IMPORTANT: Do not attempt to enroll in payroll deduction until AFTER you have enrolled in the annual insurance plan for the applicable academic year. The student insurance fee on your student account does not confirm you have enrolled in the insurance plan unless you take action to enroll.
Graduate students enrolled in the student health insurance annual plan are eligible for the payment option by payroll deduction provided they meet the following criteria:
If you are a full-time graduate student who receives a stipend of at least $5,000.00 or more per year and you are enrolled in the annual insurance plan for the applicable academic school year, you may be eligible to have your insurance premium charges on your Rice Student account deducted from your stipend checks.
- The medical insurance premium, less any insurance subsidy (if eligible), will be deducted in equal amounts over 16 paychecks.
- Deductions begin with the September 15 paycheck and end with the April 30 paycheck the following year.
- For any missed payroll deductions, there will be a balance due on your student account and payment is due immediately to the Cashier's Office.
- Deductions do not meet the IRS section 125 exclusion for an employee medical plan; therefore, these are after-tax deductions.
The Payroll Deduction application is now available and will close on 8/28/2020.