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20 Companies That Will Pay Your College Tuition

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Linsay ThomasGuest Blogger
August 30, 2016 · 2.4k Views
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Many companies offer their employees benefits such as health insurance, paid time off and discounts. But nowadays, that may not be enough to retain the best workers. Employers have to constantly up their game by adding perks such as telecommuting, free food and unlimited vacation time. Many are also offering tuition reimbursement. This benefit basically allows employees to attend college or training at a reduced cost. The employee pays the tuition and then typically fills out reimbursement forms in order to get some – or even all – of their money back.

Tuition reimbursement is a win-win. Employees receive the opportunity to attend college and earn a degree, while companies get educated employees who feel better about themselves. Does your company offer reimbursement? Here is a list of 20 companies that offer generous programs. If going to college is a dream of yours, maybe one of these will make that dream a reality.

Click on the retailers in the list below to visit their coupon pages for sales, promotions, and coupons.

 

  1. Starbucks

    Source: finddreamjobs.com
    Starbucks recently announced its College Achievement Plan for all part-time and full-time employees. The plan includes 100% tuition coverage to Arizona State University to earn a bachelor’s degree online. Employees wanting to take advantage of this offer must fund their education and then receive reimbursement in their Starbucks paychecks. Still, this is a very beneficial program, considering that most companies don’t offer full reimbursement – just a limited amount per year.
  2. Bank of America
    Employees who have worked at the company for at least months can get reimbursed for their tuition costs if their classes are job-related. Employees must have no performance issues and must discuss their career/education goals with their manager. Employees can receive up to $5,250 per year in reimbursement.

  3. Apple

    Source: 9to5mac.com
    The technology giant offers $5,000 a year in tuition reimbursement.
     
  4. Chevron
    Chevron offers up to 75% reimbursement for approved training and educational pursuits.
     
  5. AT&T

    Source: connect.att.jobs.com
    AT&T offers tuition aid for full-time employees. Employees can receive up to $5,250 per year for education costs that have been approved by the company. The maximum is $20,000 for an undergraduate degree and $25,000 for a graduate degree.
     
  6. Acuity
    The financial services company offers unlimited tuition reimbursement for its employees. Nearly 12% of Acuity’s 1,157 full-time employees took part in the company’s tuition reimbursement program in 2015. The company paid $98,697 in reimbursement.
     
  7. Boston Consulting Group

    Source: fortune.com
    The professional services corporation also offers unlimited tuition reimbursement. Almost 10% of its 2,943 full-time employees took advantage of it in 2015.
     
  8. Verizon Wireless
    The mobile carrier offers LearningLink, a tuition assistance program. Part-time employees receive up to $4,000 per year, while full-time employees receive up to $8,000 annually.
     
  9. UPS

    Source: wsj.com
    More than 113,000 employees have utilized UPS’ tuition assistance program since its inception in 1999. The company has paid out a whopping $187 million.
     
  10. Intel
    Intel offers 100% tuition reimbursement for its employees. Full reimbursement includes textbooks as well. Employees can also receive internal training through Intel University, which offers more than 7,000 classes.
     
  11. ARI

    Source: glassdoor.com
    ARI, which specializes in professional services, gives it employees unlimited tuition reimbursement as well. Nearly 9% of the company’s 1,431 full-time employees used the benefit in 2015, costing ARI $1 million.
     
  12. TD Industries
    In 2015, the construction and real estate company spent more than $1 million reimbursing employees for using the company’s unlimited tuition reimbursement program. A whopping 92% of its 2,025 full-time employees used the benefit. That’s because many of the employees take construction training courses at night.
     
  13. Burns & McDonnell

    Source: burnsmcdmedia.com
    The engineering company also offers unlimited tuition reimbursement. Of its 4,839 employees, 125 of them used the benefit in 2015. The company paid out $755,416.
     
  14. Proctor & Gamble
    Proctor & Gamble reimburses 80% of each employee’s tuition expenses, with the maximum set at $40,000.
     
  15. Best Buy

    Source: businessinsider.com.au
    Electronics retailer Best Buy has partnered with several universities to provide tuition discounts for employees. Employees can receive up to 20% off courses at schools such as Capella University, the University of Phoenix, DeVry University and Herzing University.
     
  16. Home Depot
    Employees who have been working full-time for at least one year are eligible to receive tuition reimbursement if they take courses related to their job. Full-time hourly associates receive $3,000 a year, while salaried associates receive $5,000 a year.
     
  17. Gap

    Source: scpr.org
    The popular clothing retailer offers a Tuition Reimbursement Program that reimburses employees up to $5,000 per year when they take courses relevant to their job or a job that they are looking to get within the company.
     
  18. Disney
    The company’s tuition assistance program reimburses employees up to $700 per unit and pays for 100% of textbook costs.
     
  19. Ford

    Source: media.ford.com
    The automotive company has an Education Tuition Assistance Plan that offers up to $5,000 per year towards a college degree.
     
  20. Wells Fargo
    The bank reimburses up to $5,000 per year for eligible tuition expenses.

 

There are many companies who truly care about their employees and want to invest in their education. These companies spend millions of dollars helping their employees meet educational goals and succeed in life in general. If you’re looking to work and attend school at the same time, apply for one of the companies above. Who knows – one of them might give you a job and a college degree.


 

linsaythomas profile picture
Linsay Thomas is a seasoned writer and editor who has written thousands of articles about topics such as saving money, healthcare, law, pets and education. She hails from California, where she lives with her husband, two children and a menagerie of pets. When she's not writing, she enjoys sports, breeding chocolate Labs and visiting the beach.

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