Tuition Reimbursement Program: 7 Great Resources
Tuition reimbursement programs and tuition assistance programs can really help with the costs of an education – but how do they work? Who has them? Take a look here for resources to help you sort through it all.
Using one of these programs can eliminate the need to take out student loans for many people, maybe for you. Graduating without debt could work well. No Grad/Plus loan, possibly skipping Stafford loans, and you wouldn't have to consolidate your student loans either. Read on to find some great places.
Also addresses one of the difficult parts of some programs: the course of study. Workarounds if you want to study a non-approved major.
2. College Education Money: A Place You Haven’t Looked This resource introduces the idea of tuition assistance and tuition reimbursement programs and how to find one at your company. Also, I explore additional ways your employer can help you pay for college.
You’ll also find a list of euphemisms for your company tuition assistance or tuition reimbursement program. Believe it or not, in my experience few people at the company know much about these programs. I had to dig.
3. College Tuition Assistance This resource includes a list of six types of companies that have a better tuition reimbursement program just to attract employees. These companies have TA/TR programs because their competitors do, and they need to bring in the best applicants for their jobs.
And go here for 4 more places to look for a good program.
As you read the list, you might also realize two other things:
- Some companies have a great program. Read about a tuition assistance success story - Universities probably have the best overall.
But that makes sense, right? If you make pizza, you’ll have extra pizza available more often than someone who installs tires on cars. Same for colleges and universities. They know they have empty seats, so they can afford to let employees in cheaper.
If you are a bit nervous to ask your company for money, think about this: most companies offer a tuition reimbursement program to help improve their employees and make their company a better place to work. Besides, you could get a degree without any student loans. I know I'd like to skip the student loan consolidation process.
6. Government Money For College Many people, including yours truly, had some help from government grants and student loans during college. This page provides a free ebook I wrote to help you find more places to look specifically for grants. You can also download my report on how the financial aid process works through the same page. 7. Finding Companies With A Tuition Reimbursement Program will help you find companies to apply to, with a brief write up of the company’s benefit package. Fortune makes this list every year. Notice that they list has a header of a menu with several subcategories, like best benefits, job growth, and states.
You can use the list to investigate top companies and learn more about their benefits, and which ones will help you avoid student loans to get your degree. When you click on any of the employers on the list, Fortune has a break down of the company in several articles. And if you scroll down, you find locations and more.
As you think about who to apply to, remember this: once you get the job, the company will usually give you a benefits folder with descriptions of all their programs. Then, you can contact the benefits office and ask about them.
Going into the first interview asking about the benefits package usually doesn’t look that great. Either save it for the second interview, or wait for the packet of papers you get after they hire you. Also, you can research the company’s tuition reimbursement program ahead of time online or through friends.
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