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Terms and Conditions

The following terms and conditions govern all scholarship awards made by the Baisley Foundation (“the Foundation”). By accepting a scholarship award, recipients agree to comply with these terms.

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Use of Funds

  • Scholarship funds must be used solely for qualified educational expenses, including tuition, mandatory fees, books, supplies, and other education-related costs approved by the Foundation.

  • Funds may not be used for non-educational purposes, including but not limited to personal expenses, travel unrelated to coursework, or discretionary spending.
     

Disbursement of Awards

  • Scholarship funds are typically paid directly to the recipient’s educational institution unless otherwise determined by the Foundation.

  • Disbursement schedules and methods are at the sole discretion of the Foundation.
     

Academic Standing

  • Recipients must maintain continuous enrollment at an accredited two- or four-year college or university.

  • Recipients must remain in good academic standing and maintain a minimum cumulative GPA of 3.0 (or equivalent) unless otherwise specified in writing by the Foundation.
     

Reporting Requirements

  • Recipients may be required to provide:

    • Proof of enrollment

    • Academic transcripts or grade reports

    • Verification of use of funds

  • Failure to provide requested documentation may result in suspension or termination of the scholarship.
     

Changes in Status

  • Recipients must promptly notify the Foundation of any changes in enrollment status, academic standing, transfer of institution, or withdrawal from school.

  • The Foundation reserves the right to adjust, suspend, or terminate funding if eligibility requirements are no longer met.
     

Renewal and Continuation

  • Scholarship awards are not guaranteed to renew and must be reapplied for each award period unless otherwise stated.

  • Renewal eligibility is subject to continued compliance with all eligibility requirements and availability of funds.
     

Termination of Award

The Foundation reserves the right to revoke or terminate a scholarship award if:

  • False or misleading information is provided during the application process

  • Funds are misused

  • Eligibility requirements are no longer met

  • Terms and conditions are violated

Any unused or improperly used funds may be required to be returned.
 

Non-Discrimination

The Baisley Foundation awards scholarships without regard to race, color, religion, gender, sexual orientation, national origin, disability, or any other characteristic protected by law, in accordance with applicable federal and state regulations.
 

No Employment Relationship

Scholarship awards do not create an employment, contractor, or fiduciary relationship between the recipient and the Foundation.
 

Modification of Terms

The Foundation reserves the right to modify these Terms & Conditions at any time. Any changes will apply prospectively and will be communicated to recipients as appropriate.

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