Common use of Tuition Waiver/Teaching Obligation Clause in Contracts

Tuition Waiver/Teaching Obligation. I understand that the assistance provided through the Special Education Teacher Tuition Waiver Program (“SETTW” Program) is in the form of an institutional waiver of tuition and mandatory fees assessed as a result of my enrollment in eligible coursework at a qualifying postsecondary institution. The waiver shall be considered to have the monetary value of any and all tuition and mandatory fees that the postsecondary institution would otherwise assess for enrollment in such eligible coursework. The waiver shall be valid for up to four continuous years from the date of issuance unless I have been granted a leave of absence as described in this Note and so long as I pursue an initial special education professional educator license at an approved postsecondary institution. Such tuition waiver will expire upon receipt of my initial Special Education professional educator license. In consideration of this waiver, I agree to teach in a special education discipline on a full-time basis at a nonprofit Illinois public, private or parochial preschool, elementary or secondary school beginning within one year and continue teaching for at least two of the five years immediately following graduation or termination of enrollment in a teacher education program. A failure to complete this teaching obligation or to maintain eligibility for the SETTW Program, as described in this Note, shall result in a conversion of the awarded funds into a loan as described herein.

Tuition Waiver/Teaching Obligation. I understand that the assistance provided through the Special Education Teacher Tuition Waiver Program (“SETTW” Program) is in the form of an institutional waiver of tuition and mandatory fees assessed as a result of my enrollment in eligible coursework at a qualifying postsecondary institution. The waiver shall be considered to have the monetary value of any and all tuition and mandatory fees that the postsecondary institution would otherwise assess for enrollment in such eligible coursework. The waiver shall be valid for up to four continuous years from the date of issuance unless I have been granted a leave of absence as described in this Note and so long as I pursue an initial special education professional educator license at an approved postsecondary institution. Such tuition waiver will expire upon receipt of my initial Special Education professional educator license. In consideration of this waiver, I agree to teach in a special education discipline on a full-time basis at a nonprofit ILLINOIS STUDENT ASSISTANCE COMMISSION ILLINOIS SPECIAL EDUCATION TEACHER TUITION WAIVER PROGRAM MASTER PROMISSORY NOTE – TERMS AND CONDITIONS Illinois public, private or parochial preschool, elementary or secondary school beginning within one year and continue teaching for at least two of the five years immediately following graduation or termination of enrollment in a teacher education program. A failure to complete this teaching obligation or to maintain eligibility for the SETTW Program, as described in this Note, shall result in a conversion of the awarded funds into a loan as described herein.