Recently, an email was sent out by the UIC administration that addressed the new, graduated rate of taxation for all graduate assistant tuition waivers. Rather than continuing to tax the graduate assistant tuition waivers over the amount of $5250 at the flat federal rate of 25%, the university will now tax it at a graduated rate (i.e. the more the tuition waiver is worth, it will then be taxed at a higher percentage rate).
In order to address these changes, the university has set up overview sessions to talk about what the changes mean and to answer any questions you may have about how this will affect you as a graduate assistant. The dates for the Chicago campus are February 24, from 9:00 a.m.-12:00 noon and February 29, 1:30 p.m.-4:30 p.m. There is also a webinar being held for all campuses on March 2nd from 9:30-11:30 a.m. You can register for the Tuition Waiver Overview Sessions at the following website: http://training.obfs.
The in-person sessions will all be held at the
Molecular Biology Research Building Auditorium (MBRB)
900 S. Ashland Ave
Chicago, IL 60612
Even though this waiver taxation affects only graduate assistants, it’s incredibly important that this issue is addressed and that the university administration properly handles any and all questions related to this matter. If you’re concerned about GA waiver taxation and want to learn more, we urge you to attend one of the sessions, as well as contact the GEO and let us know your concerns. Coming into the contract campaign this semester, GA waiver taxation could continue to be a major issue of concern for many of the GEO members.