Academic Bonus

Metropolitan College instituted an academic based bonus program in the Summer 2002 semester for all students attending a Metropolitan College participating school: JCTC or U of L.

Semester Completion Bonus

Each student that successfully completes 6 or more credit hours (including coursework below 100 level) in a fall or spring semester and remains employed for the duration of the semester contract period will receive a semester completion bonus. Successful completion is defined as earned grades of A, B, C, P or S. Semester completion bonuses are not awarded for summer sessions although courses taken during summer sessions may be counted toward the cumulative number of credit hours completed for milestone and graduation bonuses. There are two types of semester completion bonuses available.

• Successful completion of 6 or more hours with no withdrawals, incompletes, failures or grade of D - $850.00 (approximately $500.00 after tax withholding)
• Successful completion of 6 or more hours with withdrawals, incompletes, failures or grade of D - $575.00 (approximately $343.00 after tax withholding)

Academic Milestone Bonus

The milestone bonus is based on a student’s accumulation of credit hours in the MC program. There will not be back payment given for milestones reached prior to the start of this bonus program. All credit hour accumulation began in the Summer 2002 semester. In order to receive the milestone bonus, students must be actively employed at UPS for at least three consecutive Metropolitan College contract periods and remain active on the UPS payroll, and, complete the specified number of credit hours (at or above the 100 level and below the 600 level) for each milestone.There are three types of academic milestone bonuses available.

• Successful completion of 30-hour milestone - $1,000.00 (approximately $597.00 after tax withholding)
• Successful completion of 60-hour milestone - $1,000.00 (approximately $597.00 after tax withholding)
• Successful completion of 90-hour milestone - $1,000.00 (approximately $597.00 after tax withholding)

Graduation Bonus

Metropolitan College also gives a bonus to students who graduate with an undergraduate diploma or degree. In order to qualify for the graduation bonus, students must be actively employed at UPS for at least six consecutive Metropolitan College contract periods, and complete a diploma, associate degree, or baccalaureate degree. Graduation bonuses will not be awarded for the completion of any degree beyond the baccalaureate level.

• Completion of an associate degree or diploma - $675.00 (approximately $403.00 after tax withholding)
• Completion of a baccalaureate degree with associate degree - $1,675.00 (approximately $1,000.00 after tax withholding)
• Completion of a baccalaureate without associate degree - $2,350.00 (approximately $1404.00 after tax withholding)

Semester Bonus Limit

Effective with the fall 2009 semester, the maximum number of semester completion bonuses will be limited to 10.

• The maximum number of 10 semester completion bonuses includes all bonuses previously received while participating in the program.
• Students, who have already received 10 or more semester completion bonuses, will not receive additional bonuses after the spring 2009 semester. All eligible students will continue to receive semester completion bonuses until they reach the maximum of 10.

If you have questions regarding the Metropolitan College Bonus program, please contact Kim Saylor at (502) 213-4525 between the hours of 9 a.m. and 5 p.m. Monday through Wednesday.

*Bonus amounts effective fall 2009.

*Repeated courses will only count once toward Milestone and Graduation Bonuses.

*Graduate students are only eligible for semester completion bonuses.

*Only one associate and one baccalaureate bonus will be awarded.