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Elfarouq Foundation Policy
Decisions for all forms of Financial Assistance are made by the Board
of Trustees of Elfarouq Foundation, a charitable organisation,
(hereinafter will be called The Foundation) who may ask the Advisory
Committee for its recommendation in certain cases.
Financial Assistance provided by The Foundation is on the basis of
Grant/Scholarship. However, the foundation emphasises that there is
a moral obligation towards each beneficiary to pay back the amount
received or part of it when s/he graduates and secures a job. Any
amount paid back will increase the opportunity of helping other needy
and deserved students.
Criteria for Selection
In order to provide fair and equitable selection of the most deserving
application for support, The Foundation has established criteria for its
review and evaluation. These criteria are applied to all applications in
a balance and judicious manner.
Three criteria for the selection of applicants are listed below with the
elements that constitute each criterion.
The applicant’s (need and financial ability; academic performance;
achievements and character; commitment, past activities and
references).
The Proposed Study/Research (appropriateness and conformity with
Islamic values; relevance to applicant’s country or community; effect
and potential to contribute to the betterment of the person and the
advancement of his/her community).
The Institution (academic standing; location and amount of fees or
tuition and other expenses).
Category of beneficiaries
The Financial Assistance is intended for Muslim postgraduate
individuals. This category is not exhaustive.
Muslim Postgraduate Individuals
Financial Assistance for educational purposes may be provided to
Muslim students seeking further education or training, and whether at
a university, college, or other educational institution.
The circumstances of each case shall be carefully considered by The
Foundation in determining whether to provide financial support.
Financial Assistance is offered to those students who cannot, through
their own and their families’ reasonable efforts, meet the full costs of
required higher education.
Students and /or their families are expected to contribute to the cost
of their own education before assistance can be provided from The
Foundation. This contribution is determined by financial resources
available and financial situation of applicant and/or families.
The Foundation’s funds cannot be used as a substitute for
expenditure, which a public body is under legal obligation to provide.
The Foundation reserves its right to ask for documentary evidence
and make its own investigation.
Methodology governing Financial Assistance
The maximum amount of assistance a student can receive will be the
difference between the expenses and the amount that the student
and families can reasonably be expected to pay towards those
expenses.
Application Procedures
All applicants for Financial Assistance must file the application.
Copies will not be accepted.
The applicant must be accepted for admission or be in good standing
at his/her college or university.
(Application procedures and eligibility criteria are subject to change
without notice).
Dates of Submissions and Deadlines
Applications are processed quarterly. Completed Applications should
be sent by mail to the address of The Foundation. Applications made
by fax or email will not be considered. However messages and
inquiries may be communicated either by fax or email.
Use of Funds
In all cases assistance given to beneficiaries or other bodies are to
be used for the purposes for which they were intended. The
Foundation may require a written agreement from the beneficiaries
that the funds will be used for the agreed purpose; request regular
progress reports from individual beneficiaries; or regular contact with
the organizations receiving the money, goods or services.
If the money is not used appropriately and for the intended purpose,
the recipient may have to repay it. If The Foundation finds that the
terms of the grant/scholarship have not been adhered; the recipient
shall be requested to provide written explanation for his/her
noncompliance. If The Foundation is not satisfied with the
explanation, it may demand the recipient to repay the
grant/scholarship in full and/or it may refuse to consider any further
requests for assistance from the recipient. The Foundation reserves
the right to take legal action to recover the funds, or obtain damages
for its misuse.
Disclosure
Names of recipients and amounts made to them directly or indirectly
could be disclosed to any authority or entity that entitled by law to
request this information. In this case the recipient shall be advised of
the disclosed information and the requesting party.
Refund/Repayment
If a student receiving Financial Assistance becomes eligible for a pro-
rata refund of fees, that refund shall be either repaid to The
Foundation or deducted from the next installment to be paid for the
institution or the beneficiary.
Awards/Support from other sources
Recipients of Financial Assistance, including spouse if married, must
report any scholarships, long-term educational loans, gifts, etc. in
excess of £100.00 received during the academic year that was not
reported in the recipient's application for Financial Assistance. Failure
to inform The Foundation of such additional income can result in
cancellation of any Financial Assistance has been awarded.
Excellent Academic Progress
Students receiving or applying for Financial Assistance must be
judged capable of maintaining excellent academic progress at the
college/university in order to qualify for the funds.
A student is deemed to be making “excellent academic progress” (for
Financial Assistance purposes) towards the completion of an
academic programme if that student is earning a number of credits
each semester at a grade point level adequate to assure graduation
at the time specified by the college/university with high grades.
Transfers
Students receiving funds form The Foundation to cover fees, tuition
and other expenses shall not transfer to another college or university
without the prior written notification and approval of The Foundation
Review
The Foundation reserves the right to review, amend and cancel funds
at any time because of changes in financial, marital or academic
status; or because of the recipient's failure to observe applicable laws
and regulations of the country of residence/studies, reasonable
standards of behavior and excellent educational status.
Renewal
All Financial Assistance commitments are made for one year or less.
Where a long-term funding commitment is required, The Foundation
will review regularly the support it gives to the student throughout his
or her period of study. The annual renewal is subject to review of
academic progress and high academic achievement for Financial
Assistance purposes.
Decisions for all forms of Financial Assistance are made by the Board
of Trustees of Elfarouq Foundation, a charitable organisation,
(hereinafter will be called The Foundation) who may ask the Advisory
Committee for its recommendation in certain cases.
Financial Assistance provided by The Foundation is on the basis of
Grant/Scholarship. However, the foundation emphasises that there is
a moral obligation towards each beneficiary to pay back the amount
received or part of it when s/he graduates and secures a job. Any
amount paid back will increase the opportunity of helping other needy
and deserved students.
Criteria for Selection
In order to provide fair and equitable selection of the most deserving
application for support, The Foundation has established criteria for its
review and evaluation. These criteria are applied to all applications in
a balance and judicious manner.
Three criteria for the selection of applicants are listed below with the
elements that constitute each criterion.
The applicant’s (need and financial ability; academic performance;
achievements and character; commitment, past activities and
references).
The Proposed Study/Research (appropriateness and conformity with
Islamic values; relevance to applicant’s country or community; effect
and potential to contribute to the betterment of the person and the
advancement of his/her community).
The Institution (academic standing; location and amount of fees or
tuition and other expenses).
Category of beneficiaries
The Financial Assistance is intended for Muslim postgraduate
individuals. This category is not exhaustive.
Muslim Postgraduate Individuals
Financial Assistance for educational purposes may be provided to
Muslim students seeking further education or training, and whether at
a university, college, or other educational institution.
The circumstances of each case shall be carefully considered by The
Foundation in determining whether to provide financial support.
Financial Assistance is offered to those students who cannot, through
their own and their families’ reasonable efforts, meet the full costs of
required higher education.
Students and /or their families are expected to contribute to the cost
of their own education before assistance can be provided from The
Foundation. This contribution is determined by financial resources
available and financial situation of applicant and/or families.
The Foundation’s funds cannot be used as a substitute for
expenditure, which a public body is under legal obligation to provide.
The Foundation reserves its right to ask for documentary evidence
and make its own investigation.
Methodology governing Financial Assistance
The maximum amount of assistance a student can receive will be the
difference between the expenses and the amount that the student
and families can reasonably be expected to pay towards those
expenses.
Application Procedures
All applicants for Financial Assistance must file the application.
Copies will not be accepted.
The applicant must be accepted for admission or be in good standing
at his/her college or university.
(Application procedures and eligibility criteria are subject to change
without notice).
Dates of Submissions and Deadlines
Applications are processed quarterly. Completed Applications should
be sent by mail to the address of The Foundation. Applications made
by fax or email will not be considered. However messages and
inquiries may be communicated either by fax or email.
Use of Funds
In all cases assistance given to beneficiaries or other bodies are to
be used for the purposes for which they were intended. The
Foundation may require a written agreement from the beneficiaries
that the funds will be used for the agreed purpose; request regular
progress reports from individual beneficiaries; or regular contact with
the organizations receiving the money, goods or services.
If the money is not used appropriately and for the intended purpose,
the recipient may have to repay it. If The Foundation finds that the
terms of the grant/scholarship have not been adhered; the recipient
shall be requested to provide written explanation for his/her
noncompliance. If The Foundation is not satisfied with the
explanation, it may demand the recipient to repay the
grant/scholarship in full and/or it may refuse to consider any further
requests for assistance from the recipient. The Foundation reserves
the right to take legal action to recover the funds, or obtain damages
for its misuse.
Disclosure
Names of recipients and amounts made to them directly or indirectly
could be disclosed to any authority or entity that entitled by law to
request this information. In this case the recipient shall be advised of
the disclosed information and the requesting party.
Refund/Repayment
If a student receiving Financial Assistance becomes eligible for a pro-
rata refund of fees, that refund shall be either repaid to The
Foundation or deducted from the next installment to be paid for the
institution or the beneficiary.
Awards/Support from other sources
Recipients of Financial Assistance, including spouse if married, must
report any scholarships, long-term educational loans, gifts, etc. in
excess of £100.00 received during the academic year that was not
reported in the recipient's application for Financial Assistance. Failure
to inform The Foundation of such additional income can result in
cancellation of any Financial Assistance has been awarded.
Excellent Academic Progress
Students receiving or applying for Financial Assistance must be
judged capable of maintaining excellent academic progress at the
college/university in order to qualify for the funds.
A student is deemed to be making “excellent academic progress” (for
Financial Assistance purposes) towards the completion of an
academic programme if that student is earning a number of credits
each semester at a grade point level adequate to assure graduation
at the time specified by the college/university with high grades.
Transfers
Students receiving funds form The Foundation to cover fees, tuition
and other expenses shall not transfer to another college or university
without the prior written notification and approval of The Foundation
Review
The Foundation reserves the right to review, amend and cancel funds
at any time because of changes in financial, marital or academic
status; or because of the recipient's failure to observe applicable laws
and regulations of the country of residence/studies, reasonable
standards of behavior and excellent educational status.
Renewal
All Financial Assistance commitments are made for one year or less.
Where a long-term funding commitment is required, The Foundation
will review regularly the support it gives to the student throughout his
or her period of study. The annual renewal is subject to review of
academic progress and high academic achievement for Financial
Assistance purposes.
About Us
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مؤسسة الفاروق الخيرية Elfarouq Foundation |
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© 2007 all rights reserved, El Farouq Foundation