Employer Tuition Reimbursement - Geneva College

Tuition Reimbursement

Employer

Employer Tuition Reimbursement

Some employers offer tuition reimbursement to their employees. If you're fortunate to have such a program at your workplace, it's important to know that the Office of Financial Aid must acknowledge your reimbursement as a form of offered financial assistance, as mandated by federal regulations, when assessing your eligibility for aid. 

If the reimbursement causes an excess of financial aid after your aid has been distributed, the Office of Financial Aid might need to decrease your Federal Direct Loans. Consequently, you might be asked to return a portion of the financial aid you've already been given.

If you receive tuition reimbursement from your employer, please note that you will be required to pay the remaining balance (after financial aid) at the beginning of the semester unless you have submitted and agreed to the deferred payment terms on the Employer Tuition Reimbursement application through the Office of Financial Aid.  You - not your employer - are responsible for timely payment.  Make sure to be in communication with your employer to understand the timing and requirements of your employer's tuition reimbursement program.  

If your employer policy promises reimbursement before classes begin, deferred payment won't be an option. You will therefore be obligated to pay your remaining balance prior to the beginning of the term.

By accepting the terms and conditions of deferred payment for employer reimbursement, you agree to the following:

  • Pay at least 30% of the tuition costs or utilize at least 30% of tuition costs in lending prior to the beginning of the term in which the class is scheduled.
  • Understand you are fully liable for the remaining cost of tuition even if your employer fails to reimburse for any reason.
  • Agree to pay to Geneva College the remaining cost of tuition at the earliest of the following:
    1. within one calendar week of the time that I receive the reimbursement
    2. within one calendar month after official grades have been issued by Geneva College, even if you have not yet received reimbursement from my employer.
  • Understand that in the event you fail to fully satisfy your tuition obligation according to the terms above, each of the following actions will be taken:
  • You will not be able to complete course work in which you may be enrolled at the time.
  • Geneva College will not release any transcripts.
  • Your obligation may be turned over to a collection agency.

You may obtain the Employer Reimbursement Application from the Office of Financial Aid. Additional questions can be directed to 724-847-6530 or finaid@geneva.edu.