Common use of Changes in Employment Status Clause in Contracts

Changes in Employment Status. Any changes in employment status, including voluntary or involuntary job loss, the commencement of a new job, or a change in Disability status, must be reported to Funder as soon as the Student becomes aware of the change. Relevant documentation will be required from the Student, including proof of unemployment benefits or claims, a letter of termination, a revised pay stub or advice, or letters from a doctor affirming the Student is Disabled. Funder will presume that Student has not experienced a change in employment status unless Student provides such documentation.

Changes in Employment Status. Any changes in employment status, including voluntary or involuntary job loss, the commencement of a new job, or a change in Disability status, must be reported to Funder as soon as the Student becomes aware of the change. Relevant documentation will may be required from the Student, including proof of unemployment benefits or claims, a letter of termination, a revised pay stub or advice, or letters from a doctor affirming the Student is Disabled. Funder will presume that Student has not experienced a change in employment status unless Student provides such documentation.