What Are the Common Rules on a Tuition Reimbursement Policy?
Many businesses offer some form of tuition reimbursement policy. Each of these policies can be different, have a variety of limits on total payout, and might have many different exclusions or basic rules. In most cases, employees should know their company policy well so they don’t accidentally take courses for which the company won’t pay. One feature of a tuition reimbursement policy at many organizations is that companies won’t pay if courses aren’t passed. An employee should make sure he can obtain a passing grade before signing up for a course. Usually employers pay after the course has been completed and the employee can show proof with a transcript of successfully passing one or more classes. This means that the first classes a person takes will need to be paid for out of pocket, though with later reimbursements, classes taken might not require the employee to pay money upfront. However, there may be total limitations on reimbursement available, and companies usually state this as
