Benefits Committee Approves Increase for the Children’s Educational Assistance Plan for 2012-13 Academic Year
The Office of Human Resources is pleased to announce that the University’s Benefits Committee increased the annual tuition grant under the Children’s Educational Assistance Plan from $13,840 to $14,450 for the 2012-13 academic year.
Eligible faculty and staff members who have children attending an accredited two- or four-year undergraduate college can receive an annual grant of one-half tuition and one-half mandatory educational fees, up to a cap of $14,450 ($7,225 per semester, or $4,816.66 per trimester or quarter). For example, if your child’s annual tuition and mandatory educational fees total $20,000, the grant will equal $10,000 for the academic year ($5,000 per semester). If your child’s annual tuition and mandatory educational fees total $30,000, the grant will total $14,450 for the academic year ($7,225 per semester).
If you are applying for a tuition grant for a child that has not been verified previously as a dependent, you must provide the dependent verification documentation prior to a grant being processed. The definition of an eligible dependent under the Children’s Education Assistance Program is available on our website. This definition is slightly different than the definition of an eligible dependent for coverage under the healthcare plans. Employees should carefully review this definition to determine if the child qualifies as a dependent for the purpose of receiving a tuition grant. If we are unable to verify the child’s eligibility as a dependent, the child will not be eligible to receive a tuition grant.
Employees must submit an application and tuition bill to HR. The grant will be mailed directly to the child’s school. Detailed eligibility information for the Tuition Grant Program along with the application form is available on our website.
Individuals who have questions are encouraged to contact the Benefits Team at (609) 258-3302.