Fillable Third Party Tuition Sponsorship Agreement Form printable pdf download

THIRD PARTY TUITION SPONSORSHIP AGREEMENT

This AGREEMENT is entered into this _____________ day of __________________,

20___ between ____________________________________ (hereinafter “the Sponsor”) located

at _________________________________________________________ (Address) and

___________________________ Community College, an institution of the Virginia Community

College System, an agency of the Commonwealth of Virginia (hereinafter “the College”), located

at ___________________________, Virginia.

WHEREAS, the College offers educational and training programs for students enrolled therein;

and

WHEREAS, the Sponsor desires to pay:

□ Tuition and fees

□ Books

□ Supplies

for _______________________ (Name) or the individuals provided on an attached list

(hereinafter “the Student(s)") to enroll and attend the College for the

________________________________ semester(s).

NOW THEREFORE, in consideration of the promises herein contained and potentially other

good and valuable consideration the parties agree as follows:

Payment: Charges for tuition and fees shall be those established by the College’s State Board for

Community Colleges for the academic year during which the Student(s) enroll(s). The Sponsor

hereby agrees to pay up to $______________ per semester for __________ semester(s) on the

Student’s/Students’ behalf, or for the courses and/or the amounts and number of semesters shown

for each Student on any attached list. The Charges shall be:

□ After financial aid is applied

(

For financial aid that is in place on the last day to drop classes for the term)

□ Regardless of financial aid

Tuition and fee amounts due for ensuing semesters are subject to change. After the Student(s)

enroll(s) and/or schedule(s) classes, and the College’s add/drop period is over, the College will

invoice the Sponsor directly and provide the Student with his/her tuition balance upon request.

The Sponsor shall pay all amounts due within thirty (30) days of receiving the College’s invoice.

Unless prohibited by law, any amount remaining due after thirty (30) days from the Sponsor’s

receipt of the College’s invoice will be subject to a $10 late payment charge per month until it is

paid. If the Student(s) drops from classes after the College’s add/drop period due to reasons

meeting the College’s criteria for extenuating circumstances, then the College will provide the

Sponsor with a refund for the particular semester minus $_______ as an administrative fee. The

Sponsor also understands that the Student(s) will be subject to the College’s policies regarding

academic requirements, attendance and conduct, the violation of which may prevent the

Student(s) from successfully completing the course(s) paid for by the Sponsor.

Courses: Any requirements regarding which course(s) the Sponsor will authorize payment are

between the Sponsor and the Student(s), not the College. Additionally, if the Student(s) take(s)

different courses than those the Sponsor has agreed to authorize, then the College will invoice the

Student(s) for the excess tuition and fees.

Third Party Tuition Sponsorship Agreement Form