IMPORTANT Changes to your benefit elections due to a life-changing event must be made within 31 days of the event.

Dependent Status

Dependent Returns to School as a Full-time Student

 

Dependents between the ages of 19 to 25 need to be full-time students to have health care coverage through the Farm Credit Foundations Benefit Plans.

If a dependent enrolls in a college or university (or other accredited institution) as a full-time student, he/she is eligible to have health care coverage through Farm Credit Foundations. The Dependent's health care coverage would commence on the first day of class.

Farm Credit employees are responsible to notify their Benefits Contact or HR Representative to make the appropriate change.

 

To make changes to your health care plan:

1. Complete a Status Change Form
2. The form must be submitted within 31 days from the status change.  When you submit the form a copy is sent to your Human Resources or Benefit Contact.

Full-Time Student Status

Full-Time Student Status is determined by the college, university or accredited institution (i.e. does the college considers the student's credit load full-time?).

 

Accredited Institutions

Accredited Institutions are colleges, universities and/or other institutions that provide higher education and include but are not limited to earning a degree or certification.

 

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