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Understanding Tuition Reimbursement Policy

Understanding Tuition Reimbursement Policy

Paying for college is often the biggest hurdle prospective students face when considering whether to enroll in online or on-campus courses. College may be out of reach if students do not qualify for financial aid or receive only limited support. Professionals seeking education to accelerate their career may be eligible for tuition reimbursement from their employer. 

Tuition Reimbursement Policy Creates Motivated, Educated Workforce

Tuition reimbursement programs encourage employees to enroll in a certificate or degree program to expand their knowledge and skill sets, leading to higher levels of job performance. Many employers encourage employees to continue education to create a motivated and knowledgeable workforce and will therefore reimburse out-of-pocket costs, including tuition and fees.

How It Works

An employee typically presents evidence that they took a course(s), the cost associated with each credit hour and their final grade. Employers then reimburse for expenses. Employees should confer with their human resources department to determine requirements and regulations associated with the company tuition reimbursement policy to be fully aware of policy rules. 

Employers highly favor online courses. Online courses offer affordability and a remote nature that allows employees to complete coursework at home (before or after work), whereas on-campus classes may require employees to attend during the workday.

Talk to your employer about your company’s tuition reimbursement policy if you are interested in earning a college degree or certificate to expand your knowledge, mobility and work performance.

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