Worrying about how to put your kids through college? These are companies that will help fund their studies while the kids work for them. Around 54% of companies will give help with college tuition – but the companies listed below are the standouts. If your child wants to study, help them by researching and listing courses relevant to the job they are in before approaching the employer. Some companies even help with graduate programs. And if you are employed by one of these companies your kids may also be in line for scholarship or tuition benefits.
The tax-free tuition benefits that an employee can receive annually have been capped at $5,250 by the Internal Revenue Service – which is why you will see this amount popping up often. Some companies give unlimited tuition benefits but those extra benefits may be subject to tax – however it is still better than paying for a degree all by yourself.
Contact: Your nearest Starbucks for details.
What they offer: For their Starbucks College Achievement Program (SCAP), Starbucks has partnered with Arizona State University’s online undergraduate program to enable both full-time and part-time employees who have worked for three months and at least 20 hours per week to earn their first bachelor’s degree. Tuition will be fully covered for all four years of study with no commitment to stay with Starbucks after graduation. Plus, if an employee happens to be a member of the military, or a veteran, then Starbucks will offer SCAP to one member of their family free – so you could educate a child, a sibling, or a spouse through working for Starbucks.