What is it?
A tuition reimbursement policy is a written agreement that specifies the terms and guidelines for employees to get a refund from their employers for tuition fees paid while pursuing a degree or other type of higher education in fields relevant to the business and to the firm. Regular full-time and regular part-time employees are eligible for reimbursement for tuition.
When to use it?
Consider using this tuition reimbursement policy form template anytime you have an employee who wants to further their academics while working in your organization. Having this template on hand will help you to easily reimburse your employee tuition fee as well as make the overall process more repeatable and efficient.
What to include?
- Business/Company name
- Policy number
- Date
- Eligibility
- Overview and Policy
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| POLICY NUMBER |
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| ELIGIBILITY |
| Employees who work 30 hours per week are eligible |
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| BUSINESS/COMPANY NAME |
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| POLICY OVERVIEW |
| [Insert company name] has launched a tuition reimbursement program as a way to support employee growth. This initiative is intended to motivate staff members to advance their knowledge by enrolling in accredited educational courses relevant to their present or future career objectives with the company. |
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| The program is applicable to all study programs provided by approved educational institutions, including High School GED, Bachelor's and Master's Degrees, College, Distance, and Online courses. |
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| The employee must fill out a form for tuition reimbursement at the human resources office before obtaining payment. Additionally, they need approval from both their direct manager and the manager of human resources. Within 60 days of finishing the course, the expenditure department must receive the tuition reimbursement form and proof of a passing grade. Reimbursement will take place in accordance with established Company expenditure policies. |
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