Common use of Terms of Conversion Clause in Contracts

Terms of Conversion. A. Following the awarding of any funds to me as a result of my participation in the MTI Scholarship Program, I understand and agree during the award terms to (i) remain enrolled on at least a half-time basis as an undergraduate or graduate student at a qualified Illinois postsecondary institution in a course of study which, upon completion, qualifies me to receive licensure as a preschool, elementary or secondary school teacher by ISBE, including alternative teacher licensure, (ii) earn a cumulative grade point average of 2.5 on a 4.0 scale throughout my postsecondary course of study; and (iii) maintain satisfactory academic progress toward graduation as determined by the postsecondary institution in which I am enrolled. X. Following graduation from my postsecondary course of study, I agree to (i) teach, on a full-time basis, for one year in return for each full year, or portion thereof, of assistance received through this program; (ii) begin teaching within one year following completion of the postsecondary education degree or license program for which the award funds were provided and shall teach on a continuous basis for the required term thereafter;

Terms of Conversion. A. Following the awarding of any funds to me as a result of my participation in the MTI Scholarship Program, I understand and agree during the award terms to (i) remain enrolled on at least a half-time basis as an undergraduate or graduate student at a qualified Illinois postsecondary institution in a course of study which, upon completion, qualifies me to receive licensure as a preschool, elementary or secondary school teacher by ISBE, including alternative teacher licensure, (ii) earn a cumulative grade point average of 2.5 on a 4.0 scale throughout my postsecondary course of study; and (iii) maintain satisfactory academic progress toward graduation as determined by the postsecondary institution in which I am enrolled. X. B. Following graduation from my postsecondary course of study, I agree to (i) teach, on a full-time basis, for one year in return for each full year, or portion thereof, of assistance received through this program; (ii) begin teaching within one year following completion of the postsecondary education degree or license program for which the award funds were provided and shall teach on a continuous basis for the required term thereafter;