Extension of Exchange Benefits
Upon approval by the President, Tuition Exchange Scholarships may be applied for by the dependent children of full-time employees who have completed ten years of eligible service with the College and who retire at normal retirement age, or who die or become totally disabled while in active service with the College. This extension of benefits will be administered in accordance with the general tuition exchange policies delineated above.
For purposes of this extension of benefits policy, "active service" is defined as any period when an employee is on the College payroll. A full-time employee who is on an approved unpaid leave of absence of two months or less is considered to be in active service with the College and is eligible for this extension of benefits.
Employee Responsibility
An employee whose spouse or dependent child accepts the tuition remission benefit, accepts responsibility for payment of all other charges related to attendance at Sarah Lawrence incurred by the spouse or dependent child.
The College will not assume the cost of room and board for a student as part of the tuition remission benefit. In addition, the College will not assume the Student Activity Fee or any other fee connected with attendance at the College.
Proof of a spouse's, domestic partner's or dependent child's dependency status must be provided before benefits are approved.
It is the responsibility of the employee to notify the Human Resources Office, through timely filing of an application each year, along with proof of dependency, that he or she will need education benefits. Retroactive payments will not be extended to employees who fail to apply for the appropriate benefits.
Maximum Benefit
The maximum undergraduate education benefit (tuition remission, cash grant, tuition exchange or a combination of the three) for any one child is eight semesters or the equivalent of 120 registered credits. The maximum graduate education benefit at Sarah Lawrence is 36 credits. For example, if your child registers for a 15 credit semester but earns only 12 credits (because of an incomplete, failure, etc.), his or her educational benefit "account" will nevertheless be charged for 15 credits. Once the maximum undergraduate or graduate benefit has been reached, no further benefit will be allowed to the child in question and the employee will be responsible for full payment of any tuition charges still necessary for attainment of a degree.
Withdrawal Policy
A child who is attending Sarah Lawrence College under the tuition remission benefit will be governed by the Tuition Refund Policy as outlined in the College Catalogue. This means that his or her education benefit "account" will be charged in accordance with the terms and conditions of the refund policy. A child who is attending another institution under the cash grant benefit will necessarily be governed by the refund policies of that institution. His or her education benefit "account" at Sarah Lawrence will be charged on a prorated basis according to the portion of the cash grant refunded by the institution to Sarah Lawrence.
