If your child receives awards and scholarships from other sources, the Portable Tuition Benefit Plan benefit will be capped at the actual tuition liability net of all other awards. Proof of relationship, usually a birth certificate, must be presented. Proof of dependency, such as a tax return, may also be required. A dependent child will not be eligible for a benefit in any term that begins after he or she reaches age 25. The student must remain in good academic standing for the duration of the term for which the benefit is awarded.
Tuition means the actual fees charged for the academic program.
It does not include health services fees, student activity fees, laboratory fees, miscellaneous fees, room, board, books, or supplies. This benefit for an undergraduate educational program does not constitute taxable income under current IRS regulations with the exception that current regulations do not allow for the tax exemption of payments on behalf of dependent children of same-sex domestic partners. How to Apply for the Portable Tuition Benefit Plan You must apply for the Portable Tuition Benefit Plan each term. Secondly, you must furnish a birth certificate showing the name of your partner and the name of the child and the child s date of birth. A copy of an itemized bill from the college or university for the term for which you are seeking the benefit.