Terms and Conditions

By submitting an application to receive an award from the Kusuma Trust (“the Trust”) you are agreeing to the following terms and conditions:
The following criteria and considerations will form the basis of the selection procedure which will be applied by the Trustees of in respect of all applicants wishing to receive a discretionary award under the Scheme. 

Please note that this list is not exhaustive and in all cases the decision of the Trustees is final:

• Applicant successfully obtaining an offer from an academic institute:
  Only applicants having received an offer for a qualifying course (or where there is a reasonable expectation of doing so) at a qualifying academic institute shall be considered. In the case of students applying to receive an award under the Scheme in respect of a First Degree, any award made by the Scheme shall be conditional upon the student fulfilling the necessary criteria imposed by the academic institute in question and obtaining their place at the Institute. The Trustees, at their absolute discretion, may award grants under the Scheme to applicants who receive an offer from an academic institute which, at the time the application is made, is not considered to be a qualifying academic institute (as set out in the “Eligible Universities” section). 
• Residency or connection to Gibraltar: 
  Applicants must be able to prove that they have been ordinarily resident in Gibraltar for a minimum period of three years immediately prior to the commencement of the course, or have such close connection to Gibraltar that, in the absolute discretion of the Trustees, they would merit consideration to receive an award under the Scheme. 
• Benefit to the Gibraltar Community: 
  Applicants should be able to demonstrate their intention to return to Gibraltar and to provide some benefit to the Gibraltar Community, professionally or otherwise. The Trustees expect as a condition of any grant that the student will return to Gibraltar to take up a position, if one is available, commensurate with the student’s training, skills and abilities, for a period of time that is no less than the number of years that the student has been receiving a Grant from the Trust.
• The academic ability of the applicant: 
  In the case of those applying for postgraduate courses, preference will be given to those persons holding a First Degree classification of 2:1 or above. In all cases the applicant must have a proven and excellent academic record.
• Choice of course: 
  Only candidates who have secured a place to pursue their studies in the sectors of medicine, technology, engineering or business will be considered. If the question arises, the interpretation of whether a course or degree falls under the definition of one of these sectors will be at the discretion of the Trustees. The Trustees may also exercise their complete discretion in considering applications for courses that fall outside of these sectors. Exceptional candidates in the fine/performing arts and sports fall into this category and may be allowed, at the absolute discretion of the Trustees, to make an application for consideration by the selection panel. 
• Personal statement: 
  As part of the application process to receive an award under the Scheme, candidates must demonstrate they possess the relevant personal characteristics. 
• Allowances and conditions governing repayment: 
  With regard to undergraduate awards the funding will be set at £3,000 per academic year and will be paid to the student directly. The amount of the grant made available to postgraduate candidates to cover the accommodation allowance, living allowance, and travel allowance will be decided by the Trustees who will take into consideration various factors such as the course to be undertaken, the likelihood of the applicant returning to Gibraltar and providing services to Gibraltar’s professional community, the academic institute and its location, and any level of support under any other scheme. The Trustees may also consider any other factors that they deem to be relevant, as well as the advice of the advisory panel.

In any event, the Trustees shall commit to funding those students successful in their application to receive an award under the Scheme for the full duration of their course(s) subject to the student(s) successfully passing the relevant stage of their course. It will be the obligation of the student to provide the Trustees with sufficient information at the end of each academic year to demonstrate to the satisfaction of the Trustees that the student has passed the relevant stage of his course. If the student is forced to re-take the year, or any part thereof, he will receive no allowance from the Trust to cover this period and it will be at the discretion of the Trustees to fund any subsequent academic year. 

Any Grant made by the Trustees shall not under normal circumstances be repayable. However, if the student (undergraduate or postgraduate) fails to complete the academic year, he will be liable to repay to the Trust the Grant awarded to him in respect of that year. If the student fails to complete any subsequent year he will be liable to repay the Grant awarded to him in respect of that academic year, plus the Grant awarded to him in any previous years. The Trustees will take into account the circumstances of each particular student but the student accepts that the Trustees decision is final, and that he may be required to repay the entire amount of any grant paid to him from the Trust, including for postgraduate applicants, the tuition fees in full.  Furthermore, and as set out above, if the student does not return to Gibraltar, or the Trustees determine that the student has provided no benefit to the Gibraltar Community, the student may be required to repay the Grant or any part of the Grant that the Trustees determine to be fair in the circumstances.

Students who are successful in their application to receive an award must enter into an agreement with the Trustees which will govern more specifically the terms through which the successful applicants will receive the grant from the Kusuma Gibraltar Charitable Trust.