Millions of people work for Chipotle, Starbucks, Disney, and Walmart companies across the United States. Many of them are usually students or left a truncated career to dedicate themselves to supporting their family. However, unknowingly, they could use programs from these companies that would pay for their college degree.
These four large companies have the characteristic that much of their workforce is part-time workers because, in some of the cases, they are students who continue to prepare and who seek to improve in life. As a way to help them in their goals, Chipotle, Starbucks, Disney and Walmart have programs where they financially support their employees in search of a professional career.
All regular workers and a few part-time workers can have access to a free university degree and a tuition reimbursement plan. Chipotle has an educational benefits program for employees who work at the restaurant for at least 120 days and an average of 15 hours or more per week. This restaurant chain offers benefits of Tuition reimbursement of up to $ 5,250 per year.
The Disney Aspire program covers 100% of tuition costs for American hourly workers who want a bachelor’s or master’s degree from some of Disney’s partner universities. Disney hourly workers who wish to apply for the Aspire program will be able to do so after their first 90 days of employment. The company also covers textbook costs and high school diploma programs.
Starbucks has the program Starbucks College Achievement Plan (SCAP), the program that offers its employees in the United States access to online bachelor’s degrees from Arizona State University. It is available to all of your employees, as long as they are eligible. To qualify for SCAP and receive your benefits as of the first day of the second month, you need to complete a minimum of 240 hours in total for three consecutive full months. Starbucks will cover 100% of tuition costs after scholarships start and financial aid. SCAP does not cover the cost of books or supplies.
The company’s Live Better U program can help you earn a degree at six of its partner universities. This opportunity is also open to Sam’s Club employees. The program is not 100% free. Employees pay $ 1 a day for college tuition, and Walmart covers the rest. Workers are limited to degrees in fields related to business, supply chain management, computing, or cybersecurity.
But be careful with the details
Before accepting any of the programs offered by these companies, you should be clear that it is one thing for them to pay for the university and quite another for them to cover certain tuition costs. Neither of these programs is deceptive, each one is simply different from the other..
“Some pay in advance, others reimburse you; that’s a big difference. Some say you have to go to the same institutions, some have more options, ”Sandy Baum, an expert on college affordability and a fellow at the Urban Institute, told The Penny Hoarder. “There are many different possibilities, so compare the different features.”
You should also consider that many of these programs contemplate online racing only. If you do not have a solid academic preparation, this form of study could generate more problems than satisfactions. In fact, Walmart and Disney employees can consult with educational benefits counselors through Guild Education, the company that runs both Disney Aspire and Live Better U. These counselors can help manage the balance between work, school, and education. life and helping employees navigate the nuances of choosing and enrolling in a college.
“It really depends on who you are, what things you want to learn and how the program is designed, [saber] if a program will work for you ”, he concluded.