Educational Assistance Program For Employees In Virginia

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

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