Companies with Tuition Reimbursement
Many companies today understand the financial hardships that come from pursuing higher education. There is a generation of young adults who carry massive amounts of student loan debt, and some forward-thinking companies are taking steps to fix that.
With tuition assistance, companies generally put money forward once your enrollment is verified. More often than not, however, companies will offer tuition reimbursement, meaning they will pay you back once you complete courses over a semester. This shields them from employees who may withdraw from classes in the middle of a semester.
Here is a list of companies that offer tuition reimbursement or assistance. Dollar amounts are approximate and subject to change.
Amazon
Amazon’s Career Choice – “Amazon will pay up to 95% of tuition and fees, up to a yearly maximum, towards a certificate or diploma in qualified fields of study.”
AT&T
AT&T Non-Management Tuition Assistance Plan
BP
BP Educational Assistance (90% of costs) is behind an employee login wall. Ask your supervisor about this option or login to learn more.
Baxter
Capital One
Capital One’s education assistance program
CarMax
CarMax Tuition Assistance Policy
Chipotle
CVS
Fidelity
Fidelity Student Loan Assistance—Fidelity’s program helps employees pay down student loans, in the past by up to $10,000 per year.
Home Depot
Home Depot Tuition Reimbursement Program
JetBlue
J.M. Smucker Company
Smucker’s Tuition Assistance & Scholarship Programs
McDonald’s
Oracle
“Oracle supports your path forward by reimbursing tuition fees up to the value of $5,250 per year for approved programs of study.”
Papa Johns
Dough & Degrees – “Eligible Papa John’s corporate team members can attend college free of charge.” Franchise team members have access to college programs for as little as $5,000 a year in past offers.
PenFed Credit Union
Publix
Publix’s tuition reimbursement
Raytheon Technologies
Raytheon’s educational assistance program
Starbucks
Starbucks Education Program – “Every benefits-eligible U.S. partner working part- or full-time receives 100% tuition coverage for a first-time bachelor’s degree through Arizona State University’s online program.”
Target
Target Education – Education benefits for Target employees may include:
- Debt-free education programs at 40+ top-tier schools
- High school completion, college prep and English language learning programs
- Degrees and certificates in business, technology, analytics, and more
- Free personalized coaching
- Tuition assistance available for other in-network programs
T-Mobile
“We fully foot the tuition bill at five online universities (FT only), and provide tuition assistance to other schools for both FT and PT employees.” T-Mobile Careers.
UPS
Verizon
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Frequently Asked Questions (FAQs)
What is the difference between tuition assistance and tuition reimbursement offered by companies?
Tuition assistance typically involves a company paying upfront for an employee’s education once enrollment is verified. In contrast, tuition reimbursement requires the employee to complete courses successfully and then be repaid by the company, ensuring the investment is only made if the coursework is finished.
Which companies offer the most generous tuition reimbursement programs?
Some companies offer substantial tuition reimbursement, such as Deloitte, which has provided past scholarships up to $10,000 per year, and Intel, which has offered up to 100% reimbursement with a lifetime cap. Procter & Gamble also offers an option with a lifetime cap, while Raytheon Technologies and Verizon provide their own versions.
Can part-time employees qualify for tuition reimbursement or assistance programs?
Yes, some companies extend tuition benefits to part-time employees. For example, Starbucks offers tuition coverage for a first-time bachelor’s degree through Arizona State University’s online program to both part-time and full-time benefits-eligible employees. T-Mobile also provides tuition assistance for part-time employees in addition to full-time staff.
