Page 18 - 2015 Benefits Guide
P. 18
Open
Enrollment
Other Beneits
Tuition Remission Full graduate tuition remission is provided for eligible employees
Fontbonne University provides an only (as deined in the previous paragraph). Partial graduate tuition
undergraduate remission program remission for eligible dependents and spouses is provided at 50% of
for eligible employees, their spouses the cost of the courses only. Tuition remission for employees is taxable
and dependent children who meet if the beneit exceeds $5,250 annually; the value of partial tuition
Fontbonne’s admission standards remission provided to spouses and eligible dependents is fully taxable.
and are accepted as students. Eligible Employees hired after July 1, 2013 (as well as any employee who has
employees are staff members who not previously started a graduate degree program) and their dependents
regularly work at least 30 hours per are limited to one graduate degree.
week throughout the year or full-time The application for the tuition remission program may be obtained
faculty (including afiliates) who have in the Ofice of the Human Resources. All required forms must be
been employed by Fontbonne for at completed and approved before any tuition is remitted.
least six (6) months. For dependent
(spouse and child(ren)) eligibility, Fontbonne is a member of the CIC tuition exchange program
the employee must be employed which permits dependent children of full-time employees to attend
at the University for two full years another college/university having membership in the program. Also,
in a beneit-eligible position for effective with the 2015-16 academic school year, Fontbonne will again
participation in the plan. The waiting participate with The Tuition Exchange, a separate program which will
period is waived for employees who allow Fontbonne to send up to three students per year to a participating
are coming to Fontbonne directly school. The Tuition Exchange includes not only private institutions but
from employment at another college public and two year schools as well.
or university. The undergraduate
tuition remission beneit is non- Details on both programs, including eligibility requirements, are
taxable under IRS code, Section available in the ofice of the Registrar.
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.
18
Enrollment
Other Beneits
Tuition Remission Full graduate tuition remission is provided for eligible employees
Fontbonne University provides an only (as deined in the previous paragraph). Partial graduate tuition
undergraduate remission program remission for eligible dependents and spouses is provided at 50% of
for eligible employees, their spouses the cost of the courses only. Tuition remission for employees is taxable
and dependent children who meet if the beneit exceeds $5,250 annually; the value of partial tuition
Fontbonne’s admission standards remission provided to spouses and eligible dependents is fully taxable.
and are accepted as students. Eligible Employees hired after July 1, 2013 (as well as any employee who has
employees are staff members who not previously started a graduate degree program) and their dependents
regularly work at least 30 hours per are limited to one graduate degree.
week throughout the year or full-time The application for the tuition remission program may be obtained
faculty (including afiliates) who have in the Ofice of the Human Resources. All required forms must be
been employed by Fontbonne for at completed and approved before any tuition is remitted.
least six (6) months. For dependent
(spouse and child(ren)) eligibility, Fontbonne is a member of the CIC tuition exchange program
the employee must be employed which permits dependent children of full-time employees to attend
at the University for two full years another college/university having membership in the program. Also,
in a beneit-eligible position for effective with the 2015-16 academic school year, Fontbonne will again
participation in the plan. The waiting participate with The Tuition Exchange, a separate program which will
period is waived for employees who allow Fontbonne to send up to three students per year to a participating
are coming to Fontbonne directly school. The Tuition Exchange includes not only private institutions but
from employment at another college public and two year schools as well.
or university. The undergraduate
tuition remission beneit is non- Details on both programs, including eligibility requirements, are
taxable under IRS code, Section available in the ofice of the Registrar.
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.
18
