General Inquiries

Education/Tuition Reimbursement

  • 1.  Education/Tuition Reimbursement

    Posted 08-05-2019 17:52
    We are looking for policy regarding education/tuition for employees. How long they have been with a company before you can eligible for reimbursement of classes? How much tuition do you pay? Any feedback would be appreciated. Pros/cons??

    Jillane Brown
    Browe Construction Company
    Selma NC
    (919) 373-5754

  • 2.  RE: Education/Tuition Reimbursement

    Posted 08-07-2019 12:33
    Hi Jillane,

    We provide education/tuition reimbursement to employees who have been with us at least 1 year. Our policy is pretty general so we can exercise significant discretion. We don't have a tuition limit that is specified. Generally, we require that the courses be applicable to an employee's position or career goals and be relevant to the company (we wouldn't pay for flying lessons for an employee that wanted to be a pilot, for example). We operate the program on a reimbursement basis and only reimburse an employee if the get a "B" or better - so the employee fronts the money for the quarter or semester, then provides a copy of their transcript and tuition bill for reimbursement at the end of that quarter or semester. Anyone who wants to use this program needs to come talk to me and tell me what they want to study, what their goals are, etc.

    Hope this helps!


    Adam Pinsky, CCIFP
    SME Inc of Seattle

    Adam Pinsky CCIFP
    SME Inc. of Seattle
    Issaquah WA
    (206) 788-3803

  • 3.  RE: Education/Tuition Reimbursement

    Posted 08-08-2019 11:16
    Edited by Ryan Mastrianni 08-08-2019 11:18
    Hi Jillane,

    The company needs to create a written plan that would highlight the specifics and details of the plan, such as time served with company, maximum reimbursement, qualifying employees/classes of employee, timing of reimbursement, etc. Under tax law, to my best knowledge, a plan can reimburse an employee up to $5,250 tax free each calendar year. This would be tax-free for income and FICA tax purposes if the plan meets the rules IRS sets out. Any reimbursements in excess of the $5,250 would be taxable wages.Hope this helps.

    Ryan Mastrianni, CPA
    Cornerstone Coatings
    (720) 904-8744

  • 4.  RE: Education/Tuition Reimbursement

    Posted 08-15-2019 12:13
    ​Our Educational Assistance Program only applies to our non-union employees and requires 2 years of consecutive, active employment to qualify.  We match the IRS max for annual reimbursement, $5250.  I've attached the program description and reimbursement form for your review.

    Gail Wardell CPA
    Chief Financial Officer
    Collins Electrical Company, Inc.
    Stockton CA
    (209) 466-3691

  • 5.  RE: Education/Tuition Reimbursement

    Posted 08-16-2019 09:18
    Hi Jillane,

    I have worked for a variety of employers and have seen a variety of tuition reimbursement policies and practices. One of my favorite, and most effective at progressing and retaining your employees in my opinion, came from my time with a fortune 500 company. They required 6 months of service to be eligible. The employee had to pay for the course, books, etc and apply for reimbursement once they completed the course. It's been a while, but I believe it was only reimbursed for A's and B's. The degree or certificate had to be relevant to the employees role or next role within the company. The only catch was that you had to work 2 years after each reimbursement or you would owe that money back to the company.

    I personally liked this approach, because it was a great selling tool to get new employees to want to come work for you as they did not have to wait years to continue their education. It also kept them locked in after graduation, with gave the employer time to get them into an appropriate role - instead of them leaving immediately for more money elsewhere.

    Hopefully some of this was helpful!

    Thank you,

    Andrew Duckworth
    Accounting Manager
    Wieser Brothers General Contractor, Inc.
    La Crescent, MN 55947

    Andrew Duckworth
    Accounting Manager
    Wieser Brothers General Contractor
    La Crescent MN
    (704) 577-2459