SCHOLARSHIP AGREEMENT Control #:_____ KNOW ALL MEN BY THESE PRESENTS: This agreement executed by , a bonafide student of the Panpacific University, hereinafter called the AWARDEE, residing at __________________________________with the written consent of _________________________________________________the student’s PARENT/GUARDIAN, residing at _______________________________________________________both hereinafter referred to as the “AWARDEE”, and the PANPACIFIC UNIVERSITY , with the Principal office at San Vicente, Urdaneta City, Pangasinan, hereinafter referred to as the “GRANTEE.” -WITNESSETH – WHEREAS, the University recognizes and encourages its students to pursue academic excellence; WHEREAS, the University endeavors to assist students with great potential by providing scholarship programs that are designed to support the student and his/her family financially in the quest toward academic excellence. WHEREAS, the University granted the AWARDEE a scholarship of ______ tuition fee discount for the _____ semester of academic year 2022-2023; WHEREFORE, the Parties hereby agree and commit on the following conditions: 1. That it shall be the responsibility of the AWARDEE to: a. Fulfill the requirement specified in Scholarship Manual; b. Report to the respective trainer or coach regularly; c. Show exemplary conduct at all times; d. Maintain the required grade requirements; ● Must have 87 GWA ● No below 85 grade remarks ● Must not have incur a failing grade, NO INC and dropped remarks e. Extend cooperation and support in the implementation of the University’s projects, and its rules and regulations; and f. Have at least one referral for one (1) academic year. 2. That it shall be the responsibility of the AWARDEE to: a. Maintain the herein stipulated scholarship support under the aforementioned conditions; b. Cancel the scholarship grant anytime on the basis of: i. Misrepresentation of the AWARDEE in his/her application for scholarship; ii. Willful violation by the AWARDEE of the rules, regulations, and guidelines of the University; iii Behavior that is unbecoming of a University’s Scholar as determined by competent authorities; and iv Conduct inimical to the interest of the University. 3. That the parties further agree: a. That, a student may avail himself with only ONE scholarship regardless of its source. The Scholarship may be granted by the University, or awarded by an external source applied by the student or through the University. b. That, upon cancellation of the scholarship grant, the AWARDEE shall already pay the full Tuition fee for the semester he/she is enrolling. c. Further, if the AWARDEE intends to transfer to another school, he/she will reimburse the equivalent amount of scholarship that was awarded. Grades and transfer credentials shall be withheld until his/her obligation is settled; d. That the PARENT/GUARDIAN shall assist the AWARDEE in complying with the aforementioned terms and conditions. In witness whereof, we have hereunto set our hands in Urdaneta City this __________ day of __________________ 20 ___________. By the Authority of the President: ___________________________________ Awardee’s Signature over Printed Name _________________________________________ Parent/Guardian’s Signature over Printed Name Admissions and Scholarship PanpacificU-SAS-Form-23--RevisionStatus/Date:03/28October2022