Payments to Educational Institutions Sample Clauses

Payments to Educational Institutions. Upon receipt of a valid invoice from the educational institution, VA will pay an amount equal to the amount of educational assistance payable under section 3313(c)(1)(A) of title 38, United States Code, directly to the educational institution offering the covered program of education pursued by an eligible veteran as follows: • 50 percent of the total amount payable when the eligible veteran begins the program of education. • 25 percent of the total amount payable when the eligible veteran completes the program of education (A prorated amount will be paid for the portion of the program pursued if an eligible veteran withdraws and provides notice to the educational institution that he/she no longer intends to pursue the program of education.) • 25 percent of the total amount payable when the eligible veteran finds employment in a field related to the program of education (A prorated amount will be paid for the portion of the program pursued if an eligible veteran does not complete the program but, nonetheless finds employment in a field related to the program of education during the 180-day period beginning on the date on which the veteran withdraws from the program of education. VA will only extend the 180-day requirement to find employment if the veteran is called to Active Duty or for extenuating circumstances. VA will evaluate such circumstances on a case-by-case basis. The 180-day period will be extended by the length of the call-up when less than 90 days.) For VRRAP, VA is utilizing the same definition of "employment within the field of study" as used for the VET TEC Program, which includes: • Traditional employment in a career supported by the completed program of study. • Promotion in the veteran's current career if the veteran is currently employed in a career supported by the completed program of study. • Self-employment if the veteran owns or operates a business and is utilizing the skills obtained through the completion of the program of study. • For the Department to release the final tuition and fees payment, both the veteran and facility will need to certify that the veteran has achieved employment within the field of study. Educational institutions may not seek payment from an eligible veteran who fails to complete a program and/or fails to find employment in a related field during the 180-day period beginning on the date on which the veteran withdraws from the program of education for any amounts that VA would have paid had the veteran comp...
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Related to Payments to Educational Institutions

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  • Administration and Collection SECTION 6.01.

  • Health Care Spending Account After six (6) months of permanent employment, full time and part time (20/40 or greater) employees may elect to participate in a Health Care Spending Account (HCSA) Program designed to qualify for tax savings under Section 125 of the Internal Revenue Code, but such savings are not guaranteed. The HCSA Program allows employees to set aside a predetermined amount of money from their pay, not to exceed the maximum amount authorized by federal law, per calendar year, of before tax dollars, for health care expenses not reimbursed by any other health benefit plans. HCSA dollars may be expended on any eligible medical expenses allowed by Internal Revenue Code Section 125. Any unused balance is forfeited and cannot be recovered by the employee.

  • Health Spending Account (HSA Wellness Spending Account (WSA)/Registered Retirement Savings Plan (RRSP) utilization rates;

  • Health Spending Account contributions by the Executive will cease on the Effective Date. The Executive may submit claims against the balance accrued to the Effective Date, until the end of the calendar year in which the Effective Date occurs.

  • Program Administration An activity relating to the general management, oversight and coordination of community development programs. Costs directly related to carrying out eligible activities are not included.

  • Agreements with Foreign Banking Institutions Each agreement with a foreign banking institution shall provide that: (a) the assets of each Portfolio will not be subject to any right, charge, security interest, lien or claim of any kind in favor of the foreign banking institution or its creditors or agent, except a claim of payment for their safe custody or administration; (b) beneficial ownership for the assets of each Portfolio will be freely transferable without the payment of money or value other than for custody or administration; (c) adequate records will be maintained identifying the assets as belonging to each applicable Portfolio; (d) officers of or auditors employed by, or other representatives of the Custodian, including to the extent permitted under applicable law the independent public accountants for the Fund, will be given access to the books and records of the foreign banking institution relating to its actions under its agreement with the Custodian; and (e) assets of the Portfolios held by the foreign sub-custodian will be subject only to the instructions of the Custodian or its agents.

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