Educational Assistance Policy For Employees In Virginia
Description
Form popularity
FAQ
Established in 1972, the Tuition Assistance Grant Program (VTAG) is designed to assist Virginia residents who attend accredited private, nonprofit colleges and universities in Virginia for other than religious training or theological education.
Virginia Domicile To be eligible for in-state tuition rates, you must be domiciled in Virginia for a minimum of one year prior to your application for domiciliary. For more information, access the SCHEV website.
The Virginia Guaranteed Assistance Program (VGAP) grant is a state-funded program based on financial need for in-state undergraduate students. Virginia public two-year and four-year colleges and universities award VGAP to eligible Virginia residents based upon state regulations.
Employee Benefits Health & Wellness Program. Group Insurance. Retirement. Flexible Spending Accounts (FSA) ... Virginia Sick and Disability Program (VSDP) ... Work/Life Balance.
How much is awarded annually? In 2024-25, Virginia residents undergraduate students will receive a non-need based tuition grant of $5,125. In 2025-26, the award is expected to be $5,250. Graduate students enrolled in health professions programs receive $5,000.
Limit: The maximum permissible limit under Section 80C of the Income Tax Act 1961 is Rs. 1.5 lakh with deductions eligible only for two children per assessee.
Department of Human Resource Management.
For the American Opportunity Credit the education credit income limit is as follows: Single, head of household, or qualifying widow(er) — $80,000-$90,000. Married filing jointly — $160,000-$180,000.
