Common use of Bursaries Clause in Contracts

Bursaries. 3.1 The Board shall establish an annual bursary fund of $20,000. 3.1.1 Bursaries shall be granted to teachers for credit classes at an accredited post-secondary institution. 3.1.2 The approved bursary shall be $200 per credit unit. 3.1.3 Teachers may apply for payment for any credit units successfully completed. Payment on the first nine (9) credit units per teacher shall be allocated initially. If the requests exceed $20,000, the payments shall be prorated. 3.1.4 Additional credit units taken by teachers beyond nine (9) shall be paid in full or prorated according to the bursary fund balance. 3.1.5 For credit courses successfully completed with 0 credits applied, and equivalent to a credit course of 3 or more credits, teachers may submit a receipt for course registration and may be eligible for the lesser of, $200 per credit unit or the receipted registration cost. 3.2 The teacher shall submit an application for the bursary to the Human Resources Manager by September 1 for credit classes successfully completed while in the employ of the division within the past twelve (12) months. The Human Resources Manager shall notify the teacher of the bursary amount by September 20. 3.3 In the event the Human Resources Manager requests a teacher to complete a credit course between the offer of employment and the employment start date, the teacher may submit for bursary for the successfully completed course. 3.4 The teacher receiving such a bursary shall remain in the employ of the Sun West School Division for at least one (1) academic year immediately following the year in which the credit class was completed. 3.5 Temporary teachers are eligible to apply for bursary funds for credit courses taken and completed while in the employ of the division. The bursary funds payable to the temporary teacher will be further pro-rated based on the number of days the teacher is employed on contract during the school year in which the bursary is paid. 3.6 In the event of default, the teacher shall refund the money received together with interest at the preferred bank lending rate prevailing at the time of the bursary. In the event there is partial compliance, the amount of the refund shall be determined on a pro-rated basis. 3.7 Teachers on education leave shall not access the bursary fund.

Bursaries. 3.1 The Board shall establish an annual bursary fund of $20,000. 3.1.1 Bursaries shall be granted to teachers for credit classes at an accredited post-post- secondary institution. 3.1.2 The approved bursary shall be $200 per credit unit. 3.1.3 Teachers may apply for payment for any credit units successfully completed. Payment on the first nine (9) credit units per teacher shall be allocated initially. If the requests exceed $20,000, the payments shall be prorated. 3.1.4 Additional credit units taken by teachers beyond nine (9) shall be paid in full or prorated according to the bursary fund balance. 3.1.5 For credit courses successfully completed with 0 credits applied, and equivalent to a credit course of 3 or more credits, teachers may submit a receipt for course registration and may be eligible for the lesser of, $200 per credit unit or the receipted registration cost. 3.2 The teacher shall submit an application for the bursary to the Human Resources Manager Supervisor by September 1 for credit classes successfully completed while in the employ of the division within the past twelve (12) months. The Human Resources Manager Supervisor shall notify the teacher of the bursary amount by September 20. 3.3 In the event the Human Resources Manager Supervisor requests a teacher to complete a credit course between the offer of employment and the employment start date, the teacher may submit for bursary for the successfully completed course. 3.4 The teacher receiving such a bursary shall remain in the employ of the Sun West School Division for at least one (1) academic year immediately following the year in which the credit class was completed. 3.5 Temporary teachers are eligible to apply for bursary funds for credit courses taken and completed while in the employ of the division. The bursary funds payable to the temporary teacher will be further pro-rated based on the number of days the teacher is employed on contract during the school year in which the bursary is paid. 3.6 In the event of default, the teacher shall refund the money received together with interest at the preferred bank lending rate prevailing at the time of the bursary. In the event there is partial compliance, the amount of the refund shall be determined on a pro-rated basis. 3.7 3.6 Teachers on education leave shall not access the bursary fund.