Fidelity Investments, renowned for its financial services, extends its support further by offering tuition reimbursement to its employees. In this article, we’ll delve into the qualifications for Fidelity’s tuition reimbursement program, the reimbursement amount, eligible programs, and more. Let’s begin!
Who is eligible for tuition reimbursement at Fidelity?
Fidelity provides tuition reimbursement to all employees who work over 30 hours per week and have a tenure of over six months with the company. To qualify, you must be enrolled in an accredited college or university, undertaking courses that are considered work-related by your manager.
How much reimbursement is available?
As per Fidelity’s Employee/Manager Agreement, you can receive a maximum of $10,000 in tuition reimbursement or up to 90% of your tuition costs, whichever is greater. If your tuition exceeds this amount, you can apply for additional reimbursement through the Exception Approval process, accessible on their website.
Now, let’s explore how to navigate the process of receiving tuition reimbursement from Fidelity with this step-by-step guide.
How to Get Fidelity Tuition Reimbursement Step-by-Step Guide?
Secure a position at your local Fidelity office and get to work!
Begin by exploring job opportunities at Fidelity, where you’ll find a wide array of career options, including in-person and remote roles, as well as internships. Some positions may require applicants to hold an FINRA license, which stands for Financial Industry Regulatory Authority. While these roles are typically filled by seasoned professionals, it’s worth considering if you aspire to work in the financial sector. Keep in mind that you must commence your employment at Fidelity at least six months before your tuition reimbursement eligibility begins.
Complete the Employee/Manager Agreement and outline your education plan
Prior to enrolling in any courses, you and your manager must complete the Employee/Manager Agreement. This agreement should be revisited whenever you have a new manager or embark on a new course. Additionally, you’ll need to develop an education plan aligned with your chosen program, which must be approved by your manager. It’s essential that your course of study is relevant to your work at Fidelity and undertaken at an accredited university or college.
Maintain satisfactory grades and adhere to Fidelity’s standards
To qualify for tuition reimbursement, you must achieve grades above a “C” or a “Pass” in each of your courses, depending on the grading system. Furthermore, it’s imperative to uphold good standing as an employee at Fidelity. This includes remaining employed until after your reimbursement is disbursed.
Complete your degree and enjoy the savings!
Congratulations on completing your degree with Fidelity covering up to 90% of your tuition costs! Should you have any queries regarding Fidelity’s tuition reimbursement policies, don’t hesitate to reach out to them directly for clarification or consult your manager for specific inquiries. Best of luck with your academic pursuits!
Conclusion
Fidelity Investments offers a valuable opportunity for its employees to pursue higher education through its tuition reimbursement program. By following the outlined steps and meeting the eligibility criteria, employees can significantly alleviate the financial burden associated with furthering their education. Whether seeking career advancement or personal growth, Fidelity’s commitment to supporting employee development underscores its dedication to fostering a skilled and knowledgeable workforce. Aspiring professionals interested in maximizing their potential should explore the possibilities offered by Fidelity’s tuition reimbursement program and take advantage of this beneficial resource on their academic journey.