Tuition Reimbursement Services

Offering a tuition reimbursement plan as part of a comprehensive benefits package can be an exceptionally effective way to attract and retain motivated employees. Top job candidates often identify tuition assistance as a major factor in their career decisions. For existing employees, tuition reimbursement programs convey a sense that the company has a sincere interest in fostering their career growth.

Tax-Free Reimbursement
By offering tuition reimbursement, businesses can give their employees an opportunity to upgrade their skills and enhance their capabilities through course study at accredited colleges, universities and training organizations. Internal Revenue Code section 127 allows public and private employers to provide up to $5,250 per year of tax-free reimbursement for tuition, books and education fees.

Typical Tuition Reimbursement Plan Coverage
Although employers can use some discretion in determining which academically-related payments qualify for reimbursement, a typical Tuition Reimbursement Plan covers:

• Undergraduate and graduate-level academic courses
• Institutional registration and enrollment fees
• Technical or vocational courses, certificates and training
• Cost of books and course-related materials
• Computer, lab and campus parking fees

It is widely acknowledged that a well-conceived and properly excecuted tuition reimbursement program can provide enormous benefits to both employers and their employees. Conversely, a mismanaged program can create employee confusion and unease, which can ultimately lead to low participation and other issues. With the need to track eligibility requirements and reimbursement totals, as well as approved institutions and courses, it's no surprise that many employers struggle to effectively manage their tuition reimbursement programs. Furthermore, these struggles can become even more complex in larger companies.

For these reasons, Ceridian has developed a solution designed to relieve employers of the many burdensome tasks of managing a tuition reimbursement program.

Ceridian Tuition Reimbursement Services
Ceridian is a leading administrator for employer tuition plans nationwide. With Ceridian as your tuition reimbursement services provider, you can be assured your corporate education programs will meet governmental compliance standards.

At the core of our solution are an easy-to-use Web site and a designated support team with applied expertise in tuition assistance. With our tuition reimbursement services, we manage:

• Eligibility of expenses
• Application form creation and processing
• Internal Revenue Code Section 127 compliance
• Comprehensive program reporting
• Payment schedules
• Employee communications
• Handling of reimbursements and funding

It is important to note that, although Ceridian effectively manages your tuition reimbursement program, you retain control of all program criteria, approvals and funding. This ensures the program is implemented and maintained based on your company's specific needs.

Going Above and Beyond
Ceridian is committed to providing exceptionally high-quality customer service to thousands of clients nationwide. Our extensive customer support team truly sets us apart. Our knowledgeable and professional representatives can assist you and your employees with your tuition assistance-related questions. We also offer real-time metrics and reporting to customers.

To learn more about our Ceridian Tuition Reimbursement Services, Contact Us.