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Employer Tuition Reimbursement Programs

What is an employer tuition reimbursement program? It’s a benefit that reimburses employees for tuition expenses — tuition reimbursement programs differ across organizations, but they typically cover tuition fees, textbooks, and other course materials.

Reimbursement is provided to employees through funds from their employer. Through an employer tuition reimbursement program, employees pay their tuition up front. After they complete their courses or programs with a passing grade, their employer reimburses them (a predetermined amount, sometimes up to $5,250 each year) for the funds they put down up front.

Today, 56% of employers offer some sort of tuition reimbursement program for their employees.

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How Employers Benefit from an Employer Tuition Reimbursement Program 

The world is constantly changing, and with change comes new demands. Today’s skills might not match tomorrow's jobs, but when employees take advantage of an employer tuition reimbursement program, they’ll brush up on skills they already have…and gain valuable new ones.  In turn, this gives you — the employer — skilled employees and prepares your organization for the future.  

Plus, tuition reimbursement is an essential recruitment tool — and it boosts employee engagement and loyalty, too. In a recent survey, 84% of employees said an employer tuition reimbursement program significantly affected their decision to join their present organization. As you know, the labor market is increasingly competitive, and providing this type of employee education assistance program can help attract and retain top talent.  

Employer tuition reimbursement programs provide employers with a high return on investment.  

Employer Tuition Reimbursement Programs Through Bright Horizons  

EdAssist by Bright Horizons® provides tuition reimbursement and education assistance programs that meet employees’ unique needs and help them reach their goals.  

Our programs include a user-friendly platform, education options designed for working learners, exclusive discounts at network schools, expert coaching, helpful resources, and more. 

 

 
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FAQs About Employer Tuition Reimbursement Programs

How do employers benefit from tuition reimbursement programs? 

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An employer tuition reimbursement program can help you build an expert team in-house, boost recruitment efforts, reduce turnover, and increase employee loyalty, engagement, and retention. 

What are the benefits of back-up daycare for employers?

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Employer back-up care helps employees stay productive at work, even when their regular child care falls through. Plus, it boosts employee retention and loyalty.

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Family care benefits have never been more important. See how Bright Horizons can support your team.

Bright Horizons is a United States–based child-care provider and is the largest provider of employer-sponsored child care. Employees looking to become a child care teacher are offered the opportunity to earn an early education degree for free as part of their corporate benefits. Search by zip to find a child care center near you. Bright Horizons Global Headquarters are in Newton, Massachusetts, USA.