Starbucks announced late Sunday that it will provide free online education to thousands of its employees, including both full- and part-time workers.
We compiled a list of companies that offer some of the most generous tuition reimbursement plans to their employees. Here’s a look:
AT&T provides up to $US5,250 in annual tuition aid for full-time employees. They can be reimbursed up to $US20,000 for courses leading to an undergraduate degree and $US25,000 for courses leading to a graduate degree.
Bank of America reimburses employees
up to $US5,250
for job-related courses or to fulfil a job-related degree program.
Boeing provides educational assistance for up to $US3,000.
Best Buy provides up to $US3,500 a year for undergraduate studies and $US5,250 for graduate-level coursework through its Tuition Assistance Program.
Chevron offers tuition reimbursement for up to 75% of employees’ educational pursuits.
Disney has a tuition assistance program that provides employees up to $US700 per credit unit, 100% reimbursement for their books, and up to $US100 per course for the cost of materials.
Ford has an Education Tuition Assistance Plan that provides tuition up to $US5,000 per year for courses leading to an associate’s degree, bachelor’s degree, master’s degree, or Ph.D.
Gap provides up to $US5,000 annually through its Tuition Reimbursement Program when employees take courses relevant to their current job or immediate career growth.
Home Depot will cover up to $US5,000 for all salaried associates and $US3,000 for full-time hourly associates who have been working at the company for at least a year to take courses related to their business.
Intel covers 100% of reimbursable costs, including tuition and textbooks. It also has an internal training organisation called Intel University that provides more than 7,000 courses.
Procter & Gamble will reimburse 80% of educational fees with a lifetime cap of $US40,000.
UPS offers tuition assistance to both full- and part-time employees. Since the program began in 1999, it has invested $US187 million in tuition assistance for approximately 113,000 college students.
Verizon Wireless has a tuition assistance program, LearningLink, which offers up to $US8,000 a year for full-time employees and $US4,000 for part-time.
Wells Fargo provides up to $US5,000 a year for eligible tuition expenses.
NOW WATCH: Ideas videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.