Stipend Funds. Subject to the availability of State funding, Contractor shall receive a maximum of TEN THOUSAND DOLLARS ($10,000) per fiscal year for the Stipend Fund expenditures and administrative costs. At the end of each fiscal year any unexpended funds remaining with Contractor shall be returned to County. Contractor shall invoice the County monthly for such services.
Stipend Funds. GRDC will not pay any additional Stipend Funds, including any Leave of the Recipient. GRDC will however honour all conditions set out in the Commonwealth Scholarships Guidelines (Research) 2017 as amended from time to time and any conditions of the scholarship in respect of the Recipient as set by the Research Organisation.
