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23 Companies That Will Pay for Your College Degree Updated: December 22, 2017
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Many people face tough decisions when it comes to funding their educational goals. Grants and
scholarships will only go so far. Save Money. Skip Coupons. 8 Why not consider working for a company that’ll help fund your degree while you earn money? Unexpected Ways to Shop Smarter.
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Here’s our list of some of the biggest tuition-friendly companies out there:
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1. Starbucks offers full tuition coverage for employees’ bachelor’s degrees.
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Via @sbux5884reserve In June 2014, Starbucks launched their Starbucks College Achievement Plan (SCAP) in partnership with Arizona State University. Both eligible full- and part-time employees who have worked for three months and at least 20 hours per week can receive full tuition reimbursement for every year of college to earn their first bachelor’s degree. Full tuition coverage is available for all four years of study with no commitment to stay with Starbucks after graduation. How awesome is that?! Bonus: If the employee happens to be a military member or veteran, Starbucks will offer the same SCAP benefit to a qualifying family member of their choice — aka send your child to college for free!
2. UPS offers up to $25,000 in tuition assistance.
Via @ups In 2014, UPS provided $16 million in tuition support to about 14,000 students, and since the program started in 1999, they have given over $200 million in tuition assistance. In a part-time position, you can get tuition help thanks to the Education Assistance program earning $5,250 per calendar year with a lifetime maximum of $25,000 in assistance. Eligibility beings the day you’re hired. Additionally, employees can take advantage of UPS training programs for career advancement within the company.
3. Publix will pay up to $12,800 in tuition reimbursement after six months.
Via @publix Any employee with six months of continuous service who also works an average of 10 hours a week — as well as full-time employees — are eligible to participate in Publix’s tuition reimbursement program. Classes that directly affect your ability to perform the current job and occupational or technical programs to help prepare you for a future role within the company are covered. Employees enrolled in a four-year college or university may be reimbursed up to $3,200 annually, with a lifetime limit of $12,800. Employees enrolled in undergraduate courses at a two-year community college, technical program or individual course program may be reimbursed up to $1,700 annually, with a lifetime limit of $3,400.
4. Intel’s tuition assistance program offers 100% reimbursement.
While technology giant Intel provides its own in-house training organization called Intel University that offers over 7,000 courses to help foster workers’ career goals, employees may also qualify for financial assistance for work-related courses outside of Intel as well. Their tuition assistance program offers 100% of reimbursable costs ($50,000/program with no annual limit) including tuition, books, and certain fees.
5. Fidelity offers 90% tuition reimbursement.
Via @fidelityjobs Full-time employees with at least six months of service are eligible for the Tuition Reimbursement Program which covers 90% of certain costs up to $10,000 per year. These courses must be at an accredited college or university that is work-related or part of a work-related degree or certification program. Bonus: Fidelity will offer a $2,000 annual contribution up to $10,000 to help pay down student loans.
6. Procter & Gamble will pay up to $40,000 in tuition and fees for pre-approved courses.
Employees wishing to expand their education can take advantage of Procter & Gamble’s tuition reimbursement program that offers 80% reimbursement of pre-approved tuition and fees with a lifetime cap of $40,000 (wow!). Courses/programs must be related to current or potential positions within the company.
7. Smucker’s offers up to 100% tuition reimbursement for company-approved college courses.
While the J.M. Smucker career & benefits page is somewhat sparse on the exact details and requirements as to how their tuition assistance program works, they do state that they offer employees up to 100% reimbursement of tuition costs for company-approved college courses along with offering a renewable $3,000 scholarship program for children of employees.
8. Deloitte offers full tuition reimbursement for graduate studies after two years of employment.
Via Talent Daily While their site provides little detail on their regular Tuition Reimbursement Program, Glassdoor reports that the reimbursement program is $10,000 a year after one year of employment. However, for “top performing professionals,” Deloitte offers a Graduate School Assistance Program that offers participants full tuition reimbursement after two years of employment — postgraduate school — along with a “technology allowance” for computer-related purchases, and an opportunity to return as a Senior Consultant. Deloitte also negotiates discounts for graduate school entrance exam preparation classes. Bonus: Deloitte offers a student loan consolidation and refinancing program in which employees can combine their existing loans into a single loan with one monthly payment.
9. AT&T offers $20,00-$25,000 maximum in tuition reimbursement after one year of work.
Via Levo After one year with the company, non-management employees are eligible for numerous degree programs including management, human resources, marketing, business, communications, economics and more. AT&T will pay up to $3,500 per year for approved courses and other related expenses. Undergraduate students can receive up to $20,000 in tuition assistance in a lifetime, and those obtaining a graduate degree can receive up to $25,000 during their time with the company.
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10. Bank of America will cover 100% of tuition related expenses.
Via Glassdoor Associates who have been employed for six months and work at least 20 hours a week are eligible for these perks. Students must attend an accredited school listed in the American Council on Education publication. Under this program, 100% of tuition-related expenses — up to $5,250 per year — will be reimbursed for both undergraduate and graduate programs.
11. BP offers up to 90% reimbursement of tuition, books, and other fees.
BP offers an Educational Assistance Program that assists employees with education that “benefits both the employee and the Company.” Full-time employees are eligible for education assistance immediately upon hire, and BP offers up to 90% reimbursement of tuition, books and other qualified expenses through an accredited institution up to a maximum of $5,250 annually. If you’re interested, keep in mind you must get approval before registering and must complete courses with a “C” or higher or a “Pass” grade to be eligible for reimbursement. Bonus: BP also covers proficiency exams like the CLEP and will reimburse a license or certification test fee (a test to become a certified public accountant or licensed to practice law), provided the employee passes said test or exam.
12. Raytheon gives full-time employees up to $10,000 in tuition assistance each year.
Raytheon’s educational assistance program provides employees reimbursement for approved courses and accredited certificate/degree programs relevant to their position within the company. Full-time employees are eligible for up to $10,000 in assistance each year. Raytheon also provides scholarships for employees’ children through their Raytheon Scholars Program.
13. Verizon Wireless will pay up to $8,000 a year in tuition assistance.
Via @vzwbecky In 2015, Verizon provided $94.1 million in tuition assistance to their employees. According to Verizon’s Tuition Assistance Program, employees can get reimbursement and assistance for approved courses or degree programs taken through an accredited institution. Eligible employees can receive $8,000 a year towards a degree or certificate to help further their career with Verizon, intimating that employees might need to take appropriate business-related classes to qualify.
14. Chevron will pay up to 75% of tuition, books, and fees.
Chevron employees can receive educational support benefits up to 75% of the costs of tuition, books, and qualified fees for approved courses. An employee writing on Glassdoor notes that to qualify for Chevron’s tuition support, your education must be relatable to your position or career plans for a future position within the Company. Bonus: Chevron offers a college scholarship program for dependents.
15. Fiat Chrysler Automobiles will pay up to $5,000 in tuition assistance for job-related courses.
The UAW-Chrysler Tuition Assistance Program (TAP) offers eligible, active employees tuition assistance when taking job-related courses through accredited educational institutions that have been pre-approved by the TAP committee. Payment for tuition and fees is made directly to the institution by voucher or as a reimbursement to the employee. If qualified, employees receive up to $5,000 per year for tuition and fees, including a $200 book allowance for degree related books. Bonus: Dependents of eligible Fiat Chrysler employees are also eligible for a scholarship.
16. Comcast will offer up to $5,750 per year in assistance.
Comcast’s Education Assistance Program will reimburse approved tuition, books, and other fees up to $5,000 per year. The program is offered to all full-time employees who have been employed for at least six months and who have completed a TAP-funded class. Employees must stay with Comcast for at least one year or reimburse the company for the cost of the class.
17. Qualcomm offers up to $5,250 per year in tuition assistance.
Via San Diego Metro Eligible employees may receive reimbursements based on the approved program of study. For continuing education, two-year degrees, four-year undergraduate degrees or certified programs, employees may get up to $5,250 per year. For graduate and post-graduate degree programs, employees may get $10,125 per year. Better grades equals better rates. Check it out:
18. Home Depot offers between $3,000 and $5,000 per year in tuition assistance.
Via @HomeDepot1222 Tuition reimbursement is offered to Home Depot associates after 90 days of service. Part-time hourly employees in this program receive up to $1,500 per year, full-time hourly employees receive up to $3,000 per year, and salaried employees up to $5,000 per year. Half of their reimbursement goes toward books and course fees, and the other half covers tuition-related fees.
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19. Best Buy offers $3,500 for undergraduate expenses and $5,250 for post-graduate courses.
Via Kununu To be eligible, you must be an active, full-time employee working at least 32 hours a week and have completed six months of employment. Best Buy will reimburse up to $3,500 per year for approved expenses and $5,250 for graduate-level course work.
20. Chiptole offers up to 99% in assistance for college costs.
Via @chipotlemexicangrill Full-time and part-time employees at Chipotle are eligible for the Educational Assistance Program offered through Guild Education that provides up to $5,250 in tuition assistance and up to $5,185 in federal grants each year. Plus, you can earn a third of your degree without going into a classroom, ever! Every time you get a promotion, you’ll earn credit hours towards the degree. A full-time employee who has worked at least 180 days is eligible.
21. Baxter offers up to $5,250 per year in educational assistance.
Via Baxter Baxter’s Educational Assistance Program will reimburse up to $5,250 per year for undergraduate courses at an accredited college. They also offer another program, which requires a manager’s approval, that can provide tuition assistance for graduate coursework.
22. Oracle offers up to $5,250 per year in reimbursement.
Via @oracle All regular, full-time employees are eligible to participate in the Education Tuition Reimbursement Program. The course of study must be related to your current job or anticipated job within the company, and you must pass the course with a grade of a “B-” or better.
23. Wells Fargo reimburses eligible tuition expenses up to $5,000 annually.
Via Huffington Post While there’s not much information as to the maximum limit or what is considered “eligible tuition expenses,” we do know Wells Fargo will offer up to $5,000 annually as well as scholarship opportunities for your children. There are several scholarships offered each year, and they range from $1,000 to $3,000.
Other employers that will help with costs: Google Chegg Capital One Boeing JetBlue Ann Taylor Applied Materials
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18 thoughts on "23 Companies That Will Pay for Your College Degree" EMMANUEL ADZOGBLE
01/30/2018 at 6:48 AM
Which University and which country Reply
EMMANUEL ADZOGBLE
01/30/2018 at 6:46 AM
How can I apply Reply
EMMANUEL ADZOGBLE
01/30/2018 at 6:44 AM
I am interested in the master program but do not have money to pay the fee's myself Reply
EA
01/06/2018 at 3:01 PM
Is there any tuitions for pre med. Reply
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