The desire to further your education can often be hindered by your ability to juggle your financial responsibilities and dedicate time to succeeding at school.
As a result, it may seem like you must choose either school or work. But believe it or not, some companies will assist you in furthering your education while simultaneously allowing you to earn an income.
If there is a particular industry you have your sights set on, it’s worth looking into whether you can work with a company that will allow you to gain more training to move up within the company.
Additionally, an industry you might already work in could have opportunities to help you advance your career with more specialized training. We have provided a list of companies that will pay for college.
How exactly does this payment work?
Each company may have its own way of implementing this strategy to help employees gain more education.
Tuition reimbursement is a common approach; the company will give you money towards tuition costs when you are enrolled in school. Other companies may give you the payments upfront, and if you don’t complete the program, you have to pay the money back.
How much tuition and education costs are covered will vary by company, so it’s important to ask as many questions as possible to know what you can contribute versus what they can contribute.
McDonald’s
McDonald’s has been touted as one of the best fast food restaurants to work for, and their Archways To Opportunities program is one of the reasons why.
This program offers employees the ability to earn a college degree while continuing to work, and McDonald’s will help the employee financially.
They can also help those who need to complete high school or learn English as a second language more proficiently.
Walmart
Walmart has a Live Better U program that allows employees to earn college credits or degrees in a few areas, such as business, cybersecurity, and supply chain management.
Walmart employees can also make money while receiving training to advance their careers at Walmart Academies.
Chevron
Chevron helps its employees further their education, even if their field of choice isn’t related to Chevron’s business practices.
Their SESP Educational Assistance Program helps employees by reimbursing them for up to 75% of the costs associated with attending school.
The company also assists employees who want to participate in training to help them move up in the company.
Target
Through their Target Forward Program, Target helps their employees who want to earn a degree in programs such as design or data analytics, among a couple of other programs.
In addition, they will assist with the costs associated with earning either an undergrad or graduate degree in one of their covered programs.
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Chipotle
Whether full-time or part-time, Chipotle employees can participate in the company’s education assistance program after working a certain number of accumulated hours.
There are a variety of courses that can be taken online, and Chipotle can reimburse tuition. The amount refunded depends on the program you choose.
Publix
Publix helps employees who have been working with them for at least six months continuously at 10 hours minimum a week to further their education with financial assistance.
The amount that Publix will contribute to your education depends on the program and certification you are obtaining.
UPS
UPS has been committed to supporting its employees who wish to advance their careers or education for a long time.
They offer help with tuition for employees that can vary depending on the program of choice. Additionally, UPS supports its employees who want to get more training to advance within the company.
Papa John’s
This popular pizza joint can help employees with up to 100% of their tuition when they enroll in and complete an online program. The assistance is offered to corporate members who work at least 20 hours a week and have been with the company for three months.
The tech giant helps employees who are also students reduce the amount of student debt they accumulate through school by matching student loan payments up to $2500 a year. Furthermore, they also have a tuition reimbursement benefit those students can earn when they maintain high grades.
Gap
The Gap, which also owns stores like Old Navy and the Banana Republic, has a tuition reimbursement program for employees working for at least one year. This reimbursement program can cover costs of up to $5000 a year.
Final thoughts
More and more companies see the value in supporting their employees more than just letting them earn a paycheck. Companies that assist in educational pursuits see better employee retention, boosted morale, and continued success. So, it’s a good idea to take that step toward continuing to learn, especially if the company you work for will help you.
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