Common use of REIMBURSEMENT FOR CREDIT Clause in Contracts

REIMBURSEMENT FOR CREDIT. Reimbursement for academic credit shall be on a semester hour basis. Such reimbursement shall be for tuition in a class that is specifically job related or is part of a college or university AA/BA program in which the bargaining unit member is enrolled. Prior written approval from the Superintendent or designee is required. Each year the Board of Education shall allocate a fixed dollar amount dependent upon financial resources, but not less than $5,000.00 annually beginning July 1. The allocation will be distributed to each qualified participant based on a per credit allocation. If the total requests for reimbursement exceeds the annual allocation per credit, allocations shall be determined by dividing the total dollars allocated, by the total number of credits obtained by the qualified participants. Disbursement to an individual shall be limited by the actual tuition costs paid. Certification of course work successfully completed each school year shall include a copy of a grade report showing successful completion of the course. All claims for reimbursement must be submitted prior to the last day in September for course work completed during the summer school session, the last day in January for course work completed during the fall teen, or the last day in June for course work completed during the winter or spring session. Personnel receiving reimbursement agree to remain on the job for at least twelve (12) months following the reimbursement. Failure to remain on the job for at least twelve (12) months will result in the employee reimbursing the ISD for the same amount.

REIMBURSEMENT FOR CREDIT. Reimbursement for academic credit shall be on a semester hour basis. Such reimbursement shall be for tuition in a class that is specifically job related or is part of a college or university AA/BA program in which the bargaining unit member is enrolled. Prior written approval from the Superintendent or designee is required. Each year the Board of Education shall allocate a fixed dollar amount dependent upon financial resources, but not less than $5,000.00 annually beginning July 1. The allocation will be distributed to each qualified participant based on a per credit allocation. If the total requests for reimbursement exceeds the annual allocation per credit, allocations shall be determined by dividing the total dollars allocated, by the total number of credits obtained by the qualified participants. Disbursement to an individual shall be limited by the actual tuition costs paid. Certification of course work successfully completed each school year shall include a copy of a grade report showing successful completion of the course. All claims for reimbursement must be submitted prior to the last day in September for course work completed during the summer school session, the last day in January for course work completed during the fall teenterm, or the last day in June for course work completed during the winter or spring session. Personnel receiving reimbursement agree to remain on the job for at least twelve (12) months following the reimbursement. Failure to remain on the job for at least twelve (12) months will result in the employee reimbursing the ISD for the same amount.