Who can use it?
Students, Faculty, Staff
What is it?
The Home Purchase Assistance Program provides a one-time $5,000 payment to full-time benefited exempt employees to be paid after settlement via Payroll on the purchase of a primary residence.
Where to get it?
Click on the Request Service Button
How to use it?
The payment will be taxable income to the employee in the year paid and federal, state and local taxes will be withheld, as appropriate. No more than $5,000 shall be made available per home purchase, regardless of the number of eligible employees owning and residing in the home. The residence must be within commutable distance (50 miles) to campus and must be financed not gifted.
What are the charges, options & fees?
There is no charge for this service