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Benefits Guidebook Employee/Spouse/Partner/ Retirees Privacy Notice for Health Benefit Plans Contact Information
315-859-4302
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Tuition Grant Program for Dependent ChildrenThe College provides tuition grants for eligible dependent children of benefit-eligible employees who have completed at least three years of continuous benefit-eligible service.
Benefit Amount
Additionally the following provisions apply:
Eligibility
Eligible Dependent ChildrenThere is no limit on the number of eligible dependent children in a family who may benefit from this program. Each eligible dependent child must satisfy all of the applicable requirements described below.
The child must be unmarried and enrolled as a student in an undergraduate program at an eligible educational institution and meet the definition of a dependent under the Internal Revenue Code. The next three paragraphs describe some of the Internal Revenue Code dependent definition requirements that must be satisfied, as well as the College's eligibility requirements for dependent children that are in addition to those Internal Revenue Code requirements.
The unmarried child must be (1) your biological or legally-adopted child, your stepchild, or your eligible foster child, or (2) the biological child, legally-adopted child, stepchild, or eligible foster child of your eligible domestic partner. In the case of an eligible child of your domestic partner, an approved Acknowledgement of Domestic Partnership must be on file with Human Resources.
To be considered an eligible dependent, an eligible child must also meet one of the following tests:
a) The child must be under the age of 24 at the end of the applicable calendar year; the child must be enrolled as a full-time student at an eligible educational institution; the child must claim your residence as his or her official residence while away at school; and you must provide more than one-half of the child's support. Or,
b) The child must be under the age of 26 at the end of the applicable calendar year; the child must have gross income less than the dependent exemption amount for the applicable year ($3,500 for 2008); and you must provide more than one-half of the child's support.
The Internal Revenue Code has a number of special rules that apply when determining whether a child qualifies as an eligible dependent (e.g., special rules for divorced or separated parents, and special rules relating to multiple support agreements), and you should consult with your tax advisor regarding questions specific to your situation. You will be required to certify on the Tuition Grant application form that each child receiving a Tuition Grant satisfies the applicable requirements for qualifying as a dependent under the Internal Revenue Code, and that you will provide any information and/or documentation that the College may determine, in its sole discretion, to be appropriate to verify such qualification (including, but not limited to, copies of applicable tax returns).
Eligible Educational InstitutionsAn eligible educational institution is any college, university, vocational school, or other postsecondary educational institution that maintains a regular faculty and curriculum and normally has a regularly enrolled body of students in attendance at the place where it carries on its educational activities.
Taxability of BenefitThis benefit generally will not constitute taxable income to you as long as the applicable tax requirements are satisfied, with the exception that current IRS regulations do not allow for the tax exemption of payments on behalf of eligible dependent children of domestic partners (however, if any such child also qualifies as your eligible dependent child for federal income tax purposes, a tax exemption still could be available). Due to the complexity of IRS regulations, please consult with your tax advisor regarding questions specific to your situation.
How to Apply for a BenefitYou must apply for a Tuition Grant each term. To insure that the student's eligible educational institution receives the check in time, you should submit to Human Resources an Application for Tuition Grant for Dependent Children with an itemized copy of the bill from the eligible educational institution as soon as you receive the bill. Payment will be made directly to the eligible educational institution within 3 weeks of receipt of a properly completed application and supporting documentation that satisfies the applicable requirements of the program. You will be mailed a written confirmation that payment was made to the eligible educational institution. Applications must be submitted before or during the term for which payment is requested and will not be accepted after the term ends.
General Rules and Procedures
If any issue arises about how this program should be interpreted or applied, such interpretation or application will be made by Hamilton College in its sole discretion and will be binding upon all interested persons. Hamilton reserves the right to change or terminate the Tuition Grant Program for Dependent Children at any time and from time to time.
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