Save for Summer FAQs

Overview

Save for Summer Highlights

FAQs

What is "Save for Summer"?

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.

How do I enroll, update, or cancel Save for Summer? 

Save for Summer Actions

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.  A form must be submitted for any changes to take place; 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 in the program until the beginning of the next fiscal year.

When is my payout if I cancel Save for Summer enrollment?

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.

Is Save for Summer enrollment automatic next fiscal year?

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.

How are Save for Summer payments made during Summer 2026?

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)

How can an employee check their Save for Summer balance?

You can find instructions in the job aid My Save for Summer Balance Report located in Workday Help, accessible from your SSO Main Menu.

Are alternatives available to Save for Summer?

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