Employer Reimbursement

Most students are aware of scholarships, grants, and other forms of financial aid. Did you know that your employer might be able to help you fund your education, too? Here’s what you should know about this common benefit.

What is employer tuition assistance?

Many organizations offer tuition benefits for their employees, allowing workers to advance their careers while gaining relevant skills for their industry’s needs. While program specifications vary, most students pay their tuition bill and are then reimbursed by their employer.

Specific information you should ask your human resources department about include:

• Minimum grade requirements
• Eligible degree programs
• Ability to take classes during the workday
• Ability to decrease your workload for additional study time

In addition, some companies ask employees who use tuition reimbursement to remain with them for a certain period of time or else pay back the funds received.

How do you get employer assistance?

Talk to your supervisor and human resources representative to see if your organization offers tuition reimbursement and to get information about next steps. It can be helpful to schedule meetings where you can ask questions about how much tuition is covered and other requirements.

Once you understand the process and any paperwork needed, such as reimbursement forms and tuition receipts, you can plan out your finances for your program.

For more on how to leverage employer reimbursement benefits, check out our blog.