Higher education comes at a cost and if you are working and have bills to pay, it may be beyond your financial ability to pay the cost for that degree you covet. Don’t lose hope! It may be that your employer will be willing to pay for the cost of your further education. Many companies have educational policies in place that will allow you to pursue that degree or course while you continue to work for them. They actually want to pay for this so that you will become a better-qualified employee and hence be more valuable to them.
No doubt there will be certain restrictions and conditions to be met and you should look into these closely. They may require you to agree to work for them for a specific length of time after graduation, so if you had your eye on applying for a job at another company soon after graduation, forget it. This will vary from company to company of course, many being willing to pay for 100% of course fees while others, like Johnson and Johnson, will also supply the cost of books, registration and lab fees. Boeing will pay for all of the above as well as your books.
Some companies will expect you to get certain grades in all your subjects, so be sure you can keep up to the standard. Johnson and Johnson require a C grade in all undergraduate work and a B in all graduate coursework. Of course, this is only fair since they are paying for it, but the requirements do vary from company to company, so be sure you check.
If your company doesn’t have these sorts of policies in place, you may still be able to persuade them to pay for your education. You will need to speak with your boss and show him what you can now do, compared with what you would be able to do once you had that extra training or degree. Be specific about how much the company would benefit from it. if possible cite examples of other people you know who’ve done such trainings and show what they are able to produce for their company.
It won’t hurt to add a few statistics about how many other companies pay for their employees training. Before your interview, do some online research to find out what tax cuts or government benefits that the company may be eligible for if they pay for your education. This will be sure to swing the decision in your favor.
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