To: All Faculty & All Academic Professionals & All Civil Service Staff
           <everybody@illinois.edu> 
    From: "University Human Resources" <uihr@uillinois.edu>

Reply-To: slmussel@uillinois.edu
 Subject: MASSMAIL - Notice Regarding Graduate-Level Tuition Waivers

This notice is to remind employees of an important benefit to Faculty, 
Civil Service and Academic Professional employees who are taking graduate-
level courses and who are eligible to receive a tuition waiver at the 
University.  If you are not receiving a graduate level tuition waiver or 
do not plan on receiving one this calendar year this notice does not 
apply to you.

The university exempts the first $5,250 of the tuition waiver from 
taxable income in accordance with Internal Revenue Code Section 127.  
This exemption is based on tuition waivers received by an employee in a 
calendar year.  

University Payroll monitors waivers posted to employees' student 
accounts.  When the value exceeds the exempted amount of $5,250, the 
employee is notified of the taxability.  The notification will be in the 
form of an email and via the U.S. Postal Service to the mailing address 
in Banner.  Information regarding applying for an exception to the 
taxation, if applicable, will be sent at that time.

For additional information regarding employee eligibility and 
restrictions for graduate-level tuition waivers, please see 
<https://nessie.uihr.uillinois.edu/cf/events/index.cfm?
Item_id=1121&rlink=1116> and select your appropriate employee group.

For contact information regarding tuition waivers, please see 
<https://nessie.uihr.uillinois.edu/cf/events/index.cfm?Item_id=3235>.
This mailing approved by:
The Office of the President

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