Terms and Conditions – Gottstein Forest Industry Scholarship

Contract

The award of a Gottstein Forest Industry Scholarship is subject to the Scholar agreeing to be bound by
terms and conditions laid down in a contract document signed between the Gottstein Trust and the
Scholar.

Obligation of the Gottstein Scholar

The Gottstein Scholar is required to:

  • be formally enrolled and registered in a complying area of study including a Bachelor Degree, a¬†Graduate Diploma, Masters Degree or PhD Program in forest science or wood science
  • provide certified copies of academic records necessary to advise the Trust for payment purposes
  • progress successfully through their course of study to the satisfaction of the Trustees for second or subsequent payments of their Scholarship monies
  • keep the Trust advised in regard to enrolment and other relevant information
  • be prepared to promote the values of the Trust and then scholarship opportunities for other potential applicants
  • broadly account for their expenditure grant the Trustees an indemnity, in writing, against any action at law for whatever reason

Payment of Grant

The value of the grant will be $5,000 per annum. The Trustees will pay the grant monies to the Scholar in two instalments: 50% at the successful completion of the first semester, and the remainder at the successful completion of the second semester.

The Trustees accept no financial responsibility for any expenses incurred by a Scholar that are in excess of the monies granted.

Should the Scholar fail to progress successfully through their course of study to the satisfaction of the Trustees, the second or subsequent payments may not be made.