Summer FICA Policy

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PLEASE INFORM YOUR STUDENTS AND SUPERVISORS OF THIS FICA POLICY

General Policy:

Students who are employed at Boston University during the summer and are not enrolled/taking classes are subject to FICA withholdings.

FICA Exemption Policy:

  • Any international students who have been present in the United States for less than 5 years.

 

  • During summer 2014 FICA will be withheld from all student employees, except for those international students who have been present in the United States for less than 5 years.

FICA Rebate Criteria:

Students who meet one of the following criteria will receive a FICA rebate.

  • An enrolled graduate student certified full or part-time on the Registrar’s file for SUM2 based on program requirements.
  • A graduate student enrolled in an 11 week research course with a full or part-time   certification code in SUM1.
  • A graduate or undergraduate student enrolled in an 11 week (non-research) summer course for a minimum of 6 credit hours in SUM1.
  • A graduate or undergraduate student who was enrolled for a minimum of 6 credit hours over both the SUM1 and SUM2 semesters (credits must be accumulated in both semesters) will be eligible to receive a FICA rebate. See EXAMPLE:

EXAMPLE:

Rebate   Eligibility

Summer 1   Enrollment

Summer 2   Enrollment

Eligible

4 Credits

4 Credits

Eligible

2 Credits

4 Credits

Not Eligible

0 Credits

8 Credits

Not Eligible

6 Credits

0 Credits

 

Please inform those students working in your department of this policy.  This policy may also be found on our website at http://www.bu.edu/seo/payroll/policies/summer-fica/.

The FICA rebate schedule for this summer has not yet been finalized.

 

IMPORTANT REMINDERS

The first summer payment for weekly-salaried students is May 9 and the first summer payment for hourly paid students is May 30.  FICA will be withheld according to above criteria.  

Students who are eligible to receive a FICA rebate must not work in excess of 39 hours per week.  Working in excess of 39 hours per week on a regular basis (more than 3 weeks) will invalidate a student’s eligibility to receive a FICA rebate. 

Again, please inform those students and supervisors working in your department of this policy.