Non Profit Sponsorship Agreement Terms and ConditionsNon Profit Sponsorship Agreement • May 17th, 2021
After a sponsorship authorization and agreement, ABT considers its financial relationship with the student ended for the term specified in the agreement, and all financial liability of the sponsored student transferred to the sponsor. Consequently, ABT considers any financial or conditional arrangements made between the student and the sponsor to be between the sponsor and the student, with no bearing on the liability the sponsor has to ABT. Therefore, any obligations not fulfilled by the student to the sponsor including, but not limited to, non-completion or failure of classes, will have no alleviating effects on the sponsor’s liability to ABT. Furthermore, ABT encourages the sponsor to carefully consider and evaluate the student’s commitment and trustworthiness before extending a sponsorship to the student.
