This site has some great examples to check out.
About the Scholarship Plan of MLBThis link will show you what conditions are included in the scholarship option of the contract. Normally, if you opt for the scholarship option, your bonus will diminish (they have to pay for it somehow).
The DFE (Draft/Follow & Evaluate) came about in the late 80's. Before that time, there were multiple drafts, including a "January draft" and a secondary draft in the summer, all which were normally JUCO players. When MLB went to the single draft, the added a category of DFE, normally called "Draft and Follow".
Basically, DFE allows a club to draft a highschooler (or a JUCO freshman) and retain the rights to him up until a week before next years draft while the follow the player and evaluate his performance. No, the player doesn't receive a dime. If a HS player is a DFE in the MLB Draft, they will be urged to attend a JUCO by the team drafting them. If they opt instead to attend a 4 year college, the MLB team that drafted them looses all rights and the player can't be drafted again until after he finishes his Junior year of college (or reaches 21, whichever comes first).
Some teams like the DFE, others don't. The MLB team that is following a player has NO CONTROL over his training, use, etc so it doesn't appeal to all teams. About 50 players each year are signed as DFE's.
Pitchers, who can go from 85-87 in High School to 92-93 in college with proper conditioning and workout schedules dominate the DFE scene, players who don't currently have the skills to be drafted but are "projectable".
