Eligibility
- Full-time Faculty & Staff will be eligible for the Tuition Concession Program for eligible dependents after completing 3 years of full-time continuous service. If faculty/staff member satisfies eligibility requirement on or before Oct 1st then benefits are available for the fall semester (Feb 1st for spring semester).
- Eligible Dependents – children (including legally adopted, married, step children and eligible dependent children of a Faculty or Staff’s qualified domestic partner) must be less than 26 years old and substantially dependent upon the Faculty or Staff member. (The requirement of dependency is deemed to be satisfied if the child is claimed as a dependent exemption on the Faculty or Staff’s federal income tax return for the tax year in which the concession is granted).
Benefits if Eligible and Attending Wake Forest
- Must meet the admissions requirements
- Wake Forest pays 94% for tuition and academic fees
- Faculty/Staff members pay 6% for tuition and academic fees
- For undergraduate study only
- Does not apply if he/she already holds an undergraduate degree
- Dependent child must be under 26 years old
- Tuition benefit has taxable implications for dependent children of domestic partners (see policy for details)
Benefits if Eligible and Attending Other Institutions
- Must be enrolled in an undergraduate degree program
- $7,787.56 per academic year ($3,893.78/semester) for tuition and academic fees
- Applies to undergraduate study only
- Does not apply if he/she already holds an undergraduate degree
- 8 semester or 12 quarter maximum per dependent child
- Dependent child must be under 26 years old
- If both parents are eligible, the benefit is available to each, but may not exceed the total amount of tuition and academic fees
- Lifetime maximum per employee is 10 times the academic year limit
- Tuition benefit has taxable implications for dependent children of domestic partners (see policy for details)
