Dartmouth College is establishing a Financial Hardship Fund (FHF) to offer financial assistance to those eligible employees affected by involuntary layoffs or reductions in hours. FHF payments will be made specifically for unmet financial needs not addressed through the layoff package and loan programs. Dartmouth employees, as well as other individuals and organizations, may contribute to the fund effective immediately.
FHF awards will be given as grants of up to $2,000 per person and will be treated as taxable income. Approval and distribution of FHF payments will be made by Crosby Benefit Systems, the current administrator of the College’s Flexible Spending Accounts and COBRA processes. The FHF will operate until April 1, 2012, as long as funds are available. Any remaining balance on that date will be applied to the existing emergency loan program for hourly employees.
Eligibility for the Financial Hardship Fund
Individuals will be eligible for the FHF if they:
Eligibility continues until the later of September 30, 2010, or one year from the date the affected individual was separated from employment or reduced in hours.
The application process for eligible individuals will be similar to that of the staff loan programs. Applications will be accepted beginning April 1, 2010. The FHF application form is available at http://www.dartmouth.edu/~hrs/pdfs/fhf_form.pdf or at the Office of Human Resources front desk. Demonstration of need not met by the layoff package or other benefits must be provided. Upon approval, payments to eligible recipients will be made by Crosby Benefits on either the 15th or the 30th of the month.
The completed application should be sent to Crosby Benefits via fax, mail, or email.
Fax: 617-928-0001
Email: servicecenter@crosbybenefits.com
Mailing Address: PO Box 929125
If you have questions regarding the status of your submitted application, please contact Crosby Benefits at 800-462-2235 or via email at servicecenter@crosbybenefits.com.
Contributors who would like to make a tax-deductible donation to the FHF may do so by sending a check (made out to “Dartmouth College Financial Hardship Fund”) to:
Dartmouth College
Gift Recording Office
6066 Development Office
Hanover, NH 03755-3555
Should you have questions about the FHF program, please contact the Office of Human Resources by phone at 603-646-3588 or via e-mail at human.resources@dartmouth.edu.
