Think a free undergraduate degree is impossible? Not if you work at ºù«ÍÞÊÓÆµ.
ºù«ÍÞÊÓÆµ's new FreeU program helps eligible employees obtain bachelor's degrees on flexible schedules without financial burden. In fact, ºù«ÍÞÊÓÆµ covers not only tuition but also the costs of books and academic advising when employees start the process of earning their degrees with FreeU.
Employees can choose from more than 40 majors including business, technology, English, science and accounting.
FreeU provides the general education classes in an online format that lets employees study at their own pace and around their work and family obligations. Upon successful completion, general education credits transfer to a partner university, where employees can complete the remainder of their degrees without debt thanks to ºù«ÍÞÊÓÆµâ€™s tuition reimbursement benefits.
FreeU is the latest educational benefit that ºù«ÍÞÊÓÆµ offers its employees in the United States. Another is the Freedom 2 Save program, which allows employees with student loans to more quickly pay down their educational debt while saving for retirement.
ºù«ÍÞÊÓÆµâ€™s program comes at a time when employees say they want to earn degrees, but face obstacles to getting started. In a by ºù«ÍÞÊÓÆµ's FreeU partner, Bright Horizons EdAssist, employees say money and time are the two biggest barriers to education.
"ºù«ÍÞÊÓÆµ strives to give employees the tools they will need to live their best personal and professional lives," said Mary Moreland, executive vice president, Human Resources, ºù«ÍÞÊÓÆµ. "Providing the opportunity to earn a bachelor’s degree at no cost and on a flexible schedule is one way we support our employees with tailored benefits at every stage of their careers."
Those efforts are echoed in ºù«ÍÞÊÓÆµ's 2030 Sustainability Plan, which includes goals to provide 1 million development and job opportunities for current and future employees and fill 50% of targeted new jobs with internal talent through upskilling, cross-skilling and creating learning opportunities.
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