Schools that have acquired tax-exempt status as a 501(c)3 are required to follow certain
guidelines prescribing how a non-profit gives out money. Two important requirements
are that they have written policies guiding how recipients qualify for a gift, and if the gift
is tuition assistance, that they follow the same criteria and utilize the same formulas for
each applicant. Please read our full blog article, "Is Your Tuition Assistance Program Legal?"