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   What is an educational assistance program?

   • For purposes of this section an educational assistance program is a separate written plan of an employer for the exclusive benefit of his employees to provide such employees with educational assistance. The program must meet the requirements of paragraphs (2) through (6) of this subsection.

   26 U.S. Code § 127 - Educational assistance programs

   www.law.cornell.edu/uscode/text/26/127

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   What does educational assistance cover?

   • Educational assistance can cover a variety of educational programs: a high school equivalency diploma, an undergraduate or graduate degree, or professional continuing education. Employees can use the educational benefits for many costs, including tuition, fees, books, supplies, and equipment.

   What Is Educational Assistance? | Detailed Overview - Patriot Software

   www.patriotsoftware.com/blog/payroll/what-is-educational-assistance-program-taxable/

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   How do educational assistance programs help a business?

   • Educational assistance programs can also boost an organization's branding efforts. For example, Intel and Booz Allen Hamilton use educational assistance programs in their branding efforts. Implementing student loan repayment benefits can improve employee financial wellness, increase productivity and retention and attract desirable candidates.

   Designing and Managing Educational Assistance Programs - SHRM

   www.shrm.org/topics-tools/tools/toolkits/designing-managing-educational-assistance-programs

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   Should you offer educational assistance?

   • You may offer an educational assistance program to: By providing educational assistance benefits, you can attract new employees to your business and entice them to stay. Employees pay less out of their pockets for education and possibly reduce or eliminate the need for loans.

   What Is Educational Assistance? | Detailed Overview - Patriot Software

   www.patriotsoftware.com/blog/payroll/what-is-educational-assistance-program-taxable/

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2. www.patriotsoftware.com › blog › payrollWhat Is Educational Assistance? | Detailed Overview

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   Aug 31, 2022 · Educational assistance, or tuition reimbursement, is when you pay for part or all of an employee’s educational expenses. Tuition reimbursement benefits vary in every business. Some employers cover different types of education, some offer different amounts of assistance, and some provide financial assistance in advance or after education is ...

3. www.law.cornell.edu › uscode › text26 U.S. Code § 127 - Educational assistance programs

   www.law.cornell.edu › uscode › text

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   (1) Educational assistance The term “educational assistance” means— (A) the payment, by an employer, of expenses incurred by or on behalf of an employee for education of the employee (including, but not limited to, tuition, fees, and similar payments, books, supplies, and equipment),

4. www2.ed.gov › about › officesFederal Student Aid - U.S. Department of Education

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   May 22, 2023 · Through Federal Student Aid (a performance-based organization), the U.S. Department of Education awards more than $120 billion a year in grants, work-study funds, and low-interest loans to approximately 13 million students.

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6. www.shrm.org › topics-tools › toolsDesigning and Managing Educational Assistance Programs - SHRM

   www.shrm.org › topics-tools › tools

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   An educational assistance program is an employee benefit in which an employer pays for an employee’s educational expenses, provides tuition reductions or...

   • Location: 1800 Duke Street, Alexandria, 22314

   • Phone: (800) 283-7476

7. www.military.com › education › money-for-schoolSurvivors' and Dependents' Educational Assistance (DEA)

   www.military.com › education › money-for-school

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   Nov 27, 2023 · The Survivors' and Dependents' Educational Assistance (DEA) program provides education and training opportunities to eligible dependents of certain veterans. The program offers...

8. www.usa.gov › financial-aidFinancial aid and student loans | USAGov

   www.usa.gov › financial-aid

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   Education. Financial aid and loans. Financial aid and student loans. Learn about programs that help you pay for college. Free Application for Federal Student Aid (FAFSA) Federal Student Aid offers grants, loans, work-study, and more to help you pay for college or career school. Use the Free Application for Federal Student Aid (FAFSA) to apply.

9. studentaid.govFederal Student Aid

   studentaid.gov

   Federal Student Aid is the official website for applying and managing federal grants, loans, and scholarships for college or career school. Find out how to complete the FAFSA form, estimate your aid, and explore your options.