Financial wellness plays an important part in our overall wellness. We offer several ways to help you achieve financial wellness: |
Tuition Waiver – Take a class in a subject you are interested in or make your goal of completing your degree a reality. The Office of Human Resources, in conjunction with the Finance Office, administers a tuition waiver program, which allows the University of Mary Washington employee to complete credit and non-credit courses at the University of Mary Washington. |
UMW Compensation Estimator – The University has put together an interactive Total Compensation Estimator which is available to both current and prospective employees. The Total Compensation Estimator provides a more complete picture of the estimated value of your total compensation package at UMW. |
UMW Scholarships for Children of Faculty and Staff – There are many scholarship opportunities at UMW. |
Virginia 529 – Start saving early and often; learn how to start your college savings with the Virginia 529. |
Child Care Subsidy Program – We have partnered with Kids’ Station, a child care facility located on the Mary Washington Hospital campus, to subsidize the cost of child care for infant, toddler, and preschool age children of UMW employees. |
Campus Visits – Visits from vendors tend to happen quarterly and offer financial planning. All visits are on the Announcements page and published in Eagle Eye. Links to Vendors |
Virginia State Employee Loan Program – The program links a financial fitness education program with loans of up to $500 for a six-month period. |
457 Plan Information – The 457 plan is a type of retirement plan that is available for governmental and certain non-governmental employers in the United States. The employer provides the plan and the employee defers compensation into it on a pre-tax basis. |
403b-Providers List – A 403(b) plan, also known as a tax-sheltered annuity (TSA) plan, is a retirement plan for certain employees of public schools, employees of certain tax-exempt organizations, and certain ministers. |