Common use of Educational Reimbursement Fund Clause in Contracts

Educational Reimbursement Fund. A. An Educational Reimbursement Fund will be available yearly for classified employees. This fund will have in it $10,000. Classified employees involved in furthering their education may apply to this fund for reimbursement for college courses and/or certification/training programs following evidence of successful completion of the course/program and proof of employee payment. Reimbursement will be established based on the following ratio: • One credit courses or approximately 15 hours certification/training program will be reimbursed at a maximum of $110 or the amount not to exceed the cost paid by the employee. • Two credit hour courses or approximately 30 hours certification/training program will be reimbursed at a maximum of $220 or the amount not to exceed the cost paid by the employee. • Three credit hour courses or certification/training program of approximately 45 or more hours will be reimbursed at a maximum of $330 per course or the amount not to exceed the cost paid by the employee. • Four credit, or more, hour courses or certification/training program of approximately 60 or more hours will be reimbursed at a maximum of $440 per course or the amount not to exceed the cost paid by the employee. B. No person can apply for reimbursement for more than one course in a calendar year until all employees who intend to apply have had the opportunity to seek reimbursement. At the end of the calendar year, if the fund has not been depleted, then employees who have already been reimbursed may provide evidence of successful completion of a second course/certification/ training program and seek additional reimbursement. All money remaining at the end of the calendar year will be distributed proportionately based on course expenses to all employees presenting evidence of having completed additional courses during that calendar year. C. If the $10,000 fund is not depleted at the end of a calendar year, the balance will be carried over to the next calendar year. This fund cannot be used for already established reimbursed programs such as Boiler Operator’s license, driver’s re-certification, and serve-safe. Classified staff who receive Educational Reimbursement cannot use that course(s) toward the “Additional training stipend” (See Article 27.07 - Additional Training.) D. See Appendix for the reimbursement form.

Educational Reimbursement Fund. A. An Educational Reimbursement Fund will be available yearly for classified employees. This fund will have in it $10,000. Classified employees involved in furthering their education may apply to this fund for reimbursement for college courses and/or certification/training programs following evidence of successful completion of the course/program and proof of employee payment. Reimbursement will be established based on the following ratio: •  One credit courses or approximately 15 hours certification/training program will be reimbursed at a maximum of $110 or the amount not to exceed the cost paid by the employee. •  Two credit hour courses or approximately 30 hours certification/training program will be reimbursed at a maximum of $220 or the amount not to exceed the cost paid by the employee. •  Three credit hour courses or certification/training program of approximately 45 or more hours will be reimbursed at a maximum of $330 per course or the amount not to exceed the cost paid by the employee. •  Four credit, or more, hour courses or certification/training program of approximately 60 or more hours will be reimbursed at a maximum of $440 per course or the amount not to exceed the cost paid by the employee. B. No person can apply for reimbursement for more than one course in a calendar year until all employees who intend to apply have had the opportunity to seek reimbursement. At the end of the calendar year, if the fund has not been depleted, then employees who have already been reimbursed may provide evidence of successful completion of a second course/certification/ training program and seek additional reimbursement. All money remaining at the end of the calendar year will be distributed proportionately based on course expenses to all employees presenting evidence of having completed additional courses during that calendar year. C. If the $10,000 fund is not depleted at the end of a calendar year, the balance will be carried over to the next calendar year. This fund cannot be used for already established reimbursed programs such as Boiler Operator’s license, driver’s re-certification, and serve-safe. Classified staff who receive Educational Reimbursement cannot use that course(s) toward the “Additional training stipend” (See Article 27.07 - Additional Training.) D. See Appendix for the reimbursement form.