Although employers are not obligated to help their employees finance higher education, some companies offer college dollars as part of their employee benefits package. Both employees and companies benefit from the training and education they receive in college.
19 Companies That Offer Tuition Reimbursement
According to September 2016, the following companies offer employee tuition assistance programs to U.S. workers. Generally, employees must submit an application for approval to participate in a tuition reimbursement program, and the terms, conditions, and restrictions vary from company to company.
Apple employees have access to a college tuition reimbursement program, which reimburses full-time employees for up to $5,200 in tuition, and subsidized refinancing of student loans after they graduate. This type of benefit is also offered by a number of other major technology companies.
Approximately 75 percent of employees’ approved training and educational pursuits are reimbursed by Chevron’s tuition assistance program.
3. Covenant Health
Covenant Health operates hospitals throughout eastern Tennessee from its Knoxville headquarters. For all courses related to the company’s job, the company reimburses its employees’ tuition as part of its continuing education program.
The tuition reimbursement program is an integral part of Dell’s talent management strategy. All tuition expenses at accredited schools, colleges, and universities related to team members’ jobs are reimbursed by the company.
If an employee wishes to obtain a higher education to move up within FedEx, they are eligible to apply for an educational assistance plan.
6. Gap, Inc.
A tuition assistance program is offered by Gap Inc. to its full-time employees, including Old Navy and Banana Republic employees.
7. General Mills
When it comes to offering leadership and career development opportunities, General Mills is on the cutting edge. Additionally, the company offers employees a variety of programs designed to help them reach their career goals.
Google provides tuition reimbursement to employees pursuing higher education in a field of study that is relevant to their jobs up to a maximum of $12,000 annually. Reimbursement is provided only for courses in which employees earn grades of A or B.
9. Best Buy
Best Buy offers tuition reimbursement benefits of up to $3500 per year for undergraduate and $5250 for graduate level courses (including the cost of textbooks) at approved colleges to full-time employees who have been with the company for at least six months.
10. JM Family Enterprises
JM Family Enterprises offers a generous educational assistance program for its employees. Up to $5,000 for undergraduate programs and up to $7,000 for graduate level programs may be utilized in areas of study that pertain to your job.
The company is headquartered in Deerfield Beach, Florida and operates a diverse group of automotive businesses including car dealerships, automotive finance companies and more in various locations throughout the United States.
11. J.M. Smucker
J.M. Smucker (the company behind Smucker’s jams and jellies) offers 100% tuition reimbursement program for company-approved college courses. The company also provides a $3,000 scholarship to ten children of employees each year.
12. Ohio State University
Like many colleges and universities, Ohio State University offers tuition assistance to full-time and some part-time employees who attend Ohio State, with a maximum benefit of $9,640 per term.
Major supermarket chain Publix has a generous tuition reimbursement program that is open to both full and part-time employees who enroll in college courses, technical programs of study, or degree programs that provide training that will be beneficial to their current position with the company.
Any associate who has been with the company for six months or more and who works ten hours per week or more, on average, is eligible for the program with a $3200 calendar year limit and $12,800 maximum limit. Supervisory approval is required.
Raytheon is known as a leader in the defense and intelligence industries. The company has a formal tuition reimbursement program. Employees must request pre-approval. The company will approve tuition and expenses and some fees for approved degree programs and college courses.
15. Southern Company
Southern Company, a major power company, includes tuition reimbursement towards courses relating to your career path of up to $5,000 per year.
Starbucks offers 100 percent reimbursement for courses attended online at Arizona State University by employees who work at least 20 hours per week at any company-operated store.
17. United Parcel Service (UPS)
UPS offers a tuition assistance program that is open to members of the company’s full-time workforce as well as to part-time union workers and part-time management employees.
The company also has an arrangement with Thomas Edison State College that allows employees to receive college credit that can be applied to the school’s online degree programs for certain corporate training completed with UPS.
18. The Home Depot
The Home Depot offers tuition reimbursement for all employees after 60 days of employment. Employees earn up to 50% reimbursement, with salaried employees allowed up to $5,000 reimbursement, full-time employees $3,000, and part-time employees $1500. Reimbursement can be put toward college courses, books, and fees, or language proficiency and IT certifications.
The tuition assistance program provided by Verizon provides up to $8,000 per year of reimbursement for job-related college courses.
Investigate Your Options
Even if you don’t work for one of the companies mentioned here, you may be eligible for a tuition assistance program at your company. Speak to your supervisor or human resource contact to find out if your company offers such a program and to find out what you need to do to be considered for participation.