Educational Assistance Program For Employees In New York
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FAQ
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.
Tuition reimbursement amount is now $5,000 for employees in certain bargaining units.
Independent individuals who have established a permanent home in New York state for at least one year or dependents of parents who live in New York state are eligible for in-state tuition rates. Living in New York state only while attending college does not qualify as permanent residence.
Who is eligible to have tuition covered? Students admitted as first year undergraduate students to our New York campus, who apply for financial aid by the financial aid deadlines, and who have a family income under $100,000 and hold typical assets will be eligible to have their tuition covered.
You are eligible to receive TAP if you fall under any of the following income limits: $125,000 or less net taxable income (NTI): If you are a dependent undergraduate student within a household earning under the income limit or. If you are an independent undergraduate student (married or single) with tax dependents or.
The Employee Degree Program provides benefits-eligible employees with full tuition toward both undergraduate and graduate degree programs at Cornell University after one year of full-time employment in a benefits-eligible position.
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.”