Educational Benefits definition

Educational Benefits. Credit Hours purchased for use by the Beneficiary that otherwise have no monetary value.
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Educational Benefits mean Trust distributions made, pursuant to such policies, procedures, criteria, definitions, determinations and guidelines as the Trustees may make from time to time in the Trustees’ discretion (including as to whether a certain number of shares of UIC Stock must be held to receive such Educational Benefit), to any of the Qualified Educational Beneficiaries so that such Qualified Educational Beneficiary (as defined in section 6.1.2)) may achieve personal development or obtain the skills, training, experience, degrees, certificates and knowledge necessary to participate in either the modern economy as owners, entrepreneurs, and employees or in traditional and customary settings. Without limiting the generality of the foregoing statement, the types of distributions that be made by the Trustees as Educational Benefits include the costs of attending preschools, primary and secondary schools, colleges, universities, trade and vocational schools and/or of obtaining certifications, whether such distribution and expenditures are in the form of benefits, grants, payments to entities (including without limitation UIC) and/or scholarships, and expressly include those for tuition, books, room and board, fees, equipment, tools, and tutors, educational readiness and incentive programs, developmental education, internships, special education, and educational infrastructure development, construction, maintenance and support, educational housing assistance, residential school and student living centers, development, maintenance, construction and/or support. All determinations relative to the award and payment of an Educational Benefit to a given Qualified Educational Beneficiary shall be in the sole discretion of the Trustees, or their authorized agent, and shall be final. Educational Benefits are not intended to be provided on a pro rata basis based upon the number of Trust Units owned by each Qualified Educational Beneficiary.
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Examples of Educational Benefits in a sentence

  • Funds received from any outside sources for the same purpose, such as a scholarship, grant or Veteran's Educational Benefits, must be applied toward the cost of the tuition/fees before the City's tuition reimbursement plan shall apply.

  • Regularly appointed employees who are appointed on a full time basis as of the first day of class for the semester in which tuition remission is sought may qualify for tuition remission for themselves and their dependent children subject to, and as set forth in, the University’s Educational Benefits policy in Section 60.2.1 of the University Policy Library so long as employees and their dependent children comply with all administrative and academic requirements.

  • Section 1 Employees covered by this Agreement may participate in the County's Employee Educational Benefits Program as established by Section 26-3 of the Broward County Code of Ordinances.

  • The University will provide a Summer Educational Benefits Program for all employees covered by this Agreement on the same basis as the program is provided for all other University employees.

  • Educational Benefits may be used at any Eligible Educational Institution, but only at the level purchased and up to the maximum number of Credit Hours purchased.

  • The Purchaser may submit a Deferment of Benefit Request form to the Program on behalf of the Beneficiary during any year the Program would disburse Educational Benefits on the Contract, but the Program must distribute all benefits within 6 years of the Benefit Use Year, except as provided by the Contract.

  • If the Beneficiary is a minor, the Contract shall not distribute Educational Benefits unless and until the Program in its sole judgment receives acceptable documentation that a legal Guardian may act on behalf of the Beneficiary, and the Program will adhere to the directives of such Guardian.

  • Educational Benefits If applicable, describe how students will be involved in the project and any expected classroom or instructional uses of procedures, examples, or discoveries derived from the project.

  • The Educational Benefits disbursed at both the Community College and University level will be established by the Board and based on the cost or Weighted Average Tuition Cost of Credit Hours established for Nevada Universities and Community Colleges set by the Nevada Board of Regents.

  • Employees covered by this Agreement may participate in the County's Employee Educational Benefits Program.

Related to Educational Benefits

  • Medical Benefits means the monthly fair market value of benefits provided to the Employee and the Employee’s dependents under the major medical, dental and vision benefit plans sponsored and maintained by the Company, at the level of coverage in effect for such persons immediately prior to the Employee’s termination of employment date. The “monthly fair market value” of such benefits shall be equal to the monthly cost as if such persons elected COBRA continuation coverage at such time at their own expense.

  • Gap medical benefits means the benefits (if any) payable in respect of medical expenses that are less than, greater than or equal to the schedule fee, provided always that the medical expenses relate to a professional service that:

  • Additional Benefits means those benefits in addition to the rights and remedies available under the Australian Consumer Law.

  • Public Benefits means the provision of benefits to the community by the Developer in the form and at the times specified in Schedule 3.

  • Health Benefits means health maintenance organization, insured or self-funded medical, dental, vision, prescription drug and behavioral health benefits.