All posts tagged: tax bill; MFA funding; tuition remission;

The Tax Bill and Graduate Students: What We Know as of December 2, 2017

I wish this post didn’t need to be written, but unfortunately, it’s a tumultuous time with regard to the future of funding for graduate students, including those pursuing an MFA. As many of you know, earlier this week, Republicans in the House passed a comprehensive tax bill, and last night, Republicans in the Senate passed a similar comprehensive tax bill in a 51-49 vote. The Senate and the House will now have to reconcile the differences in the two bills before creating a unified bill to pass on to President Trump, who will undoubtedly sign it into law. So how does this pertain to graduate students? Well, we’re not sure yet. The reason for this is because of a key difference between the tax bill passed by the House and that passed by the Senate. The provisions in the tax overhaul passed by the House would be detrimental for any graduate students in the United States receiving a tuition remission as part of their financial package (this is the case with most if not all …