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How to Get Capital One Tuition Reimbursement
Capital One is one of many companies that now provide employees with tuition reimbursement. In this article, we’ll lay out how to enroll in the Capital One tuition reimbursement program and what their requirements are. So, let’s get going!
About Capital One
Maybe you’ve casually heard of Capital One or seen the commercials with Jennifer Garner, but other than that, you couldn’t say much about what the company really is. So, before we begin looking at the Capital One tuition reimbursement program, let’s take a quick look at Capital One and what they do.
Capital One is an American banking company that specializes in auto loans, credit cards, and checking/savings accounts. Capital One claims that their goal is to create a world where everyone has equal access to quality banking and the opportunity to prosper. Take some time to explore their website and get a feel for them!
Capital One tuition reimbursement qualifications
The most important question about tuition reimbursement is always whether or not you qualify. Capital One makes the answer pretty simple for their employees. As long as you are a full or part time employee of Capital One (working at least 20 standard hours a week), you qualify for reimbursement!
Employees are eligible for tuition reimbursement starting on their exact date of hire. The start date of classes is the same as your hire date or later. Full time or part time associates are reimbursed for up to $5,250 per year.
How to enroll (step by step)
1. Become a Capital One employee
Capital One offers an assortment of jobs all across the U.S. for people ranging in experience. Some opportunities include jobs in data science, customer care, engineering, human resources, and more! Use the Capital One job finder to look for full and part time jobs near you!
2. Create an EdAssist account
Because Capital One does not require you to work for a certain amount of time before becoming eligible for tuition reimbursement, you can create your EdAssist account on day one! Your Bright Horizons EdAssist account is a crucial step in your Capital One tuition reimbursement journey!
3. Choose your school
Tuition reimbursement is a really great resource. So, before taking advantage of it, do some research into what you want to study and where. Our website has tons of resources to help you answer those questions. Check out some of the articles below!
Financial Aid/Scholarships
Choosing a job/degree plan
4. Complete the proper paperwork
You’re almost there! Now that you’ve found what and where you’re going to study, you just need to sign on the dotted line. Throughout this process, make sure that you communicate with your employer and the school you’re attending. You’ll want to make sure you know what paperwork must be submitted when.
Unfortunately, colleges and large companies that provide tuition reimbursement usually have strict deadlines for their programs. Missing a deadline could disqualify you for a semester and push back your class start date. If that happens, it’s okay, but we know you want to get this process going!
5. Earn your degree
This step will take a varying amount of time based on each individual. Regardless of whether you’re starting at square one with no college credit or going back to school to chase the next step in your education, you should be proud!
School takes time and dedication. Finding out the best pace for you to complete classes and still maintain your job takes time. Some semesters you may enroll in more or less credit hours, and that’s okay. There’s no wrong way to pursue your education!
Frequently asked questions
What kind of degree can I receive with Capital One tuition reimbursement?
Capital One supports employees earning their undergraduate and graduate degrees. Whether you’re finishing your first degree or want to continue your education with grad school, Capital One supports their employees via their tuition reimbursement program.
Do I need to be enrolled in full time classes to receive Capital One tuition reimbursement?
No! Capital One does not require you to be enrolled in full time classes in order to receive assistance. They allow you to take standalone classes, a few at a time, or work full-time towards your degree!
What does Capital One tuition reimbursement cover?
Tuition assistance can be used for course-specific tuition, required textbooks, and eligible course-specific fees.
What schools can I attend with Capital One tuition reimbursement?
Capital One only specifies that employees must attend classes offered by regionally and nationally accredited institutions. Other than that, there are no specific schools that they partner with to offer discounted tuition.
What if I don’t qualify for Capital One tuition reimbursement?
If you don’t qualify for Capital One tuition reimbursement, don’t despair! The company also offers discounts at over 200 selected schools and programs through the EdAssist Education Network. You can also look into finding work at a number of other companies that offer it. These include Chipotle, Starbucks, Publix, PepsiCo, and many more.
Closing thoughts
There are some details that you’ll want to speak directly with your employer about that this article did not touch on. This includes whether there are GPA requirements, an amount that tuition reimbursement will cap out at, and any other more minute details that you should be aware of. Other than that, you should be all set to start your classes knowing you work for a company that supports your educational journey.
Finally, if Capital One just isn’t the company for you, that’s okay. Check out some other companies on our website that also offer employees tuition reimbursement.
