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4. The Scholarship Regulations 4.1 The scholarship Recipient will receive 50% only of their Tuition Fees. 4.2 The scholarship Recipient needs to pay any other expense (e.g. registration fees, education fees, etc.) that is not included in section 4-1. 4,3 Tuition fees cannot be transformed into cash and cannot be transferred to others. 4.4 The longest durations that a student can study in a Bachelor's Degree is 3.5 years, or 10 semesters 4.s if the Scholarship Recipient would like to study or transfer to another University as an exchange student, the Scholarship Recipient needs to pay by themselves. The Scholarship Contract Renewal 5.1 The Scholarship Recipient agrees that the Scholarship will be a 1 academic year contract. 5.2 The scholarship committee is able to terminate the Scholarship Agreement, when it is necessary or the Scholarship Recipient breaks the rules. 5.3 To continue a scholarship, the Scholarship Recipient must maintain their GPA as mentioned in section 3.3 and have to sign a new contract on a yearly basis. 5.4 For the qualified scholarship Recipient, he/ she must sign a new contract by at least 30 days after the end of third semester of each academic year. 6. Scholarship Cancellation The University can cancel the scholarship without any advanced notification if 6.1 The scholarship Recipient fails to maintain the conditions indicated in 3. The Agreement Conditions of this agreement. Having read and agreed on the terms of this agreement, all the parties have signed this agreement. The Stamford International University Scholarship Agreement is completed in two separate copies with identical text. One copy is kept by the University and the other by the Scholarship Recipient
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