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There must be an agreement in place between the SM������, Inc. and Elevance Health. (“Company”) (hereinafter “Agreement”) for current employees to receive the tuition benefits set forth below (hereinafter referred to as the “Benefits”).

Eligibility
To be eligible for the Benefits, employees must (i) be and remain employed with Elevance Health; (ii) be eligible for and abide by all terms and conditions of Elevance Health.’s tuition assistance policy as determined byElevance Health.; and (iii) must maintain attendance with the University defined as not taking a break longer than 365 days (hereinafter “Participating Employees”).

Participating Employees who are new students and self-identify as an Elevance Health. employee in the University’s student portal (or through any other method of verification the University may require) after the Agreement effective date will receive the benefits set forth below, so long as the Agreement is in effect and has not been terminated. For those Participating Employees who are currently enrolled and already self-identified with the University, the Benefits will apply to your next course and will not be applied retroactively.

The Benefits will apply to Participating Employees who are receiving the standard University tuition rate and cannot be combined with any Alumni or Associate Transfer tuition rates, competency-based programs such as the MBA-CB program or other competency-based programs the University may offer in its discretion, any other University offer or promotion or any other specific program exclusions set forth in the Academic Catalog. For Clarification, nothing contained herein is intended to prohibit Participating Employees to enroll in these programs or use of any Client tuition assistance toward the excluded items listed above.

Participating Employees are subject to the University's admission and academic policies and procedures.

Undergraduate Courses
Participating Employees may take up to eight (8) courses subject to course availability and University’s policy for a total tuition cap of $5,250 per Calendar Year (defined as January 1st through December 31st). Any courses over eight (8) in a Calendar Year will be charged to the Participating Employee at the then current tuition rate for the undergraduate degree program.

Master’s Courses
Participating Employees may take up to five (5) courses within any one Calendar Year, for a total tuition cap of $5,250 per Calendar Year. Any courses over five (5) in a Calendar Year will be charged to the Participating Employee at the then current tuition rate for the Master’s degree program.

Doctoral Courses
Participating Employees may take up to three (3) courses within any one Calendar Year, for a total tuition cap of $5,250 per Calendar Year. Any courses over three (3) in a Calendar Year will be charged to the Participating Employee at the then current tuition rate for the Doctoral degree program.

Resource Fees (electronic course material fees and books)
University will waive resource fees on tuition assistance approved credit-bearing single courses, certificates, associate, bachelor’s, master’s, and doctoral courses until program completion.

Billing
Taking more courses than the maximum allotted amount for each tuition cap in a Calendar Year will result in additional tuition charges. Please check with Elevance Health.’s tuition assistance policy for further information regarding your billing options and payment details with respect to the Benefits.

Please note: For students using VA benefits, certification of a course solely for monthly housing allowance will use a month of benefit entitlement.

Term and Termination
If the Agreement is terminated Benefits will immediately cease and will no longer be available to Participating Employees. Participating Employees enrolled in the University as of the termination date will be responsible for payment of all fees and tuition costs (at the then current tuition rate) for their next course and the remainder of their program in accordance with University financial policies and procedures.