Common use of Educational Fund Clause in Contracts

Educational Fund. The College shall provide a fund for use for education, professional memberships, travel and conferences each year of this Agreement. Money not used in any year may be retained in this fund and added to subsequent years' funds, not to exceed a total fund of twenty-five thousand dollars ($25,000). Seven thousand dollars ($7,000) each year shall be provided for professional memberships, travel, and conferences 1. Money from this fund may be requested by any Career Plan Association member for education, professional memberships, travel, or conferences. 2. Allocation of this fund shall be administered by the Human Resources Department after approval by appropriate Vice President. 3. Twelve thousand dollars ($12,000) annual Advanced Degree fund shall be provided to support earning an advanced degree from an accredited institution relevant to current job duties. Support of seventy-five percent (75%) or more for degree attainment shall require commitment to work at St. Clair County Community College for a minimum of three (3) years after degree attainment. Voluntary separation from the College prior to the three

Educational Fund. The College college shall provide a fund for use for education, professional memberships, travel and conferences each year of this Agreement. Money not used in any year may be retained in this fund and added to subsequent years' funds, not to exceed a total fund of twenty-five thousand dollars ($25,000). Seven thousand dollars ($7,000) each year shall be provided for professional memberships, travel, and conferences 1. Money from this fund may be requested by any Career Plan Association member for education, professional memberships, travel, or conferences. 2. Allocation of this fund shall be administered by the Human Resources Department or designee after approval by appropriate Vice President. 3. Twelve thousand dollars ($12,000) annual Advanced Degree fund shall be provided to support earning an advanced degree from an accredited institution relevant to current job duties. Support of seventy-five percent (75%) or more for degree attainment shall require commitment to work at St. Clair County Community College for a minimum of three (3) years after degree attainment. Voluntary separation from the College college prior to the three