APS #5024

Active

Tuition Assistance Benefit

Brief Description

Tuition Assistance Benefit for CU Employees and Dependents

Reason for Policy

The purpose of this Administrative Policy Statement (APS) is to establish the scope of the University of Colorado’s Educational Assistance Program and describe the taxability of educational assistance provided under this program.  The university has a Section 127 Educational Assistance Plan established pursuant to Section 127 of the Internal Revenue Code of 1986.  This Internal Revenue Code provision currently allows employers to exclude educational assistance provided to employees from their wages, up to a federally mandated limit.  Additionally, Section 117 of the Internal Revenue Code allows the university to exclude undergraduate-level tuition assistance for employees of the university and their dependents.

I. Introduction

II. Policy Statement

III. Appeals

IV. Related Policies, Procedures, Forms, Guidelines and Other Resources

V. History