BU Tuition Remission Cost Benefits and Financial Aid at BUA Our financial aid program is designed to help make a BUA education accessible to qualified students who otherwise could not afford the cost of attendance. Note: Tuition Remission is applicable to benefits eligible employees as defined in section 2.1 of UAP 3700, “Education Benefits” I. This single tuition rate includes active duty Service members and the National Guard and Reservists who are activated under Title 10 and using Title 10 Military Tuition Assistance, in order to assure that tuition rate distinctions are not made based on the Service members’ branches of Service. Spouse and Child Tuition Eligibility standards and the amount of the tuition benefit are established by the employer. Beginning now for the 2020 semesters, active faculty and staff applying for tuition remission from most USM institutions should use the … Tuition remission is not available for this unique, online, program. Spouse/dependents of active full-time faculty/staff hired on or after July 1, Graduate and Seminary educational assistance in excess of $5,250 per, Graduate and Seminary tuition remission for. Tuition remission is a valuable source for a free or discounted education, considering the rising costs of university tuition and fees. The tuition cost for that class would then be the responsibility of the student. Educational institutions can offer tuition remission as a benefit for employees. Benefits for you begin on the first day of the semester on or following your date of hire. The tuition remission rate is the result of a calculation based on total graduate tuition waived and related total graduate salaries. Page Updated: November 16th, 2020. Tuition Remission for Yourself. Full-time employees are eligible to take up to two courses at UofL each semester tuition free. The Tuition Exchange provides Boston University tuition scholarship opportunities for students seeking to enroll at Boston University who have a parent employed at a Tuition Exchange member college or university. Tuition Exchange scholarships are awarded to students entering their Freshman year of college only. Undergraduate tuition remission for children beginning the calendar year in which they can no longer be claimed as a dependent. Tuition remission may be called financial aid, compensation or a fringe benefit. Tuition Remission for Boston University Employees Page 2 of 5 BU-PP 450B Spouse and Children Tuition Remission Full-time employees hired on or after July 1, 2003, must complete one year of continuous full-time service immediately prior to application, at Baylor University (as of the twelfth day of class of the semester), for Comprehensive information about tuition remission for Boston University employees and their dependents is available at BU Human Resources. Tuition remission benefits for spouses/dependent children of employees hired after July 1, 1992, will be available only after the employee has worked for two years prior to the anticipated date of registration for coursework. Each year, Boston University’s agreement with The Tuition Exchange, Inc. permits up to ten (10) students who are planning to enter their freshman year of college the following academic year to enroll in undergraduate degree programs at over 600 participating colleges and universities located in 46 states and the United Kingdom. Visit Back2BU for the latest updates and information on BU's response to COVID-19. Background. Tuition Remission. If spouse or dependent of employee who works at least 50%, the benefits are the same as for full-time spouse or dependent, but are prorated according to the percentage of time worked. If you and your spouse are both employed at Boston University and are both eligible for tuition remis-sion benefits, you and your spouse are individually eligible to receive tuition remission as employees. Boston University employees are eligible to apply their tuition remission benefit toward a portion of their child’s tuition at Boston University Academy. According to Internal Revenue Service guidelines, employer-provided tuition remission and educational assistance is taxable in the following cases and the Payroll Office will withhold employment taxes: Refer to the Taxable Tuition Remission Guidelines for more information. A tuition remission is a form of financial aid in which the university waives or foregoes all or part of a student’s tuition charges. Whatever the name, tuition remission provides a waiver of some or all tuition charges. 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