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Students can take courses in the evenings, on Saturdays, or even on-line, and it takes about two to six years to complete the degree. But if an LTPTE is permitted to receive employer contributions, those contributions are topic to a specific vesting rule that needs service crediting for any year immediately after 2021 in which the 500 hour requirement is met. The proposed regulation clarifies that the very first 12-month period begins on the initially day that an employee accrues an hour of service. The second 12-month period may perhaps commence on the anniversary of that date or on the 1st day of the subsequent program year.