Turns out that the best way to pay for your college education is to
get someone else to foot the bill. I’ve written before about
scholarships and grants, plus ways to save for college that help you
harness the power of compounded interest to fuel your higher
education. But if you’re lucky enough to work for one of these
companies, all you’ll need to do is keep your grades up and turn in a
reimbursement form at the end of the semester to grab some free money.
EMPLOYERS THAT OFFER TUITION REIMBURSEMENT
Deloitte: It pays to work for one of the largest
public accounting firms on the planet. They offer up to $10,000 a
year in tuition reimbursement benefits. Plus, if you’re working
there as a
once you graduate, you’re likely
to have great pay and benefits.
Lockheed Martin: This defense firm holds major
government contracts for designing and manufacturing military and
aerospace hardware. They probably need a lot of engineers,
computer science grads and other professionals. And they’ll help
you out with up to $7,500 a year if you’re working toward a
Apple: The tech giant will reimburse up to $5,000
a year in school costs for their employees. That’s not a bad way
to start out as an Apple Genius and work your way up to take Steve
Jobs’ old gig.
McAffee: The global digital security firm is
likely one of those companies that is constantly searching for new
talent. The $5,250 in tuition assistance they offer to employees
each year is a nice perk, and earning a degree in computer science
could help you move up in the
Raytheon: Here’s another aerospace firm with
pretty cushy tuition reimbursement: $10,000 a year!
ADP: Automatic Data Processing, Inc. is one of
the biggest enterprise technology providers in the world. You can
start collecting reimbursement for your education starting in
month one; that’s not a common benefit.
BP: Their Internships and Educational Assistance
program reimburses up to 90% of your tuition at qualified
universities and accredited colleges.
J.P. Morgan: If you’re earning a job-related
degree (presumably in finance or a related field), you can land
tuition reimbursement at this, one of the world’s financial
AETNA: The company has an Employee Tuition
Assistance Program and Internships that will help pay your way to
Wells Fargo: Not only can employees get tuition
reimbursement, but their dependents qualify for many of the
Not surprisingly, many top tier companies that are offering this
highly sought after perk. These aren’t the only companies doing
reimbursement. Thousands of companies see the value of investing in
their employees through higher education. Here’s how you can take advantage:
How to Get Tuition Reimbursement
Your company may have some type of tuition reimbursement or
assistance; they just don’t tout it very often. If the company doesn’t
have a stated tuition reimbursement plan, your boss still might be
able to swing it; especially if you’re headed for a degree that will
make you really valuable to the company. Promoting from within is
often cheaper than headhunting expensive talent from outside the firm.
You can’t slack off simply because you’re going to class on the
company dime, though. Keep your grades up or you might not get
reimbursed. Also, there may be other requirements or documentation
(documented grades, school transcripts, minimum GPA, etc.) that your
employer puts on that free money. Just make sure you meet all the
requirements on the deadline so you can get that reimbursement check.
Does your employer offer tuition assistance? What are the requirements?