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Children of an employee (.75 FTE or more) are eligible for up to 50 percent tuition discount. The prorated benefit for those employed less than 3 years is as follows: first year of employment – 10%; second year of employment – 25%. This is interpreted as one discount per child from parent or parent couple employed. Children who attend other Mennonite colleges may also be eligible for discounts at those institutions under an agreement of reciprocity. (Check with the Financial Assistance office for a current list of participating institutions.) The discount is available to children treated as “dependent” for financial aid purposes. The discount is not available to children treated as “independent” for financial aid purposes.
Section 127 – Educational Assistance Plan
Section 127 allows employees who are taking graduate courses to benefit from a tuition reduction tax- free. In any plan calendar year participants shall be eligible to receive benefits under the plan up to an amount of $5,250 (or greater or lesser amount as may be subsequently permitted under the Code Section 127).