Payroll Deduction of Medical Insurance Premiums

In order to alleviate the financial burden of the cost of health insurance, Rice offers a payroll deduction option for graduate students meeting these criteria:

• Full time graduate student
• Receiving a Rice stipend of at least $5,000 per academic year over both fall and spring semesters
• Enrolled in the annual Rice medical insurance plan

In the payroll deduction option, insurance premiums will be taken in 15 equal deductions from the student’s stipend checks, beginning with the September 30th check and ending with the April 30th check.

If, for any reason, the student’s stipend ends before the premiums have all been collected, the student is responsible for paying the balance due.

Graduate students should look for this option when enrolling on-line for the Rice student health insurance plan.