Recent federal legislation has significantly changed student loan repayment options, but Public Service Loan Forgiveness remains available to most CU employees. CU’s partnership with Savi offers an affordable tool to help employees navigate PSLF and manage their student debt effectively. See details on the program and upcoming workshops.
Benefits rate increases will vary by plan. Faculty and staff are encouraged to explore benefits options.
CU employees must complete the training course within the first 60 days of employment and every two years thereafter.
Employee W-2s will be mailed by Jan. 31, Form 1095-C will be released in the portal by March 3, and Form 1042-S will be available by mid-March.
To maintain tax exempt status, employees must update their W-4 by Feb. 15. If the form is not updated by this date, the employee’s tax status will revert to the highest withholding status.
There’s a limit on how much vacation leave University of Colorado faculty and staff carry from one fiscal year to the next.
PSLF forms will not be processed until July 2024, while the U.S. Department of Education transitions PSLF servicing to StudentAid.gov.