Common use of BURSARY AMOUNT Clause in Contracts

BURSARY AMOUNT. 1.1 The Bursary Amount will be paid as a credit to the Student’s account with that Higher Education Institution, for the academic and residence fees, student levies and other similar costs of pursuing that Course of Study. Payment will be made to the Higher Education Institution as and when ▇▇▇▇▇ decides. 1.2 NSFAS will be entitled, if it so chooses, after this Agreement has been signed but before any part of the Bursary Amount has been paid to the Higher Education Institution, to reduce the Bursary Amount (and amend paragraph 5 of the Schedule of Particulars accordingly). NSFAS will not be obliged to notify the Student of any amendment made in terms of this clause 1.2, other than by recording the outstanding balance of the Bursary Amount from time to time in the statements sent to the Student in terms of clause 6. That reduced amount will constitute the Bursary Amount for the purposes of this Agreement.

BURSARY AMOUNT. 1.1 The Bursary Amount will be paid as a credit to the Student’s 's account with that Higher Education Institution, for the academic and residence fees, student levies and other similar costs of pursuing that Course of Study. Payment will be made to the Higher Education Institution as and when ▇▇▇▇▇ decides. 1.2 NSFAS will be entitled, if it so chooses, after this Agreement has been signed but before any part of the Bursary Amount has been paid to the Higher Education Institution, to reduce the Bursary Amount (and amend paragraph 5 of the Schedule of Particulars accordingly). NSFAS will not be obliged to notify the Student of any amendment made in terms of this clause 1.2, other than by recording the outstanding balance of the Bursary Amount from time to time in the statements sent to the Student in terms of clause 6. That reduced amount will constitute the Bursary Amount for the purposes of this Agreement.

BURSARY AMOUNT. 1.1 The Bursary Amount will be paid as a credit to the Student’s 's account with that Higher Education Institution, for the academic and residence fees, student levies and other similar costs of pursuing that Course of Study. Payment will be made to the Higher Education Institution as and when ▇▇▇▇▇ NSFAS decides. 1.2 NSFAS will be entitled, if it so chooses, after this Agreement has been signed but before any part of the Bursary Amount has been paid to the Higher Education Institution, to reduce the Bursary Amount (and amend paragraph 5 of the Schedule of Particulars accordingly). NSFAS will not be obliged to notify the Student of any amendment made in terms of this clause 1.2, other than by recording the outstanding balance of the Bursary Amount from time to time in the statements sent to the Student in terms of clause 6. That reduced amount will constitute the Bursary Amount for the purposes of this Agreement.