Save for Summer
Save for Summer Highlights
- Withhold flat, dollar amount of net pay
- Enroll using a paper form
- Withdraw at any time, receive held-back pay in the next paycheck
- Save for Summer Authorization Form
- Monthly Save for Summer Calculator
Workday offers a Save for Summer program for employees working in 9-month, 10-month, or 11-month Annual Work Periods. You can choose an amount to withhold from your net pay each monthly payday or from one or two biweekly paydays during working months. These funds provide paychecks during summer month(s) when you are not working. Withholding occurs after all deductions (e.g., TRS/ORP, FICA, FIT, parking, fees, garnishments) are taken.
Enrollment opens after September 1 each year and begins with the next available pay period. There are no catch-up options for prior months.Save for Summer Actions
- Complete and sign the Save for Summer form for all enrollments, updates, or cancellations, and email it to the address listed on the form.
- You choose the withholding amount from net pay; changes take effect on the next available pay period.
Enrollment Options
- Save for Summer 9: Payout in July, August, September
- Save for Summer 10: Payout in August, September
- Save for Summer 11: Payout in September
- Biweekly only: Final payout on last biweekly payday in August
Net Pay
- No automatic changes are made on your behalf; use the Active Participant Update section of the form to adjust your existing amount.
Enrollment & Cancellation
- You may enroll, update, or cancel anytime during the fiscal year by submitting the form. Note that if you choose to cancel participation you cannot re-enroll until the beginning of the next fiscal year.
A participating employee may choose to receive their accrued balance on the next available payday or during the originally selected summer payout month(s). Indicate your choice in the Cancellation section of the Save for Summer form.
Workday automatically re-enrolls employees in Save for Summer each fiscal year based on prior elections. To change your withholding amount or cancel participation, complete the appropriate section of the Save for Summer form and email it to the address listed on the form.
Summer Payments
Payments come from previously withheld net pay, so no taxes, benefits, or other deductions apply.
Monthly-Paid Employees – Summer 2026
- Save for Summer 9: July 1 (June), Aug 3 (July), Sept 1 (Aug)
- Save for Summer 10: Aug 3 (July), Sept 1 (Aug)
- Save for Summer 11: Sept 1 (Aug)
Biweekly-Paid Employees – Summer 2026
- Save for Summer 9: June 26, July 24, Aug 21 (closest to 1st of each month)
Yes. Save for Summer was created because our legacy system allowed only one direct deposit account. With Workday, you can add up to five different payment elections, such as checking or savings accounts, and direct a fixed dollar amount to a specific account—similar to Save for Summer.
Advantages of using payment elections instead of Save for Summer:
- Full control over your savings
- Potential to earn interest (funds in Save for Summer remain in TAMU accounts)
- Immediate access to funds if you stop saving or need money before summer
- Changes to accounts or amounts can be made anytime