Educational Assistance Program Employees With Bad Credit In Virginia

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

The Educational Assistance Program for Employees in Virginia is designed to support eligible employees by providing financial assistance for educational courses related to their job roles. This program is accessible to full-time regular employees who have completed at least one year of service. Key features include reimbursement for tuition and registration fees for accredited courses, with reimbursement amounts varying based on the grades received by the employee. To benefit from this program, employees must apply prior to course commencement and obtain approval from their supervisor and human resources. The program specifies that only the difference between other funding sources and actual course costs will be reimbursed, ensuring that employees receive assistance tailored to their needs. Once the course is complete, employees must provide proof of payment and grades for reimbursement. Additionally, if an employee leaves the company within two years of receiving reimbursement, they are required to repay the amount. This form is beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants in guiding employees through the application process and ensuring compliance with the program's requirements.
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FAQ

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.

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.

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.

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.

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Educational Assistance Program Employees With Bad Credit In Virginia