Scholarship Fund Agreement Clause Samples
Scholarship Fund Agreement. The Scholarship Fund Agreement shall be prepared by the Intermediate Body. It shall be signed by the NCU on the Hungarian side and by the SDC on the Swiss side. The content of the Scholarship Fund Agreement shall include inter alia: – Objectives of the Scholarship Fund; – Detailed listing of costs eligible for financing; – Organisational structure, roles and responsibilities; – Procedures; – Budget and financial planning; – Audit procedures; – Monitoring and steering; – Reporting.
Scholarship Fund Agreement. Community philanthropy center. 7
Scholarship Fund Agreement. The Scholarship Fund Agreement shall be prepared by the Intermediate Body. It shall be signed by the NCU and the Ministry of Education and Science as the Intermediary institution on the Lithuanian side and by the SDC and the Intermediary institution (to be named later) on the Swiss side. The content of the Scholarship Fund Agreement shall include inter alia: - Objectives of the Scholarship Fund; - Detailed listing of costs eligible for financing; - Organisational structure, roles and responsibilities; - Procedures; - Budget and financial planning; - Audit procedures; - Monitoring and steering; - Reporting. The Swiss institution assigned as Intermediate Body will present narrative and financial reports to both parties. Commitment, expenses have to be included in the NCU annual report as well as comments related to the achievement of the purpose of the scholarship fund.