Common use of Educational Incentive Stipend Clause in Contracts

Educational Incentive Stipend. 1. Employees who provide notice and proof of a degree shall be eligible for an educational incentive stipend. It is the responsibility of the employee to inform the department and provide documentation of the degree of higher education in order to receive this incentive stipend. The incentive stipend shall be based upon the highest educational level attained beyond high school as follows: Associate Degree $400.00 Baccalaureate Degree $650.00 or $250.00 after Associate Degree Master's Degree or above $900.00 or $250.00 after Baccalaureate Degree Payment shall begin following attainment of the degree, and shall consist of an amount equal to the appropriate yearly stipend or additional stipend amount divided by 2,080 to be added to the hourly base.

Educational Incentive Stipend. 1. Employees who provide notice and proof of a degree shall be eligible for an educational incentive stipend. It is the responsibility of the employee to inform the department and provide documentation of the degree of higher education in order to receive this incentive stipend. The incentive stipend shall be based upon the highest educational level attained beyond high school as follows: Associate Degree $400.00 Baccalaureate Degree $650.00 or $250.00 after Associate Degree Master's Degree or above $900.00 above$900.00 or $250.00 after Baccalaureate Degree Payment shall begin following attainment of the degree, and shall consist of an amount equal to the appropriate yearly stipend or additional stipend amount divided by 2,080 to be added to the hourly base.