What companies offer scholarships to employees?

What companies offer scholarships to employees?

Check out these well known companies and their jobs that will pay for college.

  • UPS. Part time employees of UPS are eligible to receive up to $5,250 in tuition assistance per year, up to a lifetime maximum of $25,000.
  • PUBLIX.
  • WELLS FARGO.
  • SMUCKERS.
  • COMCAST.
  • STARBUCKS.
  • VERIZON.
  • BANK OF AMERICA.

Can my spouse use tuition assistance?

Once enrolled and approved, a military spouse can receive up to 36 months of benefits that can be used for housing, tuition, and books or supplies. For more information about the GI Bill, eligibility, and transferring it over to a spouse, you can visit the Veterans Affairs website.

Are scholarships to employees taxable?

In almost all instances, scholarship money goes directly to the college or university, not to the employee or the student. Nonetheless, if the program is not set up as a tax-free arrangement, the value of the award is still considered taxable income to the employee.

What is employee scholarship?

Company scholarship programs are usually administered by company-created private foundations. These foundations may give preference in awarding scholarships to employees, the children or relatives of employees, or the children of deceased or retired employees of the company or related companies.

Does Walmart offer scholarships?

What Is the Walmart Scholarship? Walmart has one scholarship that’s available to children and dependents of current Walmart associates: the Dependent Walmart Scholarship. This scholarship is designed to assist Walmart employees and their families who might not otherwise be able to afford a college education.

Who is eligible for a company scholarship program?

Company Scholarship Programs. These foundations may give preference in awarding scholarships to employees, the children or relatives of employees, or the children of deceased or retired employees of the company or related companies. Scholarship grants awarded by these private foundations are taxable expenditures unless the grant programs meet…

Are there any scholarships for federal government employees?

The Federal Employee Education & Assistance (FEEA) Fund offers an annual scholarship competition just for civilian federal and postal employees, as well as their children and spouses.

Why do companies offer scholarships to their employees?

In order to help their employees and their families pay for their education, many businesses offer scholarships to the children and dependents of their employees. Scholarships such as these help thousands of working families pay their children’s education expenses every year.

Where can I find employer and employee scholarships?

Employer and Employee Scholarships Among the many different ways to find scholarships and qualify for scholarships is the employer scholarship or employee scholarship. A type scholarship that has been around for some time now but that can sometimes be forgotten in the modern era of online scholarship searches.

Company Scholarship Programs. These foundations may give preference in awarding scholarships to employees, the children or relatives of employees, or the children of deceased or retired employees of the company or related companies. Scholarship grants awarded by these private foundations are taxable expenditures unless the grant programs meet…

Is there a scholarship program for federal employees?

Another FEEA initiative provides supplemental scholarship funding that honors a fifty year federal employee. The David and Marion Cooke Memorial Scholarship Fund, also known as the “Doc” Cooke Scholarship, enables FEEA to issue at least one scholarship annually, valued at $1000-$3000.

How does McDonald’s National employee scholarship program work?

The McDonald’s USA National Employee Scholarship Program provides one annual scholarship to an outstanding student-employee from each state, plus the District of Columbia. Awards are based on financial need and academic merit.

What are the benefits of offering an employee scholarship?

Although offering competitive salaries and impressive 401k plans are an excellent ways to get employees to want to work for your company, providing a scholarship incentive goes above and beyond.