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Employee Education Benefit Program - UTSA

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Employee Education Benefit Program
Eligibility
Employee must be:Accepted as UTSA StudentCurrently employed in Benefits Eligible position and have been for the last6consecutive monthsMeet successful class completion standardsDegree program, or classes if non-degree studentMust be related to current or prospective job dutiesRequires approval fromSupervisor
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Degree Program Related to Job
May relate to current job dutiesMay relate to prospective job duties or position that can reasonably be attained in the future.Per State Government Code 656, programwill allow an employee to:Prepare fortechnical or legal developmentsIncrease work capabilitiesIncrease employee competence
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Classes Scheduled During Normal Work Hours
Allowed up to three (3) hours per weekOnly during Fall and Spring SemestersMust obtain supervisor approval BEFORE enrolling in coursesSupervisor may approve the degree program and deny request for classes during normal work hoursDoes not deduct from any paid leave balancesDoes not require a flex scheduleCan be listed as training on the timesheet
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Successful Completion Standards
Classes are completed, not dropped or listed as incompleteEmployee receives a letter grade of C or aboveSpecific programs may require higher grade.Employee remains in a benefit eligible position through the semesterIfstandards are not metFundsrequested under the EEB Program will be revoked.Employee will be responsible for any funds due.
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The To-Do List
HOP 4.08 Employees as Students will be updated.Website under the Human Resource Department main siteForm with directionsFAQ’shttp://www.utsa.edu/hr/EEB/Human Resources and Financial Aid departmental procedures updated.
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Tax Implications Program Summary
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Tax Implications(127 Qualified Educational Assistance Program)
Previous Guideline 177 (d) Qualified Tuition Reduction PlanPrevious tax implication required the tuition benefit to be reported as taxable income for graduate studentsNon-taxable for undergraduate studentsCurrent Guideline127 QualifiedEducational Assistance ProgramEducational Benefit becomes taxable income after the threshold of $5250 is met for the employeeUndergraduate/Graduate status does not matterBased on 2015/2016 Employee Education Benefit Rates, the maximum award of 12 semester credit hours benefit amount is < the $5250 maximum benefithttp://www.utsa.edu/fiscalservices/EBB.htmlEmployee will receive the reimbursement under this Plan as a tax-free fringe benefit as long as benefit remains under $5250
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Employee Tax Implications by Plan
Spring/Summer 2015Anemployee enrolled forUndergraduatecourses in the PlanPrevious Plan177 (d), tuition benefitisnot reportedas taxable incomeAn employee enrolled forGraduatecourses in the PlanPrevious Plan 177(d), tuition benefitreportedas taxable incomeFall 2015Anemployee enrolled forUndergraduatecourses in thePlanCurrent Plan127, tuition benefitis not reportedas taxable income up to $5250An employee enrolled forGraduatecourses in the PlanCurrent Plan 127,tuition benefitis not reportedas taxableincome up to $5250
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Employee Education Benefit Program - UTSA