Teamsters Local 727 Legal & Educational Assistance Fund Awards $3.1 Million in College Tuition Reimbursement
The Teamsters Local 727 Legal and Educational Assistance Fund awarded a record-setting $3.1 million in college tuition and educational fee reimbursements this month to hundreds of eligible participants, their spouses, and dependents.
Since the program’s inception in 1999, the Teamsters Local 727 Legal and Educational Assistance Fund Board of Trustees have distributed over $27 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 for eligible participants and their eligible family members who are full-time students at accredited colleges or universities. Participants, their spouses, and eligible dependents under the age of twenty-seven who have incurred tuition and educational fee expenses over the previous school year and submitted a complete and timely application, including transcripts and expense documentation, 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 (i.e. complete between 12 and 24 credit hours per academic year) may also apply to receive up to $2,500 in tuition reimbursement each year.
“We are extremely proud to be able to distribute to participants nearly double the amount of funds handed out by the IBT’s James R. Hoffa Memorial Scholarship Fund each year,” said Local 727 Secretary-Treasurer and Local 727 Benefit Fund Trustee John Coli, Jr. “It’s incredible to hear from our members the impact that these funds have had on their family’s lives. It makes us all truly proud to count ourselves members 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, SCHOLARSHIPS, Union News
