007-3 Wyo. Code R. §§ 3-6 - Limitation of Benefits

(a) Payment of benefits under the plan is subject to the availability of funds. However, the following limitations shall apply:

(i) For authorized courses at an approved Wyoming public institution of higher education, payment may be made for up to the full cost of resident tuition and mandatory fees

(ii) For authorized courses at a Wyoming private institution of higher education, payment may be made for the lesser of the actual costs of resident tuition and mandatory fees or an amount equal to the average resident tuition and mandatory fee charges of all Wyoming public institutions of higher education for an undergraduate student enrolled for twelve (12) semester hours.

(b) If a member is enrolled less than full time, payment will be made on a proportional basis for up to the full cost of resident tuition and mandatory fees; and

(c) The Educational Assistance Plan may be used by the member to complete up to two (2) degrees. The member may also choose to transfer the benefit of one (1) of these degrees to an eligible DEERS dependent.

(i) The Educational Assistance Plan will not be transferred to a dependent who is current member of the Wyoming National Guard.

(ii) The member must continue to serve in the Wyoming National Guard during any period that the dependent uses the transferred Educational Assistance Plan.

(iii) Each degree program is subject to the limitations listed in accordance with W.S. 19-9-504 (a).

(iv) If a dependent has not begun an eligible degree program or educational objective using the transferred benefit, the dependent may return the benefit to the member.

Notes

007-3 Wyo. Code R. §§ 3-6

Adopted, Eff. 3/21/2018. Amended, Eff. 12/20/2023.