Purpose

The purpose of this policy is to outline Hofstra University’s scholarship benefit for eligible employees with dependent children enrolled in full-time undergraduate programs at four-year institutions.

Scope

This policy applies to all full-time faculty, administrators, and staff employees of Hofstra University who have dependent children, as defined by applicable University rules and collective bargaining agreements, enrolled full-time in an undergraduate degree program at a four-year institution.

Policy

Dependent Undergraduate Scholarship Benefit

Hofstra University offers a dependent undergraduate scholarship benefit to eligible full-time faculty, administrators, and staff employees. This scholarship applies to employees who have a full-time undergraduate dependent child (as defined by IRS regulations) enrolled at a four-year institution and pursuing a bachelor’s degree.

Eligibility Based on Length of Service

After completing one year of full-time, continuous service at the University, employees are eligible for a portion of the scholarship, based on years of service:

• 1 year: 25% of the scholarship award

• 2 years: 50% of the scholarship award

• 3 years: 75% of the scholarship award

• 4 years: 100% of the scholarship award

Additional Conditions

This scholarship is subject to limitations established by the University and/or applicable collective bargaining agreements. Scholarship award amounts may vary by employment category.

Required Documentation

Employees must submit the following documentation to the Office of Human Resources at benefits@hofstra.edu prior to the start of each semester:

• Grades for the qualified dependent from the prior semester or a letter from the participating institution confirming the student is currently in good academic standing

• A copy of the upcoming semester’s tuition bill

Related Policies and References

N/A