º¬Ðß²ÝÑо¿ÊÒ Children Center - Employee Discount Program
Updated: February 2024
Program
The º¬Ðß²ÝÑо¿ÊÒ Children Center strives to provide affordable childcare to families in the º¬Ðß²ÝÑо¿ÊÒ Community. The tuition cost for the Center, while competitive, can be a barrier to some employees. To help mitigate this, a discounted1 rate will be offered annually for a limited number of full-time2 child openings, based on need and availability of openings.
Eligibility:
This two-tiered program is available to five benefits-eligible employees of the College. If interested in participating in the Employee Discount Program please forward your request to be considered, to Human Resources (HR), after your tax information is prepared any time before April 30, 2024. If you find that you are unable to follow through with your contract after that conversation, you may withdraw your contract from the Center with no penalty by April 30, 2024.
Tier One:
The discount (50% for 2024-25 contract year) is available for full-time opening slots or for multiple part-time slots in one family. Employees must have a combined adjusted gross income of $45,0003 or less. Eligibility will be reviewed on an annual basis by April 30 preceding the contract year or at such time a family reports a significant change to their earnings.
Tier Two:
The discount (25% for 2024-25 contract year) is available for full-time openings or for multiple part-time slots in one family. Employees must have a combined adjusted gross income of $90,0003 or less. Eligibility will be reviewed on an annual basis by April 30 preceding the contract year or at such time a family reports a significant change to their earnings.
Process:
Annually, the College will evaluate the availability of openings that will be eligible for the discount. Families who received the discount previously are considered for the next year and remaining discounted slots, if any, are offered on a first-come-first-serve basis as determined by the families’ application date to the Center.
- Once a spot in the Children’s Center has been offered to a family, the employee interested in receiving the discount will contact HR to determine income and employment status eligibility.
- The employee will provide HR with a copy of the latest federal tax form(s) showing combined family4 adjusted gross income (AGI) and/or will provide information regarding any extenuating circumstances that might be considered in the eligibility decision.
- HR will determine eligibility based on employment status and AGI.
- The Director of the Children’s Center is notified of the outcome by HR.
- If approved for the discount the Director of the Children’s Center makes a final determination based on the number of available discount slots and the families’ application date to the Center (e.g. first
1 Employee discounts are considered taxable income. The College grosses up the discounted amount and then covers both the gross up and tax all of which is included in the employee’s annual earnings. This will appear in the employee’s regular paycheck.
2Full-time or equivalent of (e.g. a family with one child five days per week or a family with more than one child, each part-time, equivalent to five days per week.)
3 The tier one and two rates are set to the College’s two lowest benefit salary tiers. The AGI threshold of families with multiple children concurrently enrolled at the Center will be reviewed on a case by case basis.
4Where there are two parents and they are filing separately both tax returns must be presented.