Page 22 - 2019 Fontbonne
P. 22
2019 Benefits Guide
OTHER BENEFITS
Tuition Remission
Fontbonne University provides an Full graduate tuition remission is provided for eligible employees only
undergraduate remission program (as deined in the previous paragraph). Partial graduate tuition remission
for eligible employees, their for eligible dependents and spouses is provided at 50% of the cost of
spouses and dependent children the courses only. Tuition remission for employees is taxable if the beneit
who meet Fontbonne’s admission exceeds $5,250 annually; the value of partial tuition remission provided
standards and are accepted as to spouses and eligible dependents is fully taxable. Employees hired
students. Eligible employees are after July 1, 2013 (as well as any employee who has not previously started
staff members who regularly a graduate degree program) and their dependents are limited to one
work at least 30 hours per week graduate degree.
throughout the year or full-time
faculty (including afiliates) who The application for the tuition remission program may be obtained in the
have been employed by Fontbonne ofice of the Human Resources. All required forms must be completed
for at least six (6) months. For and approved before any tuition is remitted.
dependent (spouse and child(ren))
eligibility, the employee must be Fontbonne is a member of both the CIC and Tuition Exchange—two
employed at the University for exchange programs which permit dependent children of full-time
two full years in a beneit-eligible employees to attend another member college/university. The CIC’s list
position for participation in the of participating schools includes four-year private institutions, while the
plan. The waiting period is waived Tuition Exchange includes not only private institutions but public and two
for employees who are coming year schools as well.
to Fontbonne directly from
employment at another college Details on both programs, including eligibility requirements, are available
or university. The undergraduate in the ofice of the Registrar. This beneit is offered but not guaranteed,
tuition remission beneit is non- since reciprocating institutions may limit their number of participants.
taxable under IRS code, Section
117(d). Anyone employed in a
position considered to be student
employment (including, but not
limited to, Graduate Teaching
Assistants and students in a work
study position) is not eligible for
the tuition remission beneit.
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OTHER BENEFITS
Tuition Remission
Fontbonne University provides an Full graduate tuition remission is provided for eligible employees only
undergraduate remission program (as deined in the previous paragraph). Partial graduate tuition remission
for eligible employees, their for eligible dependents and spouses is provided at 50% of the cost of
spouses and dependent children the courses only. Tuition remission for employees is taxable if the beneit
who meet Fontbonne’s admission exceeds $5,250 annually; the value of partial tuition remission provided
standards and are accepted as to spouses and eligible dependents is fully taxable. Employees hired
students. Eligible employees are after July 1, 2013 (as well as any employee who has not previously started
staff members who regularly a graduate degree program) and their dependents are limited to one
work at least 30 hours per week graduate degree.
throughout the year or full-time
faculty (including afiliates) who The application for the tuition remission program may be obtained in the
have been employed by Fontbonne ofice of the Human Resources. All required forms must be completed
for at least six (6) months. For and approved before any tuition is remitted.
dependent (spouse and child(ren))
eligibility, the employee must be Fontbonne is a member of both the CIC and Tuition Exchange—two
employed at the University for exchange programs which permit dependent children of full-time
two full years in a beneit-eligible employees to attend another member college/university. The CIC’s list
position for participation in the of participating schools includes four-year private institutions, while the
plan. The waiting period is waived Tuition Exchange includes not only private institutions but public and two
for employees who are coming year schools as well.
to Fontbonne directly from
employment at another college Details on both programs, including eligibility requirements, are available
or university. The undergraduate in the ofice of the Registrar. This beneit is offered but not guaranteed,
tuition remission beneit is non- since reciprocating institutions may limit their number of participants.
taxable under IRS code, Section
117(d). Anyone employed in a
position considered to be student
employment (including, but not
limited to, Graduate Teaching
Assistants and students in a work
study position) is not eligible for
the tuition remission beneit.
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