Employee Educational Assistance HR Policies & Procedures

Educational Assistance Policy

Employers can meet the challenge of having a well-educated, knowledgeable workforce by supporting continuing education, either through tuition advances or reimbursement. These programs also can help employers attract and retain employees who are interested in advancing their education, skills, and careers. Most employers that provide educational benefits limit their financial exposure if the employee drops out of the class or terminates employment by reimbursing employee costs after the course work is completed instead of paying for them in advance. Other forms of support include granting educational leaves of absence (see Leaves of Absence); allowing employees to take courses during work hours; and funding scholarships, grants, or loans for employee education.
 
This policy provides information regarding tuition reimbursement, issues the employer should consider for reimbursement of expenses, information on the tax aspects of reimbursement under Section 127.
 
Topics in this policy include:
 
· Support of Workforce Education
· Employee Eligibility
· Eligible Courses
· Authority to Approve
· Factors for Consideration
· Amount of Assistance
· Reimbursement of Expenses
· Termination During Enrollment
· Repayment Rule
· Education Records
· Educational Assistance and Federal Regulation
· Tax Aspects of Reimbursement
· Veterans Benefits
· Hours Worked

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A note regarding copyright:
Our policies are intended to help organizations create their own personnel policies or handbooks for distribution internally. Accordingly, you may use the Model Policies verbatim or modify them to suit the culture of your organization. Since the policy is copyrighted, we are making a special exception for this particular use. However, the policies may not be used to create or update policies for any organization other than the one buying the policy. In other words, you can’t create policies or handbooks to offer to other organizations, either for profit or free of charge. This would be considered a direct violation of our copyright.

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