College Savings Plan (Full-Time and Part-Time)

The United College Savings Plan is designed for our company to partner with our team members who wish to further their education at any two- or four-year college or university. A team member who has completed 90 days of service may invest from his/her weekly paycheck an after-tax amount ranging from $5 to $10. The contribution will be deducted on a weekly basis and placed in the team member's account. Fifty percent of this amount will be matched by United Supermarkets. The team member will be 50 percent vested in the company match after one year of continuous service and 100 percent vested after two years of continuous service. The match is earned by completing a college semester with a minimum cumulative GPA of 2.5. Human Resources must receive a copy of the transcript before a check will be issued. Checks are issued on the first and 15th of each month. The matching contributions made by the company are taxable to the team member in the year in which they are paid.

The United College Savings Plan is available to all team members, including high school students. The plan is only available for company team members. The plan will not reimburse tuition bills for dependents of a team member.

Team members participating in the United College Savings Plan may also be eligible for a scholarship. Each summer, the company presents one scholarship to a team member from each region. To apply for the scholarship, request an application from your Store Director.

To enroll in the College Savings Plan, complete the Enrollment Form and submit to your supervisor or the Store Support Center. To request a change to your College Savings Plan account (change deduction amount, request withdrawal, etc.), complete the Change Form and submit to your supervisor or the Store Support Center. Please note, to receive United's match when withdrawing funds, you must submit your tuition receipt and transcript showing a GPA of 2.5 or higher.

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