Discover Is Offering Employees a Free College Education. Here Are the Rules

If imitation is the sincerest form of flattery, Walmart should be pretty flattered right now.

Why? Because Discover, the financial-services company, just announced a similar plan to the retail giant’s for sending employees to college (minus the whole $1 a day thing) — right down to two of the schools involved.

The gist of the new benefit is pretty much the same: Discover will now give all U.S.-based employees the opportunity to earn a bachelor’s degree for free.

The Discover College Commitment  

The new benefit, called the Discover College Commitment, will be available to all U.S.-based full-time or flex part-time employees who want to receive their first bachelor’s degree. According to the company, nearly 90% of its employees who do not have a postsecondary degree work in the customer care centers, which are all U.S.-based.

After any grants have been applied, the company will cover any remaining tuition, fees, books and supplies. Tuition will be paid directly to the employee’s school of choice, while spending on qualified books, supplies and fees will be reimbursed.

Eligible employees can enroll in online degree programs at three universities — Wilmington University in Delaware, Brandman University in California or the University of Florida — and can choose from one of a few select degree paths.

Through Brandman University and the University of Florida, employees can earn a bachelor’s degree in business administration, while employees who choose Wilmington University can earn a bachelor’s degree in organizational management, business management, software design and development or computer and network security.

The new program is in partnership with Guild Education, which will provide academic counseling to employees to help them find the right program for their educational and personal development.

There is no tenure period involved (meaning qualifying employees can take advantage of the Discover College Commitment as soon as they choose). However, employees must be in active status and in good standing within the company. They also must meet certain expectations within their role and maintain at least a 2.0 grade-point average or higher.

Employees should note one important thing, though: If a Discover employee is terminated, all tuition, fees and reimbursements that the employee received within the 24 months prior must be paid back.

Education Assistance Through Discover

Before offering fully paid bachelor’s degree programs through the College Commitment program, Discover already had a few education assistance opportunities in place for employees.

The In-Network Degree Assistance program provides employees with as much as 90% of the tuition costs, or up to $5,250 for an associate’s or bachelor’s degree or $10,000 for a graduate degree annually, for accredited, in-network colleges that are outside of the College Commitment program.

The company’s Out-of-Network Degree Assistance program will cover up to $2,500 for an associate’s, $5,250 for a bachelor’s or $10,000 for graduate degree annually at an accredited university outside the Guild Education university network.

The company also offers employees a leadership-education program, an on-site MBA program and an internal professional-development program — so while the College Commitment Program may be new, the company’s assistance for employees advancing their education and careers is not.

“Investing in our employees and their futures will not only make us a stronger company, but have a lasting positive impact on those who might otherwise never get the chance to attend college,” said Jon Kaplan, vice president of training and development at Discover, in a news release.

Grace Schweizer is a staff writer at The Penny Hoarder.

This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.

Please follow and like us:
onpost_follow

Comments

comments

19 thoughts on “Discover Is Offering Employees a Free College Education. Here Are the Rules

  1. There is nothing better a gift than good wishes and blessings to somebody. What about delivering a gorgeous greeting card this time to a very best of friends with each one of the blessings as well as hopes that you have saved up for him/her in your heart?

  2. 來自瑞士的Teosyal®透明質酸,是由世界第三大以透明質酸為基礎的TEOXANE藥廠研發。Teosyal ®Redensity II® 是專門為眼部肌膚而設計的透明質酸。屬於半鏈結透明質酸的Redensity II® ,輕微吸濕力可減少水腫。 半鏈結透明質酸的柔軟度較高,於注射之後不會產主粒狀問題。可撫平中度皺紋,主要用於淚溝、額紋、手部填充、木偶紋、豐唇、耳珠、太陽穴、人中、面頰填充、虎紋

  3. 它讓神經原在常規的緊張鍛煉中進行共振燃燒,由此帶來健身運動所無法達到的效果。Ion Magnum複雜的振動波是基于於二十多年對神經原燃燒信號的研究手工製作的。 設備製造者的臨床研究結果顯示,30分鐘的治療相當於在健身房10個小時的運動,可以燃燒高達5000卡路里的熱量。其他臨床研究顯示肌肉生成的速度以及脂肪(表面脂肪以及深部脂肪)减少的速度相應都比運動的效果更好。對於Ion Magnum沒有進行理療的部位,甚至會有抗衰老防氧化的效果。 有受試者治療一次之後同一個部位减掉了3-4英寸(不像其他减肥治療中宣稱的那樣,一次治療减掉了5英寸,但那是全身20多個部位加起來减掉的尺寸)。同時,它還可以减掉脖子和下巴的脂肪,讓你的雙下巴消失 . 每次治療需要25分鐘。治療前後的效果非常明顯,而且會持續1-2天。要想達到更好的效果,最好接受1-2個小時的治療。

  4. Dysport是A型肉毒桿菌素,為英國一所受嚴格監管的藥廠內透過高科技純化程序提煉的蛋白質。 Dysport更獲美國食品及藥物管理局FDA核准用於美容用途,肯定其效果及安全性。其能有效阻隔神經訊息傳達,令肌肉不受神經控制,減退因肌肉而過度收縮引致的面部動態性皺紋及放鬆過度活躍的肌肉,以達到瘦面、瘦小腿效果;亦能抑制汗腺掛汗的神經系統,有效減少汗水分泌,達到止汗​​及減少異味。Dysport 瘦面 溶脂 Dysport注射到咬肌內,抑制神經肌接頭處乙酰膽鹼遞質的傳遞,使咬肌張力變小而達到瘦臉效果。

  5. Venus Legacy™是第一個,也是唯一一個得到美國食品藥品監督管理局批准,利用4D™技術結合多極射頻(RF)、磁力脈衝、變量脈衝VariPulse™技術(VP)和實時熱力反饋的設備,這使Venus Legacy™能夠提供一個既安全又無痛的療程,並取得理想效果。Venus Legacy™的療程為所有類型的肌膚提供一個100安全和無痛的美容過程,並針對面部、頸部及身體各處,提供以下即時和持久的效果 非手術塑型 減少橙皮紋 減少皺紋 減少皮下脂肪 收緊肌膚

Leave a Reply

Your email address will not be published. Required fields are marked *