Tuition Assistance Programs For Employees In Franklin

State:
Multi-State
County:
Franklin
Control #:
US-00451BG
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Word; 
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Description

The Educational Assistance Program for employees in Franklin is designed to aid eligible employees in developing their skills through financial support for approved educational courses. This program covers tuition and registration fees for courses at accredited institutions that align with the employee's current job or future career goals, provided they have been with the company for at least one year. Key features include reimbursement based on grades achieved, with specified percentages for grades from A to C, and the stipulation that employees can only receive the difference in reimbursement if they qualify for other funding sources. Employees must apply for tuition assistance before course commencement, receive approval from their supervisor and HR, and submit official transcripts and proof of payment upon course completion. Should an employee leave the company within two years of receiving any reimbursement, they are required to repay the amount received. This program benefits legal professionals including attorneys, partners, owners, associates, paralegals, and legal assistants by encouraging career development and enhancing skills, ultimately promoting a more knowledgeable workforce.
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FAQ

Franklin University is committed to assisting students in applying for financial aid resources. However, students enrolled in courses at Franklin are ultimately responsible for paying their tuition and fees.

Colleges that Meet 100% Financial Need: Vassar College (NY) Wake Forest University (NC) Washington and Lee University (VA) Washington University in St. Louis (MO) Wellesley College (MA) Wesleyan University (CT) Williams College (MA) Yale University (CT)

The U.S. government offers various need-based aid awards – Franklin College participates in the majority of them. Our office of financial aid administers approximately $26 million in aid from federal, state, institutional, and outside sources to approximately 1,000 students annually.

Be sure to include Franklin's school code, 003046, on your FAFSA. New students who plan to use financial aid to assist in financing their education are required to complete the FAFSA before registering for their first semester.

We Offer Financial Aid for International Students This means that if you are admitted to F&M, we will meet 100% of your institutionally determined financial need for all four years on campus.

Financial Aid Statistics for Franklin College The average need-based scholarship or grant awarded to first-year students at Franklin College was $30,928. Additionally, 89% of first-year students received need-based financial aid in fall 2022.

Create a Strong Pitch for Tuition Reimbursement Approach your request like a formal negotiation. Be prepared with a clear, well-structured case outlining the skills you'll gain and how they'll benefit your team and company.

An EAP— sometimes called a tuition reimbursement program—enables employers to fund their employees' higher education courses. For example, you might choose to fully or partially fund your employees' undergraduate or graduate degrees, professional development or skills-building courses, or vocational certifications.

Tuition reimbursement (also known as tuition assistance) is an employee benefit through which an employer pays for a predetermined amount of continuing education credits or college coursework to be applied toward a degree.

Start by providing details of your insurance policy and coverage. Next, you'll need to make a clear request for reimbursement and provide details of all medical expenses. Including receipts and details of all parties involved is critical to ensure rapid repayment.

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Tuition Assistance Programs For Employees In Franklin