Educational Assistance Programs In Cook

Category:

Employment - Educational Assistance

State:

Multi-State

County:

Cook

Control #:

US-00451BG

Format:

Instant download

Description

The Educational Assistance Program for Employees in Cook is designed to support eligible full-time employees in enhancing their skills and performance through educational opportunities. This program allows for reimbursement of tuition and registration fees for courses from accredited institutions, focusing on degrees or certifications relevant to employees' current roles or future positions within the company. Eligible employees must have completed at least one year of service and can only enroll in courses they believe will not interfere with their job responsibilities. The reimbursement rates vary based on the grades received, with higher grades qualifying for greater reimbursement. To receive reimbursement, employees must submit a tuition reimbursement form and achieve a qualifying grade. The program mandates that if an employee leaves the company within two years of receiving reimbursement, they must repay the funds. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants in effectively managing educational assistance for team members, ensuring compliance with reimbursement policies, and facilitating employee development.

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FAQ

An educational assistance program is a separate written plan of an employer for the exclusive benefit of its employees to provide employees with educational assistance. To qualify as a section 127 educational assistance program, the plan must be written, and it must meet certain other requirements.

All employees are eligible for up to $5,250 per calendar year. The tuition amount is deducted from the total on the start date of each course. You must earn a grade of “C” or above in each class to receive tuition assistance from Cook.

Who is eligible for tuition assistance? All four service branches and the U.S. Coast Guard offer financial assistance for voluntary, off-duty education programs in support of service members' personal and professional goals. The program is open to officers, warrant officers and enlisted active-duty service personnel.