Forms → Staff → Benefits → Student Debt Relief Fund for SEIU Local 500 Bargaining Unit Members
Form number: 442-1
Audience: SEIU Members
Last revised: December 2022
INSTRUCTIONS: Article 28 (I) Career Development and Training, of the Agreement Between SEIU Local 500, CTW and the Board of Education of Montgomery County, established a Student Debt Relief Fund for the benefit of MCPS employees covered under the Agreement to reimburse employees for personal student loan debt incurred prior to the member’s employment with MCPS, under rules agreed to by the parties. This fund is meant to pay for programs at universities, trade schools, training programs, and other institutes of learning that provide supporting service professionals education to improve their job performance and serve the MCPS community.
The goal is to provide assistance up to 5% of your original loan per year, paying off not more than 50% of the balance incurred prior to employment with MCPS, not to exceed your existing balance. The fund is a set amount each year and the goal is to serve as many supporting service employees as possible at a meaningful level.
To request this benefit, please complete, sign, and return this form, with all required documentation, by March 31. You may fax the signed form and required documentation to 301-279-3651 or 301-279-3642, or e-mail a PDF of the signed form and all attachments to ERSC@mcpsmd.org. Please only submit the form via one method. Submitting via multiple methods can cause errors and delay the processing of your submission. Applications that are incomplete, missing documentation, or unsigned will not be processed and will be returned to the employee.
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