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[quote=Anonymous][quote=Anonymous]
As a MD resident I find this kind of shocking. Why should the university provide that kind of benefit to any employee with 5 years of service? It's meant to reward employees, and in the case of retirees long term employees (and usually retirees are using it to take a class here and there, not send their kids to college). That seems out of the norm for universities. What other costly benefits is the university system providing to people who have only been there 5 years and are able to retire? Given the budget and tuition pressures someone needs to look into this.[/quote]
I would not be surprised if this is actually a very affordable benefit for UMD.  First, would-be students need to get admitted before getting remission.  Second, they have to want to go to Maryland.  If an employee's kids don't, then it's a benefit that is never realized.  I expect UMD and the state have considerable information on what percentage of this benefit actually gets realized and factors that into their operating budget and benefits plan.

In addition, UMD in-state tuition is currently under $11k/year for College Park, and less elsewhere.  Depending on the rate that employees make use of this benefit, it might not be any greater cost than something typical like a 401k match.[/quote]

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