Educational Assistance Program Requirements In Illinois

State:
Multi-State
Control #:
US-00451BG
Format:
Word; 
Rich Text
Instant download

Description

The Educational Assistance Program for Employees in Illinois is designed to support eligible employees by providing reimbursement for educational expenses related to their current job or a degree program. Key features include eligibility for full-time employees with at least one year of service, coverage for tuition and registration fees up to a defined number of credits per semester, and a structured reimbursement schedule based on grades received. Employees must seek prior approval, remain employed at the company during the course, and submit proof of completion to receive reimbursement. This form is valuable for attorneys, partners, owners, associates, paralegals, and legal assistants as it establishes clear guidelines for educational assistance, ensuring compliance with company policies and legal requirements. The straightforward filling and editing instructions make it accessible for users with varying levels of legal experience, promoting enhanced employee development while protecting the employer's interests.
Free preview
  • Preview Educational Assistance Program for Employees
  • Preview Educational Assistance Program for Employees

Form popularity

FAQ

Federal Pell Grant (Undergraduate) Students with an Expected Family Contribution or EFC of 5,000 or less are eligible for the Federal Pell Grant. Students must be a U.S. citizen or eligible noncitizen and accepted into a degree seeking program.

To receive a MAP grant, a student must: be a U.S. citizen or eligible noncitizen (FSA Handbook, Volume 1 Chapter 2) or meet the “undocumented student” criteria of the RISE Act; be a resident of Illinois (if the applicant is a dependent, the parent whose information is used on the FAFSA must be an Illinois resident);

After submitting your FAFSA®, you are automatically considered for three types of grants – the State of Illinois Monetary Award Program (MAP) grant, (for Illinois residents), the Federal Pell Grant (Pell), and the Federal Supplemental Educational Opportunity Grant (SEOG).

The Illinois Department of Revenue also offers tuition reimbursement, day care, and training opportunities.

Eligibility Criteria You and your parent(s) must be Illinois residents. You must have attended and graduated from an Illinois high school. You must be under the age of 24 and admitted as a new freshman or new transfer student. Your Student Aid Index (SAI) determined through the FAFSA must equal 0.

You must submit a FAFSA by March 15 (April 15 for the 2024-2025 Academic Year) prior to each academic year. You and your parent(s) must continue to be Illinois residents. Your total family income must be $82,500 or less (effective fall 2025). Your total family assets must be $75,000 or less (effective fall 2025).

Who qualifies? Illinois residents who are admitted as new freshmen or transfer undergraduate students under the age of 24, whose total family income is $75,000 or less. The student and the parent(s) on the FAFSA must both be residents of Illinois. DACA and undocumented students do not qualify for this program.

Illinois Promise, which has been around since 2005, covers tuition and fees as well as housing for families whose FAFSA form shows an expected family contribution of $0. Illinois Commitment is automatic for families whose income is below the threshold. There are several ways to qualify for $0 EFC under FAFSA's formula.

Trusted and secure by over 3 million people of the world’s leading companies

Educational Assistance Program Requirements In Illinois