The Benefits of Tuition Assistance
Posted: July 13, 2022 | Author: Sayre Davis | Read Time: 2 minutes
One of the main concerns for most students is how to pay for college. From scholarships and grants to loans, there are many different ways students can receive help paying for online college. However, there is one source many students don’t take advantage, tuition assistance.
Many employers offer tuition assistance to help their employees obtain an education and become better equipped to handle their job. Tuition assistance is a great option for potential students to explore when figuring out how to pay for college online.
What is Tuition Assistance?
Tuition assistance is when the company or organization that you work for offers an incentive program to help pay for college. Many times they will pay for most, if not all, of your education. It is a great benefit to look into at both current and future jobs, and is an easy and simple way to pay for college.
Does Your Employer Offer Tuition Assistance?
Most businesses want to see their employees learn and acquire new skills, don't be afraid to ask your supervisor or human resources department if they will help pay for a college education. Oftentimes, tuition assistance agreements don’t require the employee to repay the business, making this a very affordable option. Depending on the company or organization, they may share on their website if this is a benefit they offer employees.
How Much Can Students Save with Tuition Assistance?
This depends on the employer and if you are earning an undergraduate or a graduate degree. Many times the same financial aid options available to undergraduates will not cover graduate degrees. This makes tuition assistance from your employer that much more crucial when pursuing a master’s degree.
Either way, the amount of money a student can save through tuition assistance is huge!
Which Program is Best for Tuition Assistance?
When a company or organization offers tuition assistance, it is for a specific purpose. Higher education allows for employees to receive better training and more skills that directly relate to their employer’s needs. SUU has a handful of programs that are appealing to companies, such as the $9,000 bachelor’s degree, or the business and communication programs. No matter in which industry you work, you’ll be sure to find a degree that fits your company’s needs while fulfilling your dreams.
Whether you are a business owner looking to help out your employees, or a student wondering how to pay for college, tuition assistance is a wonderful route to take.
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