2020 Drexel University Consortium Agreement-2025

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A consortium agreement is a written contract that enables students to pursue coursework at two institutions simultaneously. Under such an agreement, a student may receive financial aid based on total hours of enrollment at both institutions. Schools are not required to enter into consortium agreements.
The reason for having a consortium is to bring together the complementary strengths, expertise, and resources of multiple organizations to ensure effective implementation of the fund.
The consortium or allegiance purpose may be to create a product or service, provide information, research and development, impact an industry, or simply share knowledge. It can also be used as an umbrella organization for joint ventures and alliances.
Consortium includes all of the non-monetary benefits of a relationship. For married couples, it includes emotional benefits a spouse may provide, such as companionship, comfort, affection, and love.
The purpose of the Consortium is: to carry out the Project and to produce the Deliverables as described under the heading Subject of the Consortium Agreement above; to seek additional funding for the development and exploitation of the Deliverables of the Project.
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The Grant Agreement outlines the rights and obligations related to the project between the beneficiaries and the European Commission. In contrast, the Consortium Agreement addresses the rights and obligations among the beneficiaries themselves.
A financial aid consortium agreement is a binding agreement between eligible schools that allows a student enrolled in a degree-granting or certificate program at one institution (the Home School) to study at and receive credit from a Host Institution for a limited time (usually one or two semesters).

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