Walmart to Help Associates Get College Degrees

June 3, 2010 (PLANSPONSOR.com) – Employees at retail giant Walmart can get up to 45% of the credit required for a college degree based on their experience with the company as part of a new employee benefit.

The company announced the new program with American Public University (APU), which offers online degrees in seven subject areas.

“The partnership will put associates on a faster track to earning a college degree, reduce their length of time in school and make the overall cost more affordable,” Walmart said in a news release.

According to the company, other program details include:

  • Every Walmart and Sam’s Club associate who enrolls will receive a grant from American Public University equal to a 15% tuition reduction.
  • Walmart will invest $50 million over the next three years to provide tuition assistance and other tools to help associates prepare for college-level work and complete their degrees.

More information is available at http://walmartstores.com/CommunityGiving/9973.aspx.

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