American Public University System Launches TuitionWise Education Benefit Program to Help Businesses Retain, Recruit and Upskill Employees

Rhea-AI Summary

American Public University System (APUS) has announced the launch of TuitionWise, an education benefits program designed to help companies recruit, retain, and enhance the skills of their employees. TuitionWise aims to reduce the potential costs of student debt for eligible participants by offering the possibility of no out-of-pocket tuition costs when combined with employer tuition-assistance benefits. The program includes an APUS partner grant for U.S.-based organizations meeting minimum tuition assistance standards. According to APUS President Nuno Fernandes, the program targets companies dedicated to investing in their employees' education, making higher education more accessible through partner grants, no application fees, and no costs for undergraduate books and transfer credit evaluations. With more than 300 organizations as partners, APUS collaborates with various sectors, including associations, businesses, government agencies, and healthcare organizations, to create effective learning strategies.

Positive

• Launch of TuitionWise program to assist companies in employee recruitment, retention, and upskilling.
• No out-of-pocket tuition costs for eligible participants when combined with employer tuition-assistance benefits.
• APUS partner grant available for U.S.-based organizations meeting minimum tuition assistance standards.
• No application fees, no cost for undergraduate books, and no cost for transfer credit evaluations for participants.
• Over 300 organizations partner with APUS to offer tuition savings and educational benefits.

Negative

• None.

CHARLES TOWN, W.Va. , July 8, 2024 /PRNewswire/ -- With today's tight labor market as a backdrop, American Public University System (APUS) is launching TuitionWise, an education benefits program that can help companies recruit, retain and upskill employees. TuitionWise helps lower the potential costs for eligible participants incurring student debt by offering the possibility of no out-of-pocket tuition costs when combined with their employer's tuition-assistance benefits¹.  

The program includes an APUS partner grant that is open to U.S. based organizations who meet minimum tuition assistance standards. For more information on TuitionWise, visit here.

"TuitionWise caters to companies that are committed to investing in their employees' education," said APUS President Nuno Fernandes. "APUS is an attractive education partner for organizations that strive to retain and attract high-performing employees who value education benefits. Our new program makes higher education even more accessible by offering a partner grant along with no application fee, no cost for undergraduate books and no cost for transfer credit evaluation."

TuitionWise augments an employee tuition-assistance program and may make courses available at no out-of-pocket tuition cost (to eligible participants only). No out-of-pocket tuition costs are made possible by using a company's tuition assistance combined with an APUS partner grant.

For example, with companies that have an annual $5,250 education assistance benefit, this would mean a student could take six undergraduate courses or four graduate courses with no personal out-of-pocket tuition expenses in a year.

Today, over 300 organizations partner with APUS to offer tuition savings and other educational benefits to their employees. APUS proudly partners with a wide range of associations, businesses, government agencies, and healthcare organizations to develop and implement effective learning and development strategies for their specific needs.

About American Public University System
American Public University System (APUS) delivers affordable, high-quality, workforce-relevant higher education. With a vibrant, diverse, and inclusive 32-year history, and over 141,000 alumni from more than 80 countries, APUS is recognized for its innovative approach to online learning². APUS is in the top 11% for students' return on educational investment, compared to 4,500 colleges and universities nationwide, according to the Georgetown University Center on Education and the Workforce (2022)³.

APUS, which includes American Military University (AMU) and American Public University (APU), is accredited by the Higher Learning Commission (HLC), an institutional accreditation agency recognized by the U.S. Department of Education. APUS is a wholly owned subsidiary of American Public Education, Inc. (Nasdaq: APEI). For more information, visit www.apus.edu.

¹ This program is available to eligible participants only. No out-of-pocket tuition cost may be possible through the use of an employer's tuition assistance benefit, combined with an APUS partner grant. Some programs also may include in-person activities, such as practicums or labs, and other fees, which may result in additional costs to eligible participants.

²APUS has been honored with the online Learning Consortium's Gomory Award for Quality Online Education and is a five-time recipient of the consortium's Effective Practice Award https://www.apus.edu/newsroom/awards/.

³Ranking based on 20-year net present value (NPV) https://cew.georgetown.edu/cew-reports/roi2022/. 

CONTACT
Frank Tutalo
Associate Vice President, Public Relations, APUS
ftutalo@apus.edu

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SOURCE American Public University System

FAQ

What is the TuitionWise program launched by APUS?

TuitionWise is an education benefits program by APUS designed to help companies recruit, retain, and enhance the skills of their employees by potentially offering no out-of-pocket tuition costs when combined with employer tuition-assistance benefits.

How does TuitionWise reduce out-of-pocket tuition costs?

TuitionWise reduces out-of-pocket tuition costs by combining a company's tuition assistance with an APUS partner grant, potentially covering all tuition expenses for eligible participants.

What are the benefits of the TuitionWise program for companies?

The TuitionWise program helps companies recruit, retain, and upskill employees by offering education benefits, potentially at no out-of-pocket cost to the participants. It also includes no application fees, cost-free undergraduate books, and transfer credit evaluations.

Who can participate in the TuitionWise program?

U.S.-based organizations meeting minimum tuition assistance standards can participate in the TuitionWise program.

How many organizations currently partner with APUS for tuition savings and educational benefits?

Over 300 organizations partner with APUS to offer tuition savings and other educational benefits to their employees.