Towson University?s Bursar’s Office is now accepting tuition remission requests for Towson?s spring 2006 semester. To facilitate prompt, accurate billings, forms should be received no later than February 7, 2006. At Towson, 1:1 courses such as advanced studio and private lessons, as well as self-support programs such as computer certification courses, College of Education closed contract courses, and courses offered through the Center for Applied Information Technology and the Towson Learning Network are excluded from the tuition remission program. Courses taken during the minimester are also ineligible for tuition remission.
Tuition remission benefits for undergraduate courses for both employees and eligible dependents are not considered taxable income. Graduate level courses taken by otherwise eligible dependents of eligible employees are however fully taxable to the employee. Eligible employees taking graduate level courses will be taxed on the value of any graduate tuition remission benefits received in excess of $5,250 in a calendar year.
The guidelines governing tuition remission benefits and the required tuition remission request forms are available from both Towson?s Office of Human Resources and Bursar’s Office, as well as under the Forms and Documents section of the OHR Benefits Web site at {http://wwwnew.towson.edu/adminfinance/hr/benefits/summaires.asp}.
Remember that all tuition remission request forms must be forwarded to Towson?s OHR to be processed properly.
Questions should be directed to Dave Curtis, x4-6018 or {dcurtis@towson.edu}, or Gail Price, x4-6017 or {gprice@towson.edu}.
