Companies That Pay for Grad School
With thousands of grants, scholarships, and other funding programs out there, bachelor's students have a lot of resources available to them. However, when you're considering going to graduate school, funding sources for master's and doctoral programs can be scarce, competitive, and require a larger time commitment. For working professionals thinking about going back to school, participating in a fellowship or working for the university just isn't an option most of the time.
Employer-funded education programs are one of the best ways to help pay for college. According to the Society for Human Resources Management, 48% of employers offer tuition reimbursement. Their data also shows that more employees are seeking companies offering professional development, with 65% ranking it as an important benefit, up from 51% pre-pandemic.
Using data on recent job postings from analytics company Lightcast, we highlighted 29 companies that offer education benefits for master's and, in some cases, doctoral degrees. Prospective graduate students looking to advance their career can use these benefits to earn an advanced degree without having to get a job on campus to do so.
Nine Companies That Will Pay for Grad School
Dish provides satellite television, internet, and mobile wireless services nationwide. The company has 13 offices across the country and opportunities to work from home.
Through Dish, full-time employees who have worked with the company for at least 90 days are eligible for tuition reimbursement for programs at online college Bellevue University. Salaried employees qualify for up to $10,000 per year, while hourly employees can get up to $5,250 back per year in reimbursement. Immediate family members also qualify for $2,500 in funding. Master’s students are limited to a list of 27 approved programs.
The company has open jobs in training, customer service and support, sales, data analysis, product design and management, cyber security, marketing, web content, warehouse employment, and internships for current college students and recent graduates.
Financial services company Discover will cover up to $10,000 for 60 different online graduate degrees at partner schools through Guild Education. Employees also qualify for education coaching throughout their degree. Discover has offices in major cities such as Phoenix, Salt Lake City, Houston, and Chicago, and offers remote opportunities. Full-time, regular part-time, and flex part-time employees qualify. Discover has open jobs available in data science, product management, finance, analytics, DEI, and entry-level jobs in areas such as collections and customer service.
This pizza giant has more than 1,100 stores across the country, with jobs available in restaurants, corporate offices, and remote opportunities. After 90 days of employment, full and part-time employees are eligible for up to $5,250 per year in tuition reimbursement for online master's degrees and two doctoral programs through Bellevue University. Immediate family members are also eligible for up to $2,625 per year.
Employees at insurance company Geico have access to $5,250 per year in funds for tuition, fees, books, and other educational expenses per year. There's no waiting period for eligibility, and funds can be used at more than 220 schools. Geico also offers direct billing or reimbursement and academic and financial coaching. The company is currently hiring for remote roles in software engineering, data science, auto damage inspection for insurance claims, sales, customer service, human resources, and other fields.
After six months of employment, Fidelity employees are eligible to receive up to $10,000 per year in tuition reimbursement. Courses must be taken at an accredited college or university and must be part of a formal development plan. Fidelity has open jobs in a number of areas and is a good choice for those familiar with finance and financial services. The company has nearly 68,000 employees and offers remote, hybrid, and on-site jobs in major cities across the country.
Employees at Elevance Health can receive up to $5,000 per year in tuition funding, while part-time employees who work at least 20 hours per week are eligible for $2,500 per year. The company also partners with Western Governors University to offer a 5% tuition discount and 20 $1,000 scholarships toward a master's degree. Employees are eligible after six months of employment. The massive healthcare insurance group operates more than 10 companies, including Anthem Blue Cross and Blue Shield. It currently has more than 3,000 open jobs listed on LinkedIn, in everything from customer care to HR immigration specialists for employees requiring sponsorship. Remote work opportunities are available.
This healthcare company operates 183 hospitals in 19 states and more than 2,000 other care sites across the country, including surgery centers, clinical labs, urgent care, hospice, home health agencies, and a nursing school. Full and part-time employees are eligible for up to $5,250 per year in tuition assistance alongside tuition discounts at Galen College of Nursing, Western Governors University, and more than 200 other partner schools. Employees also may be eligible for the HCA Healthcare student loan assistance program, which provides employees with up to $100 per month to help repay student loans.
All full and part-time Target employees are eligible for up to $10,000 per year in tuition assistance at partner schools and programs offered through Guild Education. Aside from customer service and management positions in stores across the country, Target also has corporate jobs available and work-from-home opportunities in fields such as finance, law, IT, cybersecurity, content, recruiting, and product design.
The Home Depot will help cover the cost of education expenses, including tuition, books, and fees for salaried employees as well as full-time and part-time hourly employees. Salaried employees qualify for up to $5,000 per year, while hourly employees qualify for $1,500-$3,000 depending on how many hours they work. Students must attend an accredited college, and courses must be valid toward a degree or academic certificate. The Home Depot has more than 20,000 open jobs listed on LinkedIn across the country, with remote options available in some fields.
Other Companies That Will Pay for a Master's Degree
|Company||Maximum Amount||Who is it available to?||Program Restrictions|
|JetBlue||Tuition discount||JetBlue employees in good standing after two years||30+ graduate programs at partner schools|
|UCHealth||$5,250 per year with full funding for specific programs||UCHealth employees|| |
Fully-funded programs include social work and behavioral health degrees through Guild Education partner schools
Partial funding available for other programs and colleges
|Stanford University||$5,250 per year||Regular or fixed-term staff members in benefits-eligible positions for at least one year||Master's and doctoral programs at regionally-accredited schools recognized by the U.S. Department of Education|
|University of Pennsylvania||100% of tuition, and general and technology fees at UPenn for up to two course units each term|| |
Regular, full-time faculty and staff and limited service staff after 6 months in their eligible role
Retired faculty and staff are also eligible
|Any graduate programs and post-baccalaureate programs at UPenn|
|Qualcomm||Up to 100% of tuition||Unknown||Accredited schools and some massive open online course providers such as Coursera or Udacity|
|Baylor Scott & White Health|| |
Up to $5,250 for clinical degrees and leadership programs
Up to $4,250 for non-clinical programs
Regular full-time employees
Regular benefits-eligible part-time employee with at least 40 regularly scheduled hours per pay period
|Available for master's and doctoral programs|
Full funding for some programs
Up to $5,250 per year for other approved programs
|Part-time and full-time employees who have worked for 15 hours per week for at least four months||80+ master's degrees offered in partnership with Guild Education|
|Best Buy||Up to $5,250 per year minus any amount you receive from scholarships, government-sponsored grants or other sources||Active, full-time Best Buy employees after six months|| |
Nationally accredited schools recognized by the U.S. Department of Education
Online schools must be members of the National University Continuing Education Association
Must be job-related
|Abbott Laboratories||Up to $10,000 per year||Employees with at least 1 year of full-time business experience||Business-relevant classes|
|Gap, Inc||Up to $5,000 per year|| |
Full-time employees in good standing after at least one year of employment
This includes employees at the following Gap companies: Old Navy, Banana Republic, Piperlime, Athleta, and Intermix
|Courses taken at a regionally or nationally accredited institution|
|McDonald’s||Up to $5,250 per year for full-time management positions||Up to $2,500 per year for other employees|| |
Employees who work an average of 15 hours per week, have worked McDonald’s for at least 90 cumulative days, and are in good standing
Schools accredited by the U.S. Department of Education
|Kaiser Permanente||Up to $3,000 per year||Employees who work at least 20 hours a week||Approved programs|
|Pizza Hut|| |
15% discount on tuition at Excelsior College for salary or hourly employees
$5,250 per year for salaried, full-time corporate employees
Salaried, full-time corporate employees
Equity or franchise, salaried or hourly employees and their immediate family members are eligible for tuition discounts
|Deloitte||Full tuition reimbursement||High performing consulting professionals who have worked for two years at Deloitte will be reimbursed after two more years of employment following graduation||Limited to MBA degree|
|State of Florida||Tuition and fee waiver for up to six credit hours per semester, limited to $5,250 per year||Full-time, salaried employees||State colleges and universities in Florida on a space-limited basis|
|Intel||Up to $50,000 per program||Unknown||Unknown|
|Disney||100% of tuition paid||Full-time and part-time hourly employees through Disney Aspire program||Limited to partner programs and schools, largely online|
|Papa John's|| |
Up to 100% of tuition paid for corporate employees
Reduced tuition for franchise employees
|Corporate team members and franchise employees||Limited to online partner schools|
|T Mobile|| |
$5,250 per year for full-time employees
$2,500 per year for part-time employees
100% of tuition paid at some online schools
|Active full and part-time employees in good standing after 90 days of employment||Full tuition benefit limited to Ashford University, Capella University, Colorado Technical University, Kaplan or University of Phoenix (UoP)|
Up to $25,000 per year
No annual limit for eligible STEM degrees and courses
Limited to Boeing-approved fields of study
Master's and doctoral students must remain at the company for 2 years
Companies that Pay for College
These companies offer tuition reimbursement or other funding options to help employees advance their education.
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