Common use of Tuition Incentive Program Clause in Contracts

Tuition Incentive Program. The Board agrees to provide a tuition incentive program for Paraprofessionals to take college undergraduate credit courses approved by the Superintendent of Schools or his/her designee. Reimbursement shall be based upon tuition rate currently in effect at Montclair State College under the following conditions: 1. Prior written approval must be obtained by the Paraprofessional to take the course(s). 2. Verification of successful completion of undergraduate courses with a C grade or better by transcript and receipt must be submitted before payment is approved. The Paraprofessional must not be eligible for any other reimbursement for the course/courses herein. 3. Reimbursement per Paraprofessional will be limited to twelve (12) semester hours in any school year. The Board agrees to fund in advance the cost of tuition for the initial six (6) semester hours. In order to receive prepaid tuition reimbursement, the employee must submit verification of successful completion of the course (grade of C or better). Employees not meeting this requirement or not completing the course within sixty (60) days of its completion date shall reimburse all prepaid tuition and fees to the Board. 4. Effective July 1, 2003, Board of Education total expenditures shall not exceed $5,000 per year. Funds not expended in one year shall be carried over to each successive year of the Contract. If funds are depleted during any given Contract year, payment may be deferred to the next year of the Contract. Any funds not used shall return to the Board of Education at the end of the Contract period. 5. In the event the number of requests exceeds the amount that has been budgeted, the funds shall be divided equally.