Educational Assistance Program For Employees In Virginia

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

Description

The Educational Assistance Program for Employees in Virginia is designed to support employees in developing their skills and improving their job performance. It offers reimbursement for tuition and registration fees for courses at approved institutions, including accredited colleges and technical schools, provided they are relevant to the employee's job or career progression. Only full-time regular employees with at least one year of service can participate. The reimbursement rate is contingent on the grade received, with higher amounts for better grades. Employees must submit a tuition reimbursement form and gain prior approval to be eligible for reimbursement. They are also required to submit proof of payment and an official transcript after course completion. If an employee leaves the company within two years of receiving reimbursement, they must repay the employer. This program is especially useful for attorneys, partners, owners, associates, paralegals, and legal assistants aiming to enhance their qualifications and marketability within the legal profession.
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FAQ

The VRS Plan 1 is a defined benefit plan that provides a lifetime monthly benefit during retirement based on your age, total service credit and average final compensation. Average final compensation is the average of your 36 consecutive months of highest creditable compensation as a covered employee.

Working for the state is generally good. Extremely high job security unless you're in an appointed position, benefits are good (many holidays, good insurance), pension is good if you intend to stay for a while.

Employee Benefits Health & Wellness Program. Group Insurance. Retirement. Flexible Spending Accounts (FSA) ... Virginia Sick and Disability Program (VSDP) ... Work/Life Balance.

The Virginia Department of Social Services administers a variety of programs that may assist you and your family. These programs include but are not limited to, food assistance, medical assistance, childcare assistance, and general assistance.

Department of Human Resource Management.

To be eligible to retire with VRS you must be vested with at least 5 years of service with the program, and meet the minimum age requirement. Age 65 at least five year of service credit or age 50 with at least 30 years of service credit.

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.

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 For Employees In Virginia