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IMPORTANT

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

Dependent Status

Dependent Doing an Internship

 

Dependents between the ages of 19 to 25 need to be full-time students to have dental and vision coverage through the Farm Credit Foundations benefit plans. Dependents are eligible for medical coverage up to age 26 regardless of student status as long as they don’t have access to group health coverage through their employer.

If a dependent is participating in an internship as part of their graduation requirements, he or she may remain on Farm Credit Foundations dental and/or vision plan if the dependent's college or university considers the dependent to be a full time.


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.