Define: Educational Assistance

How is Educational Assistance defined in a legal contract?

• Educational Assistance means reimbursement for tuition, fees, books or other expenses incurred by an employee when undertaking coursework at an educational institution or participating in a workshop, seminar, or conference. The employee's normal work responsibilities are not reduced. The assigned authority identifies these opportunities as contributing to the employee's growth and development in their existing role or a role they could reasonably be assigned to. Seen in 11 SEC filings
• Educational Assistance means the equivalent of awarded Scholarships. Seen in 5 SEC filings
• Educational Assistance means financial assistance provided by a business to an employee who is participating in a course. Here, assistance is synonymous with subsidies, contributions, or financial aid given to an employee's children by the employer, enabling or assisting those children to attend a recognized educational institution. This includes school fees, boarding fees, and other educational expenses paid by the employer for the education of the employee's children. Seen in 3 SEC filings
• Educational Assistance means the payment of expenses incurred by an eligible employee for their education, including but not limited to, tuition, fees, and similar payments, as well as related textbooks, supplies, and equipment. It excludes costs for tools or supplies that can be retained by the Participant after finishing their education course, costs of meals, lodging, or transportation related to attending any education course, and any course which teaches the Participant a sport, game, or hobby unless the course is a requirement of a degree program. Seen in 1 SEC filing

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of educational assistance' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

Educational Assistance means financial aid provided for an employee's course-related expenses, contributing to skill and knowledge growth.

Relevant Contract Types

• Employment Agreement
• Staff Development Contract
• Educational Training Agreement

Relevant Circumstances

• When an employee is pursuing further education.
• When an employee is attending a seminar, workshop or conference.

Relevant Sectors

• Corporate Sector
• Government Sector
• Education Sector

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Genie Definition 2

Educational Assistance means financial support granted to an employee's children for education at a certified institution.

Relevant Contract Types

• Employee Benefits Agreement
• Scholarship Agreement

Relevant Circumstances

• When an employer is supporting the education of an employee's children.
• When an employee's children attend a recognized educational institution.

Relevant Sectors

• Corporate Sector
• Education Sector

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