- 4. Fringe Benefit Programs for Full-time Faculty4. Fringe Benefit Programs for Full-time Faculty
- a. Housing Program
- b. Retirement
- c. Group Health & Dental Insurance
- d. Employee Assistance Plan
- e. Group Life Insurance
- f. Long Term Disability Insurance
- g. Workers' Compensation Insurance
- h. Death Benefits
- i. Travel and Sojourn Insurance
- j. Benefits During Sabbatic Leave and Leave of Absence
- k. Family and Medical Leave
- l. Moving Expenses
- m. Grant-in-Aid Program
- n. The Amherst Plan
- o. Unemployment Compensation
- p. Computer Purchases
Dependent children of regular, full-time faculty members with five years of full-time service are eligible for the Grant-in-Aid benefit per academic semester.
Grant recipients must be legal dependents as defined by the IRS for Federal income tax purposes and must be enrolled as full-time undergraduates in an accredited two- or four-year college or university. Grants are made annually for a maximum of four academic years or eight academic semesters, or the equivalent, and are limited to the grant established for the year in question or the tuition of the institution attended, whichever is lower. Board, room, and other special fees are not covered by this grant.
Applications, along with a copy of current tuition charges, should be submitted to the Office of Human Resources no later than August 1st for the full academic year. Payments are made directly to the institution attended in two equal installments on or about August 15th and December 15th. Payment for the first and second semesters will be made after submission of the bill.
Children of eligible faculty members who retire or who die while employed will continue to receive the grant if the eligible dependent is currently enrolled at an accredited college or university at the time of death or retirement of the parent. Faculty members who otherwise separate from the College prior to the start of the semester will not be eligible to participate in the plan. Faculty who otherwise separate from the College during the semester will be responsible for refunding to the College a prorated share of the value of the Grant-in-Aid payment as determined by the College.
Applications and current program details may be obtained in the Office of Human Resources.