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What to Ask Before Signing an Employee Tuition Reimbursement Contract

Filed in archive Financing Education by Jamie Littlefield on March 29, 2007

What to Ask Before Signing an Employee Tuition Reimbursement Contract
Asking your employer to pay for your online classes can save you thousands in Student Loanslinks. However, don't be too eager to sign that tuition reimbursement contract. Some contracts try to keep workers tied to the company for years; others hold employees to unreasonable terms.

A new article from About.com suggests that you ask employers the following tuition reimbursement questions:
"How will your tuition be refunded? Some companies pay the tuition directly. Some deduct it from your paycheck and reimburse you up to a year later.

What academic standards must be met? Find out of there is a required GPA and what happens if you fail to make the grade.

How long must I remain with the company? Find out what happens if you decide to leave before the term is up. Don't let yourself get locked into staying with any company for too many years.

What happens I stop attending class? If health problems, family issues, or other circumstances prevent you from finishing a degree, will you be required to pay for the classes you've already taken?"
For more information see: How to Convince Your Employer to Pay for Your Education


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