From a 2023 Fortune article - it jives with what I’m hearing/seeing - and today not just an MBA but also special classes or certificates.
My benefits manual states - Eligible employees may claim 100% of tuition fees of up to $3,500.00 maximum per employee per calendar year (half paid up front and half after a C).
My son’s company pays - I think up to $10K. We were discussing how an MBA at UCI will still cost him 6 figures, after company reimbursement. He’s thinking it’s not a good investment…at least two years out of undergrad.
Yes, companies have fringe benefits from adoption benefits to legal to tuition and more. Few likely use and I wish my kids worked for your company - because this is known as one of the benefits companies have slashed over the years…it’s great yours keeps it. Mine even reimburses the gym (I get $125 back each year) because I’m home based and not at a facility with the gym….so lots have benefits….but again, these don’t pay the bills.
Here are some related to tuition reimbursement - third party but I validated a few on work websites where I could and they match..
Apple
Apple offers tuition reimbursement for select education expenses, including tuition—up to $5,250 annually, according to Salle Mae.
Bank of America
Bank of America’s tuition reimbursement program offers up to $7,500 annually for eligible graduate courses, with up to $5,250 of that amount being tax-free. In addition, the program provides exclusive university discounts and unlimited access to free, personalized academic advisory services.
Cencora
After working at Cencora for at least 6 months full time, employees can get up to $5,250 in tuition assistance for approved courses and books. Through its partnership with Rasmussen University, individuals earn an MBA potentially free if they are awarded the Professional Achievement Grant.
Citigroup
Citigroup’s tuition assistance program covers qualified expenses and fees up to $5,250 per calendar year for undergraduate and certificate programs. However for MBA and graduate level degrees, it offers up to $7,500, subject to applicable taxes.
Ford Motor
Ford Motor’s Salaried Tuition Assistance Program (STAP) offers up to $6,000 annually, plus additional funding for qualifying MBA expenses, subject to the discretion of the employee’s current management.
General Motors
Salaried and hourly employees with seniority are offered tuition assistance up to $6,000 in a 12-month period. Exact eligibility may depend on union status.
Get an MBA—on your employer’s dime. These Fortune 500 company will help you fund your MBA | Fortune Education
25 Companies with College Tuition Reimbursement Programs | Get Schooled