SCHEDULE OF REIMBURSEMENT/PAYMENT - Initial Master’s Degree Sample Clauses

SCHEDULE OF REIMBURSEMENT/PAYMENT - Initial Master’s Degree. Graduate credit in a Master’s Degree Program will be reimbursed up to the Northern Illinois University current off campus tuition rate per semester hour. Although up to twelve (12) semester hours per school year may be submitted, the yearly allocation of funds for tuition reimbursement will be divided amongst all eligible Teachers. Total reimbursement is available in the total amount of $207,500 in 2021-2022; $213,725 in 2022-23; $220,136.75 in 2023-24; $226,740.85 in 2023-24.. Credits completed, but not reimbursed, may not be carried over to subsequent years, with the following exception: Teachers who submitted for credit reimbursement during the 2017-2018 school year may carry over any credits for which they did not receive reimbursement for. The last eligible year to receive reimbursement for these carry over credits is one year after the completion of their degree program. All grade reports confirming successful completion of course work are due June 15th. Payment of tuition reimbursement will be September 15th each year. Teachers who have been identified and approved for tuition reimbursement are required to file their certificate or endorsement with the Regional Office of Education or they will be required to reimburse the District all tuition reimbursement received.
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SCHEDULE OF REIMBURSEMENT/PAYMENT - Initial Master’s Degree. Graduate credit in a Master’s Degree Program will be reimbursed up to the Northern Illinois University current off campus tuition rate per semester hour. Although up to twelve (12) semester hours per school year may be submitted, the yearly allocation of funds for tuition reimbursement will be divided amongst all eligible Teachers. Total reimbursement is available in the total amount of $207,500 in 2021-2022. Credits completed, but not reimbursed, may not be carried over to subsequent years, with the following exception: Teachers who submitted for credit reimbursement during the 2017-2018 school year may carry over any credits for which they did not receive reimbursement for. The last eligible year to receive reimbursement for these carry over credits is one year after the completion of their degree program. All grade reports confirming successful completion of course work are due June 15th. Payment of tuition reimbursement will be September 15th each year. Teachers who have been identified and approved for tuition reimbursement are required to file their certificate or endorsement with the Regional Office of Education or they will be required to reimburse the District all tuition reimbursement received.

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