Common use of Reimbursement for Education Courses Clause in Contracts

Reimbursement for Education Courses. The Hospital shall make $7,500 available during each fiscal year of the contract for potential reimbursement of necessary expenses incurred by nurses who attend approved nursing education courses within the nurses’ practice areas. Nurses may be reimbursed up to three hundred fifty dollars ($350.00) per fiscal year to attend approved nursing education courses within the nurse’s practice areas. Part-time nurses may receive a prorated amount based on her/his FTE. The remaining fund balance will be divided equally among those nurses who submitted receipts and distributed in the first pay period after February 1, in the following year, provided, however that a nurse’s share of the divided fund surplus cannot exceed the amount of the receipts in excess of $350 that the nurse submitted. There shall be no carryover of funds from one fiscal year to the next.

Reimbursement for Education Courses. The Hospital shall make $7,500 available during each fiscal year of the contract for potential reimbursement of necessary expenses incurred by nurses who attend approved nursing education courses within the nurses’ practice areas. Nurses may be reimbursed up to three hundred fifty dollars ($350.00) per fiscal year to attend approved nursing education courses within the nurse’s practice areas. Part-time nurses may receive a prorated amount based on her/his FTE. The remaining fund balance will be divided equally among those nurses who submitted receipts and distributed in the first pay period after February 1, in the following year, provided, however however, that a nurse’s share of the divided fund surplus cannot exceed the amount of the receipts in excess of $350 that the nurse submitted. There shall be no carryover of funds from one fiscal year to the next.