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That $5,250 is the federal cap on the amount of tax-free money that employers may offer to help defray employees’ qualified costs for their own education, including tuition and fees.
DOD Tuition Assistance is a US Department of Defense (DOD) program that funds higher education programming for US military servicemembers. Currently, DOD TA funds servicemember's college tuition and fees, not to exceed $250 per semester credit hour or $166 per quarter credit hour and not to exceed $4,500 per fiscal year, Oct. 1 through Sept. 30.
To find out what a school offers, contact the financial aid office. 5. Have your employer pick up the costs. A long list of companies offer tuition reimbursement, including Chegg, Google and Hulu ...
For instance, employers who offer student loan repayment assistance can do so tax-free up to the $5,250 limit. Plus, offering these benefits may help recruit, engage and retain employees.
Guild, formerly known as Guild Education, is a private company headquartered in Denver, Colorado that is employed by Fortune 1000 companies to manage their education assistance benefits. [2] Guild works for corporate employer clients to facilitate direct payment for courses to education provider clients [ 3 ] [ 2 ] and offers marketing services ...
Tuition.io is an American company that enables other companies to provide employer-paid student loan contributions as an employee benefit. The company is headquartered in Santa Monica, California . Tuition.io's customers include Fidelity Investments , [ 1 ] Chegg , [ 2 ] and Staples . [ 3 ]
2. Tuition Reimbursement. Companies like Apple, Google, Bank of America, Disney, and FedEx offer tuition reimbursement programs to their employees. You have to pay for your courses and the company ...
Companies can recruit and retain employees by offering them education assistance and employee tuition discounts. [96] Guild Education is a for-profit company that works with employers such as Walmart and Disney to offer tuition assistance from several colleges, including University of Arizona Global (formerly Ashford University ), Purdue ...