Posts Tagged ‘tuition’

Where does your tuition money go?

Friday, March 12th, 2010

College tuition is one of those items that always seems to be increasing.

Why?

Check out this article for details.

There are some ways you can help pay for college, though. One is by asking your employer to help you!

Have you had any luck getting tuition reimbursement from your employer? Share your story in the comments section below!

I’ll take that house… or a college degree

Friday, October 16th, 2009

Check out these colleges with tuition of $30,000 a year…or more.

Yeah, yeah, I know that many students won’t pay the full sticker price, and there are grants and scholarships available that can cover a good deal.

But still.

Can you imagine if you were one of the students—or parents—paying $120,000 for a degree, not including room, board and incidentals?

How can I ask my employer to reimburse my tuition?

Monday, September 28th, 2009

“Regardless of the economy, additional training can lead to important win-win results for both you and your company. Even if your education funding proposal is rejected, your employer will still take note of your interest in advancing yourself, and that can pay off down the line, if not right away,” says Katy Piotrowski, author of The Career Coward’s Guide to Career Advancement.

To considerately and effectively approach employers about their financial support for your continued education, Piotrowski recommends the following strategies:

financial aid for adults

  1. Lead with your employer’s interests. Ask, “In what areas would you like to see the team develop their expertise this year?” Listen carefully about the skills he or she is looking to add to the team’s toolbox. Then, as you evaluate training programs, aim to incorporate your employer’s needs into courses that will also help you achieve your personal career training goals.

  2. Provide hard data about how your improved education will result in increased productivity and opportunities. Acquiring just one new technique can result in thousands of dollars in savings or additional revenue for the company. Contact the class or program instructors for ideas about how your training may ultimately benefit your employer’s profitability, and incorporate this info into your proposal.

  3. Guarantee a good grade. Many businesses won’t cover an employee’s education costs unless they receive a “B” grade or higher. Offer a similar guarantee to your employer to prove that you’re serious about success in the classroom.

  4. Promise to stick around for a set period of time. One primary objection employers have to paying for education is that team members may leave shortly after earning their degrees. Discuss plans for remaining a key player for the long term, to help both yourself and the company achieve win-win results.

  5. Offer to split the cost. Times are tight. If you encounter objections about a weak bottom line, suggest that you split the cost 50-50. Some educational subsidy is better than none at all—especially if you improve yourself in the process.

The Career Coward’s Guide to Career Advancement is available at all major bookstores and from the publisher (www.jist.com or (800) 648-JIST).

How to ask your employer for tuition reimbursement

Monday, August 17th, 2009

For some workers, asking the boss for a measly day off is a nauseating experience. But asking for thousands of dollars in tuition reimbursement? The intimidation is enough to keep some would-be students out of the classroom.

Crying, threatening to quit or demanding a specific sum won’t work, says Tim Ursiny, Ph.D., author of The Coward’s Guide to Conflict. But preparing a smart proposal and listening to a boss’s response can mean money. “Bosses are human, too. They don’t like negotiation any more than you do,” he says.

tuition reimbursement

Prepare your pitch

Set your goal and know exactly how much money you want before you set up a meeting. Be optimistic but reasonable.

“Envision it going well,” says Ursiny. “People react more to our energy than our words.”

Be creative

If cash reimbursement isn’t an option for your employer, be creative in your request. Would your employer be willing to increase your health benefits while you’re both working and attending school? Or perhaps offer a discount for your children through the company day care?

Take your time

You don’t have to talk dollar figures in your first conversation. “The person that throws out the amount first loses,” he says. Let your boss make the first offer.

Always ask

Even when companies have set reimbursement policies, asking is still a must.

Make sure the classes you intend to take will be covered under the policy. For example, Spanish classes at a community college might count, but piano lessons or going for a real estate license might not.

Plan on completing an application for reimbursement, and earning a minimum grade before getting the check.

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