNT in respect of which the STUDENT has not yet repaid service commitment, together with the interest on the said amount, calculated as from the date of such failure or dismissal at the then prevailing interest rate imposed by SHOFAR’s bankers per annum in respect of study loans, shall be due and repayable to SHOFAR .

This agreement does not release the STUDENT from any obligations in terms of any undertaking(s), which he entered into or may enter into with SHOFAR. Period of compulsory service arising as a result of and in terms of more than one bursary and/or grant agreement shall be served consecutively and in the order which such agreement(s) have been / are entered into.

The parties agree that:

a certificate issued by SHOFAR shall be conclusive evidence of the amount due to SHOFAR in terms of this agreement;

the agreement can be amended only with the written approval of both parties; and

irrespective of the amount involved in this agreement, any action arising here may be instituted in a magistrate court in South Africa which has jurisdiction otherwise.

If it should be necessary for SHOFAR to institute legal proceedings for the collection of any amount owing to SHOFAR by the STUDENT under this agreement, the STUDENT and/or his or her legal guardian shall be liable for payment of SHOFAR’s legal costs on a scale of client and attorney.

The STUDENT elects the following address as his domiculium citandi et executandi for the purpose of this agreement:

____________________________

____________________________

____________________________

SIGNED BY THE STUDENT AT ________________________

ON THE _____ DAY OF ____________________ 20______

IN THE PRESENCE OF THE UNDERSIGNED WITNESSES

WITNESSES:	1)	_________________________

2)	_________________________

STUDENT:	_______________________________

_______________________________________________

*PROPERLY ASSISTED IN THIS BY ME AS PARENT/

GUARDIAN OF THE STUDENT

_______________________________________________

*FULL NAME OF PARENT/LEGAL GUARDIAN

ADDRESS:

____________________________

____________________________

____________________________

(* IF UNDER THE AGE OF 21 YEARS)

SIGNED BY THE STUDENT AT ________________________

ON THE _____ DAY OF ____________________ 20______

IN THE PRESENCE OF THE UNDERSIGNED WITNESSES

WITNESSES:	1)	______________________

2)	______________________

SHOFAR AUTHORISED PERSON _____________________________________