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4 Ways to Get Your Boss to Pay for Your Online Education
Financial Aid  >  Consumer's College Cost Cutting Guide
By GetEducated Consumer Reporting Team  |  December 28, 2009   
 
Need money Boss Giving Money for Online Educationfor school? Check with your employer.

Many companies have tuition assistance benefits that cover at least part of the cost for higher education.
Some even pay for your children and spouse to get educated.

A recent survey by the Society for Human Resource Management found that 63 percent of companies offered undergraduate educational assistance and almost as many—59 percent—also covered graduate education.

The number of employers offering these benefits has dropped slightly over the past few years and some companies plan to discontinue or reduce such benefits next year.

Still, it's worth your while to check to see if your company provides educational assistance.

Here are four tips to get your boss to pay for your online education:



Some companies will pay 100 percent of an employee's college tuition provided it is work-related. Many companies will pay a maximum each calendar year—often up to $2,000. Some will even pay for children or spouses through company-run charitable foundations.

Although large, public companies are most likely to have such plans, even small firms will often pay a part of the tuition bill if approached with the notion that an investment in your knowledge base will be an investment in the knowledge base of the company as a whole.



Have your spouse check with his or her employer, too.

The 2009 Society for Human Resource Management survey found that 17 percent of employers provided scholarships to family members, while 2 percent offered educational loans for members of employees' families.

These numbers were down from a similar survey in 2005, when 27 percent offered scholarships to family members and 7 percent offered loans.



Never assume your company won't pay for at least part of your tuition.
Your boss may not pay for your entire degree but chances are he or she will pay for some of the courses.

Negotiate for such benefits if they don't already exist. Show how what you will learn can help the company in some way.

For example, your business courses may help you develop a new marketing database or strategy that will save your company more than the cost of the classes.



If they have, you may be able to apply these courses to your degree.

Non-collegiate training programs can often be converted to college credit through a portfolio process. But many large corporations, such as AT&T, have subjected their training courses to a special review process sponsored by the American Council on Education's Program on Non-Collegiate Sponsored Instruction (ACE/PONSI), known today as the CREDIT program.

CREDIT allows non-college educators, such as AT&T, to have their in-house training courses reviewed by college assessors. These assessors examine course content, textbooks and classroom procedures. If they find that individual courses are "college level," they recommend that a certain number of college credits be awarded for successful course completion.

About half of all regionally accredited colleges accept ACE recommendations for degree credit. The other half may not accept them, or may severely restrict the number and kinds of ACE credits they will accept in transfer.

Check for training courses offered by your employer that may be pre-approved for college credit at ACE’s free National Guide to College Credit for Workforce Training.


Grants and Free Money for College Online
Great Distance Learning and Online Scholarships
GetEducated's Online Education Scholarship Program
Seven Ways Online College Admissions Reps Pressure Students to Enroll
Six Tricks Online Colleges Use to Appear Less Expensive
Five Ways to Earn College Credit for Career & Life Experience
Can Old Undergraduate Credits Be Transferred to a New Degree?
Are Expensive Online Colleges Better Than Cheap Ones?
10 Free Online Classes To Help You Get Ahead on the Job
Seven Ways You Can Save Thousands By Going to School Online
Best Tax Credits for Online Education
Best Tax Deductions for Online Education
How to Save Money on College Textbooks—and Even Get Some for Free
GetEducated Consumer's Guide to Student Loans
GetEducated Guide to Scholarships and Free Money

© 2009, GetEducated.com, LLC

 
 
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Q I’m looking for an online MBA. I’ve found several that fit my budget but none are accredited by the AACSB. What is the AACSB? Do I really need a distance MBA degree that is accredited by them? —Roberta, Gary, IN
A The AACSB is the Association to Advance Collegiate Schools of Business International. It is considered the gold standard of business school accreditation. But not every student needs an AACSB-accredited MBA...
Q I was laid off from my job as a real estate agent and want to be a high school math teacher, but my bachelor’s degree is in psychology. Do I need a new degree in education? Will an online bachelor’s in education qualify me to become a licensed teacher? —Willis, Houston, Texas
A If you didn’t earn a bachelor’s degree in education years ago and you now want to teach in the public schools, don’t fret. Every state maintains what are termed “alternative teacher certification” programs...
 
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