20+ Years and Over $30M, the Local 727 Legal & Educational Assistance Fund Continues to Help Make College More Affordable
This year, the Teamsters Local 727 Legal and Educational Assistance Fund awarded more than $2.5 million in college tuition and educational fee reimbursements to hundreds of eligible participants, their spouses, and dependents. Over the program’s 20+ year history, the Teamsters Local 727 Legal and Educational Assistance Fund Board of Trustees have distributed over $30 million in Educational Assistance Benefits to participants and their families.
Each school year, the Teamsters Local 727 Legal and Educational Assistance Fund Board of Trustees allocates funds to provide college tuition reimbursements to eligible participants and their family members who are full-time students at accredited colleges or universities. Participants, their spouses, and eligible dependents who have incurred tuition and educational fee expenses over the previous school year, may receive up to $10,000 in reimbursements per year per student. Participants who attend an accredited college or university on a part-time basis may apply to receive up to $2,500 in tuition reimbursement each year.
“Because of the strength and stability of our benefit funds, this year our program was able to distribute more than double the amount of funds handed out by the IBT’s James R. Hoffa Memorial Scholarship Fund. Hearing from our members of the impact these funds have had on them and their families is truly awe-inspiring,” said Local 727 Secretary-Treasurer and Legal and Educational Assistance Fund Chairman John Coli, Jr. “We couldn’t be prouder to be able to offer this incredible benefit to so many of the hardworking families in our Union. I am deeply honored and proud to count myself a member of this great Union.”
Please note, in order to be eligible for this benefit your contract must require your employer to pay contributions to the Legal and Educational Assistance Fund on your behalf. If you are uncertain of your, your spouse, or your dependent’s eligibility, please contact the Local 727 Benefit Funds Office at (773) 685-0340.
Category: BENEFIT FUNDS, Union News