Common use of Conditions for Reimbursement Clause in Contracts

Conditions for Reimbursement. Pursuant to the conditions set forth below, eligible employees will be reimbursed for up to 50%80% of the cost of tuition, textbooks and a reasonable amount of supplies for professional and technical courses offered by accredited colleges, universities, business, trade or correspondence schools or by an otherwise accepted trade or professional association or institute. However, an employee may not be reimbursed more than an aggregate of $10,000 during the calendar year. Conditions: 1. An employee must complete and submit a Request for Tuition Reimbursement Form as provided in the PMRs before enrolling in the course. Approval of a request means that there is funding available to cover the cost of the employee’s approved request. In no event will an employee be reimbursed more than an aggregate of $10,000 during the calendar year. 2. All reimbursable costs must be verified by receipts, which show that employee paid for 3. For all courses for which academic credit is granted by an accredited college or university, reimbursement will be made upon verified completion of the course with a grade of “C” or better, “Satisfactory”, “Pass” or the equivalent. 4. For courses which do not result in a grade, reimbursement will be made upon the Authority’s receipt of satisfactory evidence of completion of the course. Repayment. In the event an employee voluntarily quits or his or her employment terminates “for cause” (i.e., for any violation of the Personnel Management Regulations) less than three years after the completion of any reimbursed course, the employee shall immediately pay, without demand, an amount equal to that tuition reimbursement and all subsequent tuition reimbursement payments received by employee. There are other terms that apply that are contained in the Tuition Assistance Agreement. An employee will not be reimbursed for incidental fees which include, by way of example and not limitation, laboratory fees, activity fees, and credit card fees.

Appears in 1 contract

Sources: Collective Bargaining Agreement

Conditions for Reimbursement. Pursuant to the conditions set forth below, eligible employees will be reimbursed for up to 50%8080% of the cost of tuition, textbooks and a reasonable amount of supplies for professional and technical courses offered by accredited colleges, universities, business, trade or correspondence schools or by an otherwise accepted trade or professional association or institute. However, an employee may not be reimbursed more than an aggregate of $10,000 during the calendar year. Conditions:. 1. An employee must complete and submit a Request for Tuition Reimbursement Form as provided in the PMRs before enrolling in the course. Approval of a request means that there is funding available to cover the cost of the employee’s approved request. In no event will an employee be reimbursed more than an aggregate of $10,000 during the calendar year. 2. All reimbursable costs must be verified by receipts, which show that employee paid for. 3. For all courses for which academic credit is granted by an accredited college or university, reimbursement will be made upon verified completion of the course with a grade of “C” or better, “Satisfactory”, “Pass” or the equivalent. 4. For courses which do not result in a grade, reimbursement will be made upon the Authority’s receipt of satisfactory evidence of completion of the course. RepaymentTuition fees for Authority sponsored courses for which academic credit is granted by an accredited college or university shall be reimbursable under this program, subject to the limits described above. In the event an employee voluntarily quits or his or her employment terminates “Reimbursement will be made for cause” (i.e., for any violation tuition fees and/or required textbooks and a reasonable amount of supplies verified by receipts upon completion of the Personnel Management Regulations) less than three years after course with a grade of “C” or better, “Satisfactory”, “Pass” or the completion of any reimbursed course, the employee shall immediately pay, without demand, an amount equal to that tuition reimbursement and all subsequent tuition reimbursement payments received by employee. There are other terms that apply that are contained in the Tuition Assistance Agreement. An employee will not be reimbursed for incidental fees which include, by way of example and not limitation, laboratory fees, activity fees, and credit card feesequivalent.

Appears in 1 contract

Sources: Collective Bargaining Agreement