Medical Rural Bonded Scholarship Scheme - Value of Payments and Debts Under The Contract

Value of Payments and Debts Under The Contract

Further if a person breaches by not practising in a 'rural' area after speciality training they must pay all the money back with interest and the $10,100 per annum of Austudy is un-recoverable.

If breached a loss of $50,500 in addition to all repayments of $125,000

Read more about this topic:  Medical Rural Bonded Scholarship Scheme

Famous quotes containing the word contract:

    Smoking ... is downright dangerous. Most people who smoke will eventually contract a fatal disease and die. But they don’t brag about it, do they? Most people who ski, play professional football or drive race cars, will not die—at least not in the act—and yet they are the ones with the glamorous images, the expensive equipment and the mythic proportions. Why this should be I cannot say, unless it is simply that the average American does not know a daredevil when he sees one.
    Fran Lebowitz (b. 1950)