Requirements & Eligibility

NTAB Eligibility Requirements:

  • One year of continuous full-time employment at the time of applying for the NTAB (effective September 1, 2021)
  • Be employed full time (minimum 30 hours per week) and remain in good standing (not on a performance improvement plan) while receiving the NTAB;
  • Be accepted into a degree-seeking program in Nursing (BSN or MSN) in a program of study accredited by the Accreditation Commission for Education in Nursing (ACEN) and/or the Commission on Collegiate Nursing Education (CCNE) and is approved by the Tennessee State Board of Nursing.

Program Components

  1. Program is based on a fiscal year calendar (July 1-June 30)
  2. Participation in the HR tuition benefit is required each semester
  3. The nursing benefit will cover $8,000 per fiscal year not to exceed $24,000 per staff member
  4. A minimum grade of “C-“ or “Pass” is required for reimbursement
  5. The NTAB can only be used for either a Bachelor's or Master's Degree in Nursing; Doctoral studies are not covered. Degree programs are covered (not certificate programs).
     

Taxability

The Nursing Tuition Assistance Benefit awarded to employees of VUMC is subject to all applicable federal tax laws.  This educational assistance arrangement may be deemed a working condition fringe benefit under applicable provisions of the Federal Tax Code in the sole discretion of Vanderbilt University.  Vanderbilt University determines, for each course for which this benefit is sought, whether the course work itself is deemed necessary to enhance or maintain the employee's occupational skills in rendering employment services to Vanderbilt University.  In addition, Vanderbilt University determines whether any course work may qualify the recipient for a new trade, business, or occupation.  Course work that does not meet the criteria as needed to enhance or maintain employment skills or that may qualify the employee for a new trade, business, or occupation, may be reimbursed or paid on behalf of the employee at the discretion of Vanderbilt University, but may be regarded and reported as a taxable benefit to the employee.  However, course work that Vanderbilt University determines will enhance or maintain employment skills and would not qualify the employee for a new trade, business, or occupation, may be reimbursed without tax consequences to the recipient of the benefit under this policy.  Vanderbilt University does not provide individual tax advice or counsel.  Staff members are encouraged to seek and obtain their own tax advice and counsel.