Educational Assistance Program Employees Without Their Knowledge In New York
Category:
State:
Multi-State
Control #:
US-00451BG
Format:
Word;
Rich Text
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Description
The Educational Assistance Program for Employees document outlines a framework by which eligible employees in New York can receive financial aid for educational pursuits without their explicit knowledge but with the employer's endorsement. This program supports employees looking to enhance their skills through courses at approved institutions, such as accredited colleges or technical schools, directly related to their current job roles or potential career advancements. The form details eligibility, requiring full-time regular employees with at least one year of service to apply, as well as specific reimbursement conditions. Reimbursement is based on grades received in courses, with a maximum limit defined per semester. Employees must submit their course tuition reimbursement form for supervisor and HR approval before classes start and provide proof of payment and grades post-completion. Important obligations include a repayment clause should the employee leave the organization within two years post-reimbursement. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it facilitates employee development while ensuring compliance with organizational policies regarding educational assistance.
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FAQ
Tuition reimbursement amount is now $5,000 for employees in certain bargaining units.
No reporting or tax withholding is required on educational assistance benefits provided to State employees up to the $5,250 limit for the tax year. Benefits that exceed the $5,250 limit are generally taxable, unless they qualify for exclusion as a “working condition fringe benefit.”
Tuition reimbursement is available to M/C employees for educational course work that is categorized as either job-related or career-related and offered by approved schools or organizations.
