Graduate students on assistantship are eligible for the bonus if:
- they were employed (GA, GRA, GTA, faculty, or staff) during the 2009-10 fiscal year, and
- are contracted as a graduate assistant (GA, GRA, GTA) on December 1st, 2010.
The bonus will be 3% of the graduate student’s projected annual pay as of December 1st, 2010, based on an academic year or calendar year basis. The graduate student’s 2009-10 employment history will determine an academic or calendar year appointment basis. The bonus will be included in the December 1st, 2010 paycheck. Applicable taxes and deductions will apply.
The fund source of the bonus will correspond to the fund source of the current year stipend. The E&G support for the bonus will be provided to departments through a one-time budget allocation. The Office of Budget and Financial Planning will be working with auxiliary enterprises to address the cost within existing resources. Externally sponsored grants & contracts should also expect the cost; it is hoped that the planned stipend escalation factor will accommodate the one-time cost.
For questions please contact Tim Hodge in the Office of Budget and Financial Planning.