Tuition Assistance Programs For Employees In Ohio

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

Description

This form offers education assistance to employees under certain circumstances. Courses must be from approved institutions of learning, such as accredited colleges, universities, and technical colleges or schools that offer certification in a field approved by employer. Also, the courses must be, in employer's opinion, directly or reasonably related to employee's present job or part of a degree program, or in line with a position that employer believes employee can reasonably achieve. If employee shall leave the employment of employer for any reason, within two years of any reimbursement, employee shall immediately repay all reimbursements back to employer.
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FAQ

Tuition reimbursement (also known as tuition assistance) is an employee benefit through which an employer pays for a predetermined amount of continuing education credits or college coursework to be applied toward a degree.

An EAP— sometimes called a tuition reimbursement program—enables employers to fund their employees' higher education courses. For example, you might choose to fully or partially fund your employees' undergraduate or graduate degrees, professional development or skills-building courses, or vocational certifications.

Ohio State employees who wish to take undergraduate classes using their tuition benefit must either be enrolled through the Admissions Office (if degree seeking) or through Extended Education.

Educational Benefits Domestic Partners enrolled in both undergraduate and graduate level courses. Employees enrolled in graduate level courses will be taxed for tuition benefits exceeding $5,250 in a calendar year.

A person who is living and is gainfully employed on a full–time or part–time and self–sustaining basis in Ohio, and who is pursuing a part–time program of instruction at an institution of higher education, is eligible to be considered a resident of Ohio for these purposes.

CollegeAdvantage is Ohio's 529 college savings program designed to help individuals and families save for college in a tax-advantaged way. ​ The Ohio Tuition Trust Authority, a state agency within the Office of the Chancellor of the Ohio Department of Higher Education, sponsors and manages the program.

The Ohio State Tuition Guarantee holds in-state tuition, mandatory fees, housing and dining rates flat for four academic years. The specific four-year rates are set for each entering class of new first-year students.

To be eligible, an employee must be employed in a benefits eligible position on the first day of the semester for which the benefit is applied. Employees are permitted to take up to eleven undergraduate hours or eight graduate hours per term with supervisory approval.

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Tuition Assistance Programs For Employees In Ohio