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Educational Incentive Program Investing in your career!

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Presentation on theme: "Educational Incentive Program Investing in your career!"— Presentation transcript:

1 Educational Incentive Program Investing in your career!

2 BENEFITS  Tuition Waiver ◑ Full Time Employees Faculty Professional Exempt Contractual Professional Exempt Non- Contractual and Support Non- Exempt ◑ Dependents  Tuition Reimbursement Full Time Employees Faculty Professional Exempt Contractual Professional Exempt Non- Contractual and Support Non- Exempt

3 TUITION WAIVER- eligibility Faculty 90 days 6 credits maximum per semester PEC 6 Months 8 credits maximum per semester PENC & SNE 6 Months 8 credits maximum per semester Semesters:  Fall  Spring  Summer A&B (combined)

4 DEPENDENT WAIVER- eligibility  Faculty : 90 days  PEC, PENC & SNE: 6 months Unlimited amount of credits

5 TUITION WAIVER -procedures  Employee:  Fill out form  Requires supervisor signature  Dependent:  Employee signature  Dependent information Submit your completed forms to your Financial Aid office at your campus location Obtain tuition waiver forms from the Human Resources online forms link

6 TUITION REIMBURSEMENT FACULTY PROFESSIONAL EXEMPT CONTRACTUAL PROFESSIONAL EXEMPT NON- CONTRACTUAL & SUPPORT NON-EXEMPT

7 REIMBURSEMENT - eligibility Faculty: –90 days –Graduate Courses PENC & SNE: –2 years –Undergraduate & Graduate Courses PEC: –2 years –Graduate Courses

8 REIMBURSEMENT-eligibility All courses taken must be completed at a Regionally accredited college/university Classes offered at MDC are not eligible for reimbursement.

9 REIMBURSEMENT - eligibility Faculty : –Maximum eight (8) credits per Semester –(Fall, Spring, Summer A & B) –$ / per credit Reimbursed at FL state rate (FIU or FAU)

10 REIMBURSEMENT - eligibility Professional Exempt Contractual: Maximum eight (8) credits per semester $ / per credit Reimbursed at Florida State rate (FIU) Professional Exempt : Maximum eight (8) credits per semester Reimbursed at Florida State rate (FIU)

11 REIMBURSEMENT - procedures Before start of class: 1.Complete Tuition Reimbursement form including supervisor’s signature. Forms are available online at: Faculty: www3.mdcc.edu/hr/Benefits/educationalincentiveprograms/TuitionRei mbursementforFaculty.pdf www3.mdcc.edu/hr/Benefits/educationalincentiveprograms/TuitionRei mbursementforFaculty.pdf Professional Exempt Contractual: www3.mdcc.edu/hr/Benefits/educationalincentiveprograms/tuitionreim bursementprostaff.htm www3.mdcc.edu/hr/Benefits/educationalincentiveprograms/tuitionreim bursementprostaff.htm Professional Exempt Non-Contractual and Support Non-Exempt: 2.Attach a copy of paid receipt reflecting a zero balance 3.Attach copy of class schedule Send to : HR/ Benefits Attn: Tuition Reimbursement Kendall Campus Copy of form will be sent back with HR approval signature

12 FIU RATES Aug Jul. 2006: FAU RATES Aug Jul Credit Hours Under GraduateGraduate Credit Hours Under GraduateGraduate 1$97.12$ $68.16$ $194.24$ $136.32$ $291.36$ $204.48$ $388.48$ $272.64$ $485.60$1, $340.80$ $582.72$1, $408.96$1, $679.84$1, $477.12$1, $776.96$1, $545.28$1, REIMBURSEMENT - procedures

13 After completion of class:  Send copy of official transcript Upon receipt of the required documents the check for this non-taxable benefit will be processed within 30 business days and mailed to your home address (make sure your address is updated) Send to : HR/ Benefits Attn: Tuition Reimbursement Kendall Campus

14 Available for Faculty & Professional Exempt Contractual Eligibility: –Pursuing Ph. D and Ed. D degrees at FIU –Degree must be in a field related to the individual’s professional development –Maintain a GPA of 3.0 or above The program provides a tuition reduction from $ to $100 per credit. The amount reimbursed by HR is reduced due to Doctoral Program. Program began Summer For more details contact Norma Goonen for Faculty Initiatives at extension FIU Tuition Scholarship Program

15 Steps after Degree completion request original transcripts in sealed envelope have supervisor complete RPA for education incentive attach sealed envelope with RPA send information to: Send to : HR/ Compensation Attn: Degree Completion Kendall Campus

16 CONTACT INFORMATION Denise MacIntosh Maria Hathaway


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