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POLICY - Tuition Reimbursement
POLICY NUMBER - [Insert Number]
EFFECTIVE DATE - [Insert Date]
PERTAINS TO - All Regular Full Time Employees
In order to contribute to employee development, [insert company name] has established a tuition reimbursement program.This program is designed to encourage employees to develop their skills by taking recognized educational courses related to their current or future career goals with the Company.
The program applies to all study courses offered by accredited educational institutions including: High School GED courses, Bachelor´s and Master´s Degree courses, College courses, Correspondence courses and Internet courses.Reimbursement in the amount of 80% will be paid for the instruction or tuition fees, providing that the employee obtains a letter grade of "C" or better. A letter grade of "C-" or lower will not constitute reimbursement.Reimbursement will not be paid out for any additional expenses incurred (i.e. text books, transportation, equipment, etc.)
To be eligible for the program the employee must be considered a regular full time employee. Meaning, the employee must work a minimum of 37.5 hours per week. In addition to this, the employee must have completed their probationary period with the Company.
Prior to receiving reimbursement the employee must complete a tuition reimbursement form, located in the Human Resources office. They must also obtain authorization from their immediate supervisor and the Manager of Human Resources. The tuition reimbursement form and evidence of a successful grade must be submitted to the expense department within 60 days of completing the course. Reimbursement will occur as per standard Company expense procedures.
