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Campus News
     
Your faculty and staff news since 1965
May 9, 2005
Volume 40, Number 10

Staff further skills with tuition remission


By Susan Carkeek

One of the many benefits of working for UNM is the opportunity for employees and their spouses or domestic partners to further their professional skills, pursue a degree, or expand personal interests by taking advantage of the Tuition Remission Program. This benefit can even be used for courses in fields of study outside the area where an employee currently works. If you have ever dreamed of pursuing a degree, regardless of the major field of study, UNM will afford you that opportunity.

The total value of the tuition benefit (credit, non credit or a combination) is equivalent to the cost of tuition for up to eight credit hours during the spring and fall semesters. During the summer semester, an individual can use up to the cost of four credit hours. Up to two credit hours per year may be used for personal enrichment courses through Continuing Education. When tuition increases, so does the amount of this benefit. In order to fund the Tuition Remission Program, each department pays a miscellaneous fringe benefits tax that is between 2.8 to 2.9 percent of their salary budget. The money from this tax pays for the tuition remission program as well as a number of other benefits programs, such as athletics tickets, tickets to the Ovation Series, and the dependent education program. During the 2003-2004 academic year, 4,110 faculty, staff, and retirees took advantage of the tuition remission benefit – a total dollar value of $2,511,324.87.

Later this month at the Staff as Students graduation, we will honor employees who have completed a degree or certificate while working for the university. We have 107 employees who graduated in Fall of 2004 or are scheduled to graduate this spring. Fifty-eight of these employees have earned their bachelors and 35 completed master’s degrees. We also have one graduate from the School of Law, four individuals who finished certificate programs and five individuals who completed requirements for doctorates.

The Staff as Students Graduation Ceremony will be held Thursday, May 26, in the SUB Lobo room from 3 to 5 p.m. We hope that many of you will join us to celebrate.

For information about the Tuition Remission Program, check
UBPPM #3700 or contact the HR Service Center.