Companies With Tuition Reimbursement Programs: Top Picks
Going back to school can be a daunting and expensive decision, but some companies offer tuition reimbursement programs to help alleviate the cost. These programs are designed to assist employees in furthering their education and advancing their careers. Here are some of the top picks for companies with tuition reimbursement programs:
1. Amazon
Amazon’s Career Choice program pays up to 95% of tuition and fees for courses related to in-demand fields. This program is available to both full-time and part-time employees who have been with the company for at least one year.
Benefits:
- Program covers tuition, textbooks, and fees
- Reimbursement up to $12,000 over four years
- No requirement to stay with Amazon after completing courses
2. Starbucks
Starbucks’ College Achievement Plan offers full tuition coverage for online bachelor’s degrees through Arizona State University’s online program. This program is available to all U.S. employees who work at least 20 hours per week.
Benefits:
- Full tuition coverage for eligible programs
- Access to a dedicated enrollment coach
- Reimbursement for textbooks and course materials
3. Bank of America
Bank of America’s Tuition Reimbursement program covers up to $5,250 annually for undergraduate and graduate courses. This program is available to all full-time and part-time employees who have been with the company for at least six months.
Benefits:
- Covers tuition and fees for eligible courses
- Reimbursement up to $5,250 annually
- No requirement to stay with Bank of America after completing courses
4. AT&T
AT&T’s Tuition Aid program provides up to $20,000 in tuition assistance for eligible courses at accredited institutions. This program is available to all full-time and part-time employees who have been with the company for at least six months.
Benefits:
- Covers tuition and fees for eligible courses
- Reimbursement up to $20,000 per year
- No requirement to stay with AT&T after completing courses
5. Verizon
Verizon’s Tuition Assistance program provides up to $8,000 per year for eligible undergraduate and graduate courses. This program is available to all full-time and part-time employees who have been with the company for at least six months.
Benefits:
- Covers tuition and fees for eligible courses
- Reimbursement up to $8,000 per year
- No requirement to stay with Verizon after completing courses
6. Intel
Intel’s Tuition Assistance program provides up to $50,000 in tuition assistance for eligible undergraduate and graduate courses. This program is available to all full-time and part-time employees who have been with the company for at least six months.
Benefits:
- Covers tuition and fees for eligible courses
- Reimbursement up to $50,000 total
- No requirement to stay with Intel after completing courses
7. Ford
Ford’s Tuition Assistance program provides up to $6,000 per year for eligible undergraduate and graduate courses. This program is available to all full-time and part-time employees who have been with the company for at least six months.
Benefits:
- Covers tuition and fees for eligible courses
- Reimbursement up to $6,000 per year
- No requirement to stay with Ford after completing courses
8. UPS
UPS’s Tuition Assistance program provides up to $5,250 per year for eligible undergraduate and graduate courses. This program is available to all part-time and full-time employees who have been with the company for at least one year.
Benefits:
- Covers tuition and fees for eligible courses
- Reimbursement up to $5,250 per year
- No requirement to stay with UPS after completing courses
9. Walmart
Walmart’s Live Better U program offers access to affordable degree and certificate programs through multiple universities. This program is available to all full-time and part-time employees who have been with the company for at least 90 days.
Benefits:
- Reimbursement for tuition and fees
- Discounted rates for eligible programs
- Access to a dedicated coach and academic advisors
10. Home Depot
Home Depot’s Tuition Reimbursement program provides up to $5,000 per year for eligible undergraduate and graduate courses. This program is available to all full-time and part-time employees who have been with the company for at least one year.
Benefits:
- Covers tuition and fees for eligible courses
- Reimbursement up to $5,000 per year
- No requirement to stay with Home Depot after completing courses
Conclusion
Tuition reimbursement programs can be a valuable benefit for employees looking to further their education and advance their careers. These programs not only help to alleviate the cost of education, but they also demonstrate a company’s commitment to investing in their employees. The companies listed above offer some of the best tuition reimbursement programs available, making them top picks for employees seeking educational opportunities.
FAQs
1. What is a tuition reimbursement program?
A tuition reimbursement program is a benefit provided by some companies to assist employees in furthering their education by covering some or all of the costs associated with tuition, fees, and textbooks for eligible courses.
2. Who is eligible for tuition reimbursement programs?
Eligibility for tuition reimbursement programs varies by company, but typically requires that employees have been with the company for a certain length of time (usually six months to one year) and are enrolled in eligible courses at accredited institutions.
3. How much can I receive through a tuition reimbursement program?
The amount of reimbursement varies by company and program, but can range from a few thousand dollars per year to tens of thousands of dollars over the course of an employee’s career.
4. Do I have to stay with the company after completing my courses?
Most tuition reimbursement programs do not require employees to stay with the company after completing their courses, but it’s always a good idea to check the program’s requirements before enrolling in any courses.
5. What types of courses are eligible for tuition reimbursement?
Eligible courses for tuition reimbursement vary by company and program, but usually include undergraduate and graduate courses related to an employee’s current or potential job duties.