It may be finally time to let someone else write the tuition check for you. With tuition costs increasing annually, what better time to apply for and attend college than now? Some top tier companies such as Starbucks, Bank of America, Google, Nike, and Fiat Chrysler Automobiles have begun to offer programs that cover four-year tuition costs in higher education. Why are companies being so generous? Take it as a "thank you" from your employer to you for your hard work, intelligence, pursuit of higher education.
You may be wondering: "What is the catch?" Depending on the employer, students may be expected to repay the money if they terminate work contract with their employer provider. Furthermore, you may be expected to complete your degree within a certain time period, through online learning, or at particular institution. Whether you are at the undergraduate or graduate level, SHRM estimates over 50 percent of employers cover tuition costs at both education levels.
Make sure to read all the guidelines and restrictions when determining your eligibility, as certain companies may expect a minimum GPA. On a positive note, not all companies are particular about students’ major, and are open to a wide field of studies. According to the Chicago Tribune, some annual caps could be $5,250 per student – this is still sufficient to cover a healthy portion of tuition.
To see if you qualify, conduct thorough research on the eligibility criteria and read the fine print offered by your employer. Take this opportunity to finance your college dreams, especially if you may not have to pay a penny. In addition, look at other ways you can earn free money for college by exploring some of our scholarships and conduct a free scholarship search today. With so many chances at earning free college money, how can you pass up the opportunity?
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