Administering an expansive tuition reimbursement program is complex, time-consuming, and costly. With our platform, it doesn't have to be. Empower your workforce to strive for financial wellness-on their terms.
The Tuition Reimbursement platform has the solutions to help you invest in your employee’s education and professional growth. The program can be used for professionals who need to complete required credits, earn or pay off a degree, or to simply get reimbursed for attending work-related events.
Easy and Automated
Our software makes managing educational assistance programs easy. We bring approvals, substantiations, and reimbursements directly to you in our online portal and we’ll even verify the approvals for you. Tell us how your program works and we’ll automate the process.
The legal stuff.
U.S. Code §127 enables employers to operate “educational assistance programs” with a maximum exclusion up to $5,250 per employee, per year. The CARES Act also includes student loan repayment as a new tax-exempt reimbursement through December 2025.
Eligible expenses include:
Student Loan Repayment
Repayment of financial aid and any interest that has accrued.
Payment toward school, college, or university courses both in-person and online.
Funds due when enrolling in a course or class.
Required Course Equipment
Any equipment required by the course or class such as apparel, lab equipment, medical equipment, technology equipment, etc.
Academic classes to enhance an educational skillset.
Professional Development Courses
Career courses to enhance a relevant skillset.
Can be applied to textbooks, workbooks, or other literature needed for the course or class.
License Certification or Recertification
Obtaining or rectifying licensure to enhance a skill set.
A Powerful Admin Portal
Keep track of all employee enrollments and estimated completion dates.
View metrics and reports to monitor usage.
Quick Employee Reimbursements
Our seasoned customer experience team reviews reimbursement requests for educational expenses with care and speed. Employees only need to complete a form to request reimbursement.
What we do.
Employees are able to enroll in coursework or request approval for recertifying a license, making a payment, or any other criteria set by your organization.
Administrators receive automated emails for education enrollment requests and can approve, return, or reject requests all within the request workflow.
Employees submit requests through their portal which can be approved in-house or handled by our team.
We can incorporate your company's existing HR program by implementing it as an easy-to-use digital and automated workflow.
Or, our team can provide full support by administering your approvals, enrollments, and reimbursements.
Are your employee reimbursement needs more expansive than tuition reimbursement?
The Thrive Account can help with that. Our robust lifestyle benefits platform allows you to provide your employees with one-time or recurring funds to spend on the things that matter to them. You set the budget, funding frequency, and more than 100 categories that you deem eligible. Learn more
See your benefits at work
With solutions for perks and benefits programs, pre-tax accounts and performance rewards, ThrivePass helps employees thrive so that your organization does, too.