15 Companies That Pay For Employees’ Education

Starbucks recently announced a new college achievement plan, giving all 135,000 employees who work at least 20 hours a week the opportunity to enroll in online courses at Arizona State University FOR FREE.

In light of this, it is worth mentioning that Starbucks is not the first or only company to provide such support to its employees; many other organizations provide comparable options.

Below is a list of 15 companies that are the most supportive of their employees educational aspirations.

Apple and Wells Fargo offer tuition reimbursement of up to $5,000.

Verizon Wireless offers up to $8,000 a year for full-time employees and $4,000 a year for part-time employees through their tuition assistance program, LearningLink.

AT&T provides up to $5,250 annually for tuition aid for employees. Reimbursement goes up to $20,000 for courses towards and undergraduate degree and $25,000 for those leading to a graduate degree.

Chevron provides tuition assistance for about 75% of it’s employees.

Disney provides employees with $700 per credit unit, 100% book reimbursement and $100 per course for materials.

Intel provides 100% of reimbursable education-related costs AND has an internal training organization, Intel University, that provides more than 7,000 courses.

Procter & Gamble reimburses 80% of all educational fees with a lifetime cap of $40,000.

Home Depot offers $5,000 for all salaried associates and $3,000 for full-time hourly associates to pursue education.

Gap provides a $5,000 annual stipend for employees pursuing education related to their current position or helpful for immediate career growth.

Bank of America provides employees with $5,250 for job-related courses.

Best Buy provides up to $3,500 or $5,250 for courses leading to undergraduate or graduate degrees, respectively.

UPS has provided 113,000 employees and college students with over $187 million since the inception of it’s education program in 1999.

Boeing provides education grants for up to $3,000.

Ford offers employees up to $5,000 a year to pursue any degree equal to or greater than a Bachelor’s.

If you or a friend currently works at one of these organizations, make sure you take advantage of these offerings. If you are looking to continue your education, seriously consider employment at one of them too.