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How to Get Fidelity Tuition Reimbursement

By Savannah Dawson

Prior to coming to Scholarships360 for her first internship in 2022, Savannah utilized her campus publications by joining various fashion publications that are offered at Ohio University. One of those publications is Thread Magazine, where Savannah has had the opportunity to work on articles related to world-wide related fashion news and events, as well as articles closer to home, such as a fashion piece on Athens hometown-hero Joe Burrow. This year, Savannah also had the opportunity to be a content writing intern for Aiken House, as well as a section editor for Southeast Ohio Magazine. In 2023, Savannah served as the Chapter President of her sorority, Alpha Gamma Delta. These collective experiences, as well as her experience currently working for Ohio University’s Undergraduate Admissions, has led her to Scholarships360 and aided in her passion for helping students better understand the college admissions process and financial aid. In her free time, Savannah enjoys horseback riding, watching Formula One races, traveling, and spending time with her friends and family. Savannah will graduate from Ohio University in May 2024 with a degree in Journalism News and Information and a certificate in Italian Studies.

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Edited by Maria Geiger

Maria Geiger is Director of Content at Scholarships360. She is a former online educational technology instructor and adjunct writing instructor. In addition to education reform, Maria’s interests include viewpoint diversity, blended/flipped learning, digital communication, and integrating media/web tools into the curriculum to better facilitate student engagement. Maria earned both a B.A. and an M.A. in English Literature from Monmouth University, an M. Ed. in Education from Monmouth University, and a Virtual Online Teaching Certificate (VOLT) from the University of Pennsylvania.

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Updated: January 24th, 2024
How to Get Fidelity Tuition Reimbursement

Fidelity Investments is one of the best-known financial institutions in the country, but did you know that they also offer tuition reimbursement to their employees?

In this article, we will tell you about the requirements for earning tuition reimbursement at Fidelity, as well as the amount you can earn, what programs are eligible, and more. Let’s get started!

Who qualifies for tuition reimbursement?

Fidelity offers all employees who work more than 30 hours per week and have worked with the company for over six months up to 90% of their tuition reimbursed. You must be enrolled in an accredited college or university, and you must be taking courses that are deemed work-related by your manager.

How much reimbursement can I receive?

According to Fidelity’s Employee/Manager Agreement, you can receive a maximum of $10,000 in tuition reimbursement, or up to 90% of your tuition, depending on which one is larger. It is possible to apply for an amount over that, but it is a separate application process, which is the Exception Approval process that can be accessed on their website. 

So, you might be asking, how does one receive Fidelity tuition reimbursement? Keep reading this step-by-step guide to find out.

Step-by-step guide to get tuition reimbursement through Fidelity Investments

1. Look for a job at your local Fidelity, and get to work!

To start off the process, you are going to need to find a job at Fidelity. What’s great about this is there are a plethora of career options, including in person and remote, as well as internships. 

Here are just a few of the options on Fidelity’s career website that you are able to choose from:

  • Customer Relations Advocate
  • Early Career Customer Service Associate
  • Security Architect

Some jobs at Fidelity require applicants to hold an FINRA license. Now you might be asking, “What is FINRA?” FINRA stands for Financial Industry Regulatory Authority. The jobs that require this license are generally filled by adults who are long out of college, but it is something to look into if you want to be in the financial field. 

Additionally, you have to start your job at Fidelity six months before your tuition reimbursement can start, so keep that in mind. 

2. Complete the Employee/Manager Agreement prior to enrolling in a course and lay out your education plan

You and your manager will have to complete this agreement before your tuition reimbursement can start. This should be reviewed every time you receive a new manager or begin a new course.

You will also need to develop an education plan that supports the program you choose. The plan must be in place before tuition reimbursement can occur. So, your first step would be to choose your course of study.

Here is the catch– your course of study has to be in some way related to work. This makes sense, as you are probably studying something related to finance if you are working at Fidelity, but if you aren’t, then this is probably not the job for you to receive reimbursement from.

Your manager will have to review your course of study and approve it. You must also be taking the courses at an accredited university or college

3. Receive above a grade of “C” on all of your courses, and stay in good standing with Fidelity

Your tuition reimbursement through Fidelity is contingent on whether or not you finish your courses, as well as how good you are doing in them. To receive reimbursement, you must earn above a “C” in each of your courses, or a “Pass” grade, depending on the course grading system. 

In addition to staying in good standing with your grades, you also need to remain in good standing as an employee at Fidelity. This also means that you have to remain an employee until after your reimbursement is distributed. 

4. Finish your degree and save some money!

Congrats! You have finished your degree and Fidelity has paid for up to 90% of the tuition! If you have any questions about Fidelity’s rules and regulations regarding their tuition reimbursement, you can reach out to them directly to answer the questions for you, or ask your manager if you have more specific questions. Good luck with the rest of your academic endeavors!

Alternatives to Fidelity’s Tuition Reimbursement

Maybe Fidelity is not the job for you, and that’s okay! We have found many more options for you to choose from. This includes Macy’s, Taco Bell, Target, and many more. Be sure to select the best company with the best benefits that reflects you academically! While you are planning your higher education journey, make sure that you also apply for all the scholarships you qualify for while you are eligible!

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Frequently asked questions about Fidelity’s tuition reimbursement

Does Fidelity tuition reimbursement cover textbooks and fees?

No, unfortunately the Fidelity tuition reimbursement does not cover textbooks or other fees. It only covers up to 90% of tuition. Here is the list of other expenses that Fidelity’s tuition reimbursement does not cover:
  • Workshops
  • Seminars
  • Preparation classes
  • Courses taken at classes outside of the U.S
  • Travel and residential expenses
  • Certification exams
  • Technical equipment

Does Fidelity tuition reimbursement only cover undergraduate student tuition?

Fidelity tuition reimbursement also covers MBA programs, technical school, and law degrees, but you will have to complete the Exception Approval process. For more information on how this works, you can check out  Fidelity’s website. Unfortunately, Fidelity’s tuition reimbursement program does not cover doctorate programs.

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