NHCUC COOPERATIVE TUITION REMISSION PROGRAM OVERVIEW
The NHCUC Cooperative Tuition Remission Program is a network of six private colleges and universities in New Hampshire willing to accept, tuition-free, students from families of full-time faculty and staff of other NHCUC participating institutions. (To be eligible for this program, the parent or guardian must be employed full-time by one NHCUC institution for a period of at least 12 months, eligible for full-time employee benefits, and receiving compensation for their employment directly from the HOME institution). A participating student must be a dependent (equivalent to the IRS definition of a dependent). Student applicants must be admissible at the host/importing institution in accordance with regular institutional admission standards and must comply with all host institution financial aid policies and procedures. Applicants must also maintain good academic standing and satisfactory academic progress.
Students are responsible for all non-tuition charges-room, board, and fees-at the institution in which they enroll (host/importing institution). This is both nondiscriminatory and in compliance with IRS Regulations.
FREQUENTLY ASKED QUESTIONS
1. How many years can I receive the benefit?
- The benefit is usually available for undergraduate students for a total of four years (or the equivalent). Students must meet the college’s published standards to continue the benefit.
2. Does being an NHCUC Tuition Remission recipient guarantee (or affect) my admission to college?
- The benefit has no effect on admission to college.
3. What happens to my benefit if my parent becomes ineligible for the benefit in the middle of a semester?
- In the event the employee loses eligibility in the middle of a semester the benefit will cease at the end of the semester.
4. Should I apply for college admission before, after, or simultaneously with applying for the NHCUC Cooperative Tuition Remission Program?
- Students should apply for college admission simultaneously with applying for the NHCUC Tuition Remission Program benefit prior to March 1.
5. Is the NHCUC Tuition Remission benefit taxable?
- The benefit itself is not taxable. However, Federal tax law requires that “scholarships or grants which exceed the cost of tuition, fees, and books (i.e. room, board, misc.) is taxable.” Therefore, the NHCUC Tuition Remission benefit may be viewed as taxable income. Check with your tax advisor for your individual liability.
6. Is the benefit guaranteed for four years?
- While students usually receive the benefit for four years, it is not “guaranteed.” The student must continue to meet the college’s academic standards, both schools must remain as participants, and the parent must also continue to be an eligible employee.
7. How is “dependent” defined?
- The Internal Revenue Service definition of a child dependency will be used to determine eligibility. The employee must provide either current tax return or signed statement confirming the dependency of the student verifying that the student is an IRS dependent of the employee/guardian.
8. What happens to the other types of financial aid that I receive?
- The complex nature of financial aid programs requires that many factors be taken into consideration. If the aid program is specific to tuition, the student may not obtain additional money (since the NHCUC Cooperative Tuition Remission benefit covers full tuition). If however, the aid can be used for other educational expenses, it is at the discretion of the college to allow the additional aid to offset the NHCUC Cooperative Tuition Remission benefit or to be in addition to the NHCUC Cooperative Tuition remission benefit. In most cases, the NHCUC Cooperative Tuition Remission benefit will be the maximum the student will receive from the college. If you receive notice of additional aid, check with your financial aid office to verify the additional award. The colleges retain the right to correct an error in award funding.
9. Is there a waiting period for the benefit?
- There is a twelve-month waiting period for the benefit. Full-time employees at participating institutions can receive the benefit at the beginning of the next semester following 12 months of continuous service. For purposes of this agreement, eligible faculty and staff will be restricted to those continuously employed full time by one NHCUC institution for a period of at least twelve months, is eligible for full-time employee benefits, and is receiving compensation for their employment, directly from the HOME institution before they receive the benefit. Once an employee becomes eligible for this benefit, his/her eligibility will remain in force while employed full time at any participating NHCUC institution. Once certified for participation in the tuition remission program, the dependent student will be eligible to receive the benefit only while the parent/guardian remains employed at a participating institution. If employee leaves or is dismissed from employment, the benefit is terminated at the end of the current academic semester.
10. I was told I am eligible for the NHCUC Cooperative Tuition Remission benefit. Should I expect something in writing from the host institution?
- You should expect a copy of the completed application from your HOME institution, which outlines the value of the benefit and any terms and conditions for receipt and/or continuation of the benefit.
The NHCUC reserves the right to make changes to this document at any time. Please check with your institution’s Tuition Remission Coordinator for the most current overview.