Children's Educational Assistance Plan Eligibility
Eligibility Requirements for Faculty & Staff Members
Eligibility to apply for a tuition grant occurs as follows:
If You Meet the Service Requirement
You May Apply for First Grant for the:
By June 30, 2018
Fall 2018 term
In July, August, September or October, 2018
Fall 2018 term on or after the date you meet the service requirement
In November or December, 2018; January, February or March, 2019
Spring 2019 term on or after the date you meet the service requirement
Eligibility Requirements for Retirees
If you retire on or after May 1, 2018, your dependent children can qualify for the Children's Educational Assistance Plan in the future, as long as they met the definition of an eligible dependent as of the retirement date. Dependent children will no longer be required to be participating in the Plan as of the date of retirement. In addition, the dependent child will no longer be required to continue his/her education in consecutive semesters, trimesters or quarters. If there is a break in enrollment, the child can continue to participate in the program for up to four academic years, if all other eligibility requirements are met.
Eligibility Requirements for Your Child
- your natural born or legally adopted child or your stepchild or legal ward
- enrolled as a full-time student in a program leading to an associate degree or a bachelor’s degree at a two- or four-year college accredited by agencies recognized by the U.S. Department of Education at the time the tuition grant is disbursed
- your dependent under the IRS Code’s definition of dependent and must be verified as a dependent
Definition of Dependent Child
- be under the age of 24 at the end of the calendar year
- be a full-time student
- claim your residence as his or her official residence while away at school and provide less than one-half of his or her own support (excluding scholarships)
- be under age 26 at the end of the calendar year
- be a full-time student
- have gross income that is less than the federal dependent exemption amount for the year (for 2017 the amount is $4,050 including scholarships)
- receive more than one-half of his or her support from you (or from your former spouse if you claim your child as your dependent for tax purposes)
Qualifying for a Taxable Grant for a Child with a Disability
If Your Child’s Situation Changes
- your child withdraws from school during the academic year
- your child no longer is a full-time student in a degree program
- there is any other change in your child’s educational status, such as a leave of absence
- your child’s relationship to you changes
Additional Rules and Regulations
- There is a limit of one grant per child per year. Therefore, if both you and your spouse work for Princeton University, only one grant can be disbursed per child per academic year.
- Tuition grants are sent directly to the educational institution for credit against your child's account. The only exception to this rule is if you are receiving a taxable grant. Taxable grants are issued if your child has a disability that requires an academic accommodation.
- Princeton University is not responsible for late payment fees or finance charges incurred if the grant is not received prior to the payment due date stated on the application form or tuition bill. Tuition grants are processed in the order in which they are received by the Office of Human Resources and are generally processed within six weeks of receipt.
- You must indicate on your application if your child is receiving any other scholarships, grants, or awards, and this information must be listed on the bill or a copy of the child's financial aid award letter must be submitted. The Princeton University grant will not exceed the remaining tuition costs, if any, after such other financial support is deducted from your child's eligible expenses.
- Colleges and universities consider all tuition benefits in determining a student's eligibility for need based financial aid. Therefore, eligible children may experience a reduction in financial aid due to eligibility for the tuition grant benefit.
- For all schools outside of the U.S., payment is made in U.S. dollars. The exchange rate is supplied by the Treasurer's Office and we will use the rate from the particular day that the grant is processed. We are not responsible for fluctuations in the exchange rate.