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Tuition Reimbursement
Ask the ExpertCategory: QuestionsTuition Reimbursement
hri_Admin asked 3 years ago
We have a tuition reimbursement policy, but I want to create an agreement that the employee signs acknowledging the re-payment term if they leave within a certain period of time. Is there a template anyone can recommend? 
1 Answers
Glenn Demby answered 3 years ago
Some language: MODEL A: MARATHON OIL H. Repayment Requirements The Marathon Petroleum Tuition Assistance Repayment Agreement is a provision that requires an employee to repay amounts received for Tuition Assistance in the event the employee voluntarily separates employment from the Company. (Repayment requirements apply to non-degree courses and courses taken as part of a Degree Program.) By signing the Repayment Agreement, an employee agrees to repay Tuition Assistance benefits received under this Plan based on the following schedule, should the employee voluntarily terminate employment with the Company: Time Elapsed The amount of time between the date(s) of the Tuition Assistance reimbursement and the employee’s termination date. Percentage of Repayment Applicable to the amount of Tuition Assistance received during the 24 months prior to the employee’s termination date. 6 months or less 100 percent More than 6 months, but less than 12 months 75 percent More than 12 months, but less than 18 months 50 percent More than 18 months, but less than 24 months 25 percent Under this provision, the Company may withhold from an employee’s final paycheck (base salary, bonuses, vacation pay, and/or expense reimbursements), to the extent permitted by applicable law, monies up to the amount due the Company for any Tuition Assistance paid within the above timeframes. MODEL B: BP An employee will be reimbursed 90% of the cost of tuition, books and certain other fees up to the policy maximum of $5,250 as long as:  the employee is actively at work at the time an approved course is completed, or the employee is terminated in conjunction with an ABSC action (relocation or termination due to re-organization) while participating in an approved course; or the employee must go on an unforeseeable leave of absence while participating in an approved course, or the employee’s status changes from full-time to parttime after a course has been approved and the coursework begun but not yet completed (all other policy requirements still apply); http://hrcpdocctr.conocophillips.com/Documents/HR-documents/TuitionRefundPolicypage09242008.pdf   Addresses this as FAQ at end of general policy. One approach you could use. Hope this helps. Glenn