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Scholarship Agreement
Free scholarship agreement template between a sponsor/donor and a recipient (or the awarding institution), outlining the terms of a scholarship award.
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This free scholarship agreement covers 1. Award, 2. Eligibility Conditions, 3. Disbursement, 4. Renewal (if applicable), 5. Reporting with 15 clearly marked [placeholder] fields to fill in — built for founders, freelancers, and small business owners formalizing a business decision or agreement without paying a lawyer to draft it from scratch. Copy it into your own word processor, fill in the placeholders, and review it — or adapt it — before use. It's part of docstoc's free document template library, alongside business, legal, real estate, finance, and HR templates. Every template here is free to copy with no signup required, and each one carries a plain disclaimer: this is a starting point for informational purposes, not a substitute for advice from a licensed professional in your jurisdiction.
Scholarship Agreement
Sponsor/Donor: [Name/Organization] · Recipient: [Name] · Institution: [School Name, if applicable] Award Amount: [Amount] · Academic Year: [Year]
1. Award
Sponsor awards Recipient a scholarship of [Amount] to support [tuition/education expenses] at [Institution], for the [term/year] specified above.
2. Eligibility Conditions
This award is conditioned on Recipient: [e.g. maintaining full-time enrollment, a minimum GPA of [X], remaining in good academic standing].
3. Disbursement
Funds will be disbursed [directly to the Institution / to Recipient], in [installments/lump sum], per [Schedule].
4. Renewal (if applicable)
[ ] One-time award. [ ] Renewable for [Number] additional years, subject to Recipient continuing to meet the eligibility conditions above and reapplying/reporting as required.
5. Reporting
[If required: Recipient will provide proof of enrollment and/or academic transcripts to Sponsor by [Date] each term.]
6. Use of Funds
Funds must be used solely for [tuition, fees, books, and other qualified education expenses] and not for unrelated personal expenses.
Sponsor: ______________________ Date: ____________ Recipient: ______________________ Date: ____________
*Disbursing scholarship funds directly to the institution (rather than to the student) is common practice specifically because it ensures the money is actually applied to tuition, and it simplifies the tax treatment for the student in many cases.*
Edit directly in the box above. Download PDF anytime — the docstoc.io footer is always included and cannot be removed.
What's included
- Edit online — click the document, fill in placeholders, download a PDF
- 6 standard sections: 1. Award, 2. Eligibility Conditions, 3. Disbursement, 4. Renewal (if applicable), 5. Reporting, 6. Use of Funds
- 15 clearly marked [placeholder] fields for quick personalizing
- Free to use — no account or signup required
- Fully editable — adjust any clause to match your actual situation
- Includes a signature block, ready to print or sign digitally
- Fixed docstoc.io footer on every PDF (not removable)
Who this template is for
Freelancers & solo founders
Handling routine business paperwork without commissioning custom legal drafting for every document.
Small businesses
Standardizing recurring documents — leases, agreements, notices — across a growing operation.
Anyone reviewing before signing
Using a clear starting structure to understand what a document should cover, even if a lawyer finalizes it.
Early-stage businesses
Getting the basics documented before things get more complex.
FAQ
Is this scholarship agreement template really free?
Yes, completely free — view, edit, and download this scholarship agreement as a PDF without creating an account.
What does this scholarship agreement cover?
This business template includes 1. Award, 2. Eligibility Conditions, 3. Disbursement, 4. Renewal (if applicable). Fill in the [bracketed] placeholders, edit any clause online, then download a PDF — the docstoc.io footer stays on every export.
Is this legal advice?
No. This is a general-purpose starting structure, not advice for your specific situation. Business agreements can hinge on details — state of formation, industry-specific regulation, how a dispute would actually play out — that a template can't account for. Have a business attorney review anything that involves real money or real risk before you rely on it.
Can I edit the wording?
Yes — edit directly on the page, adjust any section or clause, and re-fill the 15 placeholder fields to match your situation before downloading a PDF. It's a starting structure, not a rigid script.
Where can I find more free templates like this?
Browse more free business and related document templates in the docstoc library at /document-templates/.
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