How Educational Assistance Works

Your Educational Assistance Benefits

The Educational Assistance Plan provides you and your family with some financial support towards the cost of education. Your benefits depend on your position as shown in the table below. Details about each option are included in the following pages.

Position	Available Benefits
Academic Employees (as defined by University Statute 11) Includes all full-time faculty and other academic personnel except lecturers.   Non-Academic Officers	The Faculty Children’s Scholarship Plan: For Academic Employees and Non-Academic Officers hired before July 1, 2004: If you are a Highly Compensated Employee, your benefit is 100% of the tuition at any college, up to 85% of the University of Chicago tuition rate. The benefit is tax-free. If you are non-highly compensated employee, your benefit is 100% of the tuition at any college, up to 100% of the University of Chicago tuition rate. The benefit is tax-free. For Academic Employees and Non-Academic Officers hired on or after July 1, 2004: If you are a Highly Compensated Employee, your benefit is 100% of the tuition at any college, up to 75% of the University of Chicago tuition rate. This benefit is taxable during your first four years of continuous employment. After you complete four years of continuous employment, you are still eligible for the same benefit, but it becomes tax-free. If you are a non-highly compensated employee, your benefit is 100% of the tuition at any college, up to 75% of the University of Chicago tuition rate. The benefit is tax-free. During your first four years of continuous employment, if you become a Highly Compensated Employee, your benefit becomes taxable for the remainder of the four-year period. University Laboratory Schools Benefit pays 50% tuition for your children attending the school.
Professional Library Staff (Full-Time)	The Faculty Children’s Scholarship Plan: For Professional Library Staff Employees hired before July 1, 2004: If you are a Highly Compensated Employee, your benefit is 100% of the tuition at any college, up to 85% of the University of Chicago tuition rate. The benefit is tax-free. If you are a non-highly compensated employee, your benefit is 100% of the tuition at any college, up to 100% of the University of Chicago tuition rate. The benefit is tax-free. Professional Library Staff Employees hired on or after July 1, 2004: If you are a Highly Compensated Employee, your benefit is 100% of the tuition at any college, up to 75% of the University of Chicago tuition rate. This benefit is taxable to you during your first four years of continuous employment. After you complete four years of continuous employment, you continue to be eligible for the same benefit, but it becomes tax-free. If you are a non-highly compensated employee, your benefit is 100% of the tuition at any college, up to 75% of the University of Chicago tuition rate. The benefit is tax-free. During your first four years of continuous employment, if you become a Highly Compensated Employee, your benefit becomes taxable for the remainder of the four-year period. University Laboratory Schools Benefit pays 50% tuition for your children attending the school. Graham School of General Studies Benefit pays 50% of tuition for you at the Graham School of General Studies.
Non-Academic Employees All full-time, non-academic staff	Employee Tuition Benefit at the University pays 50% tuition for you at the University of Chicago for up to two classes per quarter, including Graham School courses. Employee Tuition Benefit Outside the University pays 75% tuition for you at any accredited college or university up to $2,000 per calendar year and $26,000 lifetime. University Laboratory Schools Benefit pays 50% tuition for your children attending the school. Employee Child Tuition Benefit pays 50% of undergraduate tuition for your children at the University of Chicago. Graham School of General Studies Benefit pays 100% of tuition for you on select, job-related courses at the Graham School of General Studies.
Field and Visiting Personnel Field work personnel in the School of Social Services Administration Visiting faculty	University Laboratory School Benefit pays 50% tuition for your children attending the school.
University Laboratory Schools Teachers* Full-time teachers on a 12-month contract Full-time assistant teachers	Employee Tuition Benefit at the University pays 50% tuition for you at the University of Chicago for up to two classes per quarter. University Laboratory Schools Benefit: Full-time teachers pay $500 of your child’s tuition for the school year. Full-time assistant teachers receive 50% tuition for your children attending the school. Employee Child Tuition Benefit pays 50% of undergraduate tuition for your children at the University of Chicago.

* Benefits provided under the plan are established pursuant to collective bargaining and are subject to the terms of the agreement in effect at all times. Your benefits are based on your teacher status.

While this Summary Plan Description summarizes the major provisions of this plan, it does not provide you with every plan detail. The plan documents, which govern this plan, provide full details. If there are any discrepancies between this Summary Plan Description and the legal plan documents, the legal plan documents control.