Page 23 - Fontbonne University 2022 Benefits Guide
P. 23
2022
Benefits Guide
OTHER BENEFITS
Tuition Remission
Fontbonne University provides an undergraduate The application for the tuition remission program
remission program for eligible employees, their may be obtained in the oice of the Human
spouses and dependent children who meet Resources. All required forms must be completed
Fontbonne’s admission standards and are accepted and approved before any tuition is remitted.
as students. Eligible employees are staf members
who regularly work at least 30 hours per week Fontbonne is a member of both the CIC and Tuition
throughout the year or full-time faculty (including Exchange—two exchange programs which permit
ailiates) who have been employed by Fontbonne dependent children of full-time employees to attend
for at least six (6) months. For dependent (spouse another member college/university. The CIC’s list
and child(ren)) eligibility, the employee must be of participating schools includes four-year private
employed at the University for two full years in a institutions, while the Tuition Exchange includes not
beneit-eligible position for participation in the plan. only private institutions but public and two year
The waiting period is waived for employees who are schools as well.
coming to Fontbonne directly from employment at
another college or university. The undergraduate Details on both programs, including eligibility
tuition remission beneit is non-taxable under IRS requirements, are available in the Financial Aid
code, Section 117(d). Anyone employed in a position oice. This beneit is ofered but not guaranteed,
considered to be student employment (including, since reciprocating institutions may limit their
but not limited to, Graduate Teaching Assistants and number of participants.
students in a work study position) is not eligible for
the tuition remission beneit.
Full graduate tuition remission is provided for
eligible employees only (as deined in the previous
paragraph). Partial graduate tuition remission for
eligible dependents and spouses is provided at 50%
of the cost of the courses only. Tuition remission for
employees is taxable if the beneit exceeds $5,250
annually; the value of partial tuition remission
provided to spouses and eligible dependents is fully
taxable. Employees hired after July 1, 2013 (as well
as any employee who has not previously started a
graduate degree program) and their dependents
are limited to one graduate degree. This beneit is
subject to change at any time.
23
Benefits Guide
OTHER BENEFITS
Tuition Remission
Fontbonne University provides an undergraduate The application for the tuition remission program
remission program for eligible employees, their may be obtained in the oice of the Human
spouses and dependent children who meet Resources. All required forms must be completed
Fontbonne’s admission standards and are accepted and approved before any tuition is remitted.
as students. Eligible employees are staf members
who regularly work at least 30 hours per week Fontbonne is a member of both the CIC and Tuition
throughout the year or full-time faculty (including Exchange—two exchange programs which permit
ailiates) who have been employed by Fontbonne dependent children of full-time employees to attend
for at least six (6) months. For dependent (spouse another member college/university. The CIC’s list
and child(ren)) eligibility, the employee must be of participating schools includes four-year private
employed at the University for two full years in a institutions, while the Tuition Exchange includes not
beneit-eligible position for participation in the plan. only private institutions but public and two year
The waiting period is waived for employees who are schools as well.
coming to Fontbonne directly from employment at
another college or university. The undergraduate Details on both programs, including eligibility
tuition remission beneit is non-taxable under IRS requirements, are available in the Financial Aid
code, Section 117(d). Anyone employed in a position oice. This beneit is ofered but not guaranteed,
considered to be student employment (including, since reciprocating institutions may limit their
but not limited to, Graduate Teaching Assistants and number of participants.
students in a work study position) is not eligible for
the tuition remission beneit.
Full graduate tuition remission is provided for
eligible employees only (as deined in the previous
paragraph). Partial graduate tuition remission for
eligible dependents and spouses is provided at 50%
of the cost of the courses only. Tuition remission for
employees is taxable if the beneit exceeds $5,250
annually; the value of partial tuition remission
provided to spouses and eligible dependents is fully
taxable. Employees hired after July 1, 2013 (as well
as any employee who has not previously started a
graduate degree program) and their dependents
are limited to one graduate degree. This beneit is
subject to change at any time.
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