33 Companies That Pay for College With Tuition Reimbursement
A long list of companies provide tuition assistance to U.S. employees, but programs and coverage vary by company.
- Tuition reimbursement and assistance is a popular perk at many U.S. companies.
- Companies offer full or partial tuition coverage to retain and attract employees.
- Programs and eligibility vary by company with some much stricter than others.
As the cost of attendance at U.S. colleges and universities continues to rise, there's never been a better time to consider alternative methods of paying for your education. Though scholarships, grants, and work study programs are all great options, one of the best ways to get your education paid for is through tuition assistance and reimbursement programs from employers.
An increasing number of employers over the last year have launched new and upgraded tuition assistance programs. Some of these employers hope to help their workforce get back to school after many students were forced to pause their education amid the COVID-19 pandemic.
But that's not the only incentive for these employers to offer tuition reimbursement benefits. Companies will often offer tuition assistance to attract and retain employees or to develop the skill set of their current workforce. Additionally, tuition reimbursement of up to $5,250 per employee is tax deductible for employers.
Many employers partner with organizations like Guild Education and Bright Horizons EdAssist Solutions to bring their tuition reimbursement programs to life. These organizations act as a broker between employers and institutions, creating partnerships that allow employees to work and get educated at a discount or without incurring any debt along the way.
Below is a list of companies that offer full or partial assistance or reimbursement to their U.S. workers.
After at least one year of employment, Allstate employees pursuing certain undergraduate, graduate, IT certification, or insurance designations related to an Allstate career path are eligible to receive 100% education reimbursement up to a maximum of $5,250 annually. Covered costs include tuition, books, and academic fees.
Amazon recently announced it would cover its hourly workers' full college tuition including the cost of classes, books, and other school fees. Fees are paid upfront with no requirement for reimbursement. Previously, the company covered up to 95% of its workers' college tuition through its career choice program for employees seeking certificates or associate degrees in high-demand occupations.
Apple offers full-time employees up to $5,250 annually in education expenses, including tuition. Employees may also attend Apple University to learn key financial, software, and business skills.
Both management and non-management employees of AT&T are eligible for tuition assistance. The company reports that over 3,800 employees received tuition reimbursement in 2020.
Eligible employees of BP are offered up to 90% in tuition reimbursement for educational and vocational courses at approved institutions. Courses eligible for reimbursement must be approved before they've been registered for and students must receive a passing grade.
Bank of America
Through its tuition assistance and academic support program, Bank of America offers employees up to $7,500 annually in upfront tuition assistance or reimbursements for job-related programs including MBAs.
Full-time employees of Best Buy in undergraduate or graduate programs can receive up to $3,500 or $5,250 annually in tuition reimbursement to cover tuition, books, and school fees.
In partnership with Bright Horizons EdAssist Solutions, Capital One offers all full-time and part-time associates up to $5,250 annually in tuition reimbursement. Associates are eligible for tuition discounts at over 200 selected schools and programs.
In partnership with Guild Education, Chipotle employees have access to up to $5,250 of tuition reimbursement annually which can be used for both undergraduate and graduate programs. Some select programs may qualify for 100% tuition reimbursement. Qualified applicants in undergraduate programs also have access to an additional $5,815 in federal grants.
Employees enrolled in approved degree programs will be offered $5,750 annually for tuition costs, according to employee accounts on Glassdoor.
Through its Graduate School Assistance Program, Deloitte offers full tuition reimbursement to employees seeking graduate degrees. Program participants must be with the company for two full years before applying, and must work for the company for two years after returning from graduate school to receive the reimbursement. Participants will receive a technology stipend and discounts on GMAT preparation courses.
Through its College Commitment program in partnership with Guild Education, Discover offers all its U.S.-based employees 100% free tuition, fees, books, and other supplies needed to earn select bachelor's degrees. Employees can also receive up to $5,250 annually in tuition for a wider selection of bachelor's degree programs at in-network schools or up to $10,000 in tuition for graduate degree programs. The program is available to employees from their first day of employment.
Disney will pay 100% of tuition for qualifying programs at schools within the company's Aspire network for Disney employees.
Fidelity's tuition reimbursement program offers coverage of up to 90% of education costs to eligible employees up to $10,000 a year.
Through its Education Tuition Assistance Plan, Ford offers employees up to $6,000 a year in fees for eligible GED, associate, bachelor's, master's, and doctoral programs related to the employee's job at Ford.
Geico's full-time employees can receive up to $5,250 a year in tuition reimbursement for undergraduate tuition, coursework, books, and other related school fees.
Under an initiative called GROW U, about 11,000 employees across Herschend Enterprises' 25 U.S. attractions (including Dolly Parton's theme park and resort, Dollywood) are eligible to receive 100% free tuition, fees, and books as of February 2022. Tuition assistance is available to all seasonal, part-time, and full-time employees.
Home Depot employees seeking an associate, bachelor's, master's, doctoral, or technical degree can receive reimbursement for up to 50% of educational costs including tuition, books, and registration fees.
Through Kroger's tuition reimbursement program, full-time and part-time employees are eligible to receive up $3,500 annually–or up to $21,000 over the course of their career with the company–in tuition reimbursement funds. The program covers education costs for students pursuing anything from a GED to a PhD.
Eligible McDonald's employees can have their tuition reimbursed for approved courses at accredited institutions offering two-year and four-year degrees. Some managers can have up to $5,250 reimbursed annually, while other employees can have up to $2,500 reimbursed each year.
Microsoft reportedly offers eligible employees up to $10,000 annually in tuition reimbursement when they enroll in coursework that relates to the business of the company at regionally accredited institutions.
Through its Dough and Degrees initiative, Papa John's offers its employees 100% free tuition for undergraduate and graduate online degree programs. Eligible corporate team members can enroll in any of Purdue Global's online degrees. Franchise employees can also receive tuition assistance/reductions through the program.
As of March 2022, PepsiCo offers its US-based employees 100% free tuition through its partnership with Guild Education. The debt-free education initiative known as myeducation allows more than 100,000 of the company's associates to receive assistance to cover tuition, books, and other fees for an array of degrees and certifications. Employees who've been with the company for at least six months and are pursuing a graduate degree can receive up to $8,000 annually.
Publix employees who have worked for the company for six months and work an average of 10 hours a week or more are eligible for tuition reimbursement for individual courses and technical programs related to the job. Publix will also reimburse costs for select undergraduate programs.
Full-time and part-time employees seeking a bachelor's degree for the first time are eligible for 100% tuition coverage for online programs at Arizona State University.
Following 90 days of employment, full-time and part-time T-Mobile employees are eligible to receive annual tuition benefits. This includes up to $5,250 a year for full-time employees and up to $2,500 for part-time employees to cover tuition, books, and other academic fees.
Taco Bell employees pursuing technical certificates and postsecondary degrees can receive up to $5,250 in tuition reimbursement annually.
In August, Target launched its debt-free education assistance program, offered to all full-time and part-time employees. Target team members can pursue undergraduate degrees and professional certifications with no out-of-pocket costs from their first day of work at the company.
Through the company's Earn & Learn program, UPS employees can receive up to $5,250 annually in tuition assistance for a lifetime maximum of $25,000. Employees are eligible when they begin working at UPS.
In partnership with Bellevue University, full-time Verizon employees enrolled at full-time, degree-seeking students can receive up to $8,000 a year in tuition assistance. Part-time employees are also eligible to receive assistance of up to $4,000 annually.
Full-time and part-time employees of Wells Fargo can receive up to $5,000 in tuition reimbursement per year.