Yes, you can really get paid to study and there are really legit companies out there that pay you to study.
This article reveals the different ways of getting paid to study and some of the very best companies that really pay.
Some of these companies include big name brands that you already know, such as Starbucks, Amazon, Best Buy, Apple, GI Bill, Bank of America, Chick-Fil-A, etc.
Why Get Paid to Study?
Why not, right?
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Especially when you can and when there are legit companies out there that really pay to support their staffs’ development.
Let’s take a quick look at the importance of study first…
There are two schools of thought in regards to providing an allowance for a child.
One school of thought is that it is preparing them for life in that when they work hard and do the job that they’re intended to do they get paid.
On the other hand, there is a school of thought which declares that to help out around the household should not be paid because it is part of an individual showing the responsibility of helping out in the household.
Besides that, room and board are provided.
Another way that parents try to incentivize their children is by providing money to a child when report cards are issued.
If a child receives a good grade, they were given X amount of money and if the child received a poor grade, they received no money at all.
The goal was to get children to study hard and provide some sort of reward when they did.
On the other hand, some families say rewarding that type of behavior to studying is nonproductive.
That paying a child to study devalues the value of learning.
As young and inexperienced parents my wife and I tried this for good grades with our two oldest boys.
The first time we implemented the pay of a dollar for an A and $.50 for a B and $.25 for a C was readily exploited by our two enterprising young men.
Specifically, when PE was offered and music classes, they both excelled in those 2 subjects and received a couple of dollars each for their efforts in studying music and showing up for gym class.
However, the basics of their academic studies were less desirable as far as the grades were concerned.
Subsequently, they were fortunate enough to have gotten a couple of quarters each and a couple of dollars with the subject that were not quite what we as parents had in mind for them to necessarily excel at.
12 Best Programs and Companies That Pay You to Study
1. Grants and Scholarships
Two primary ways of how to get paid to study are through grants and scholarships.
A scholarship is an amount of money that is provided to an individual due to several reasons.
One of those reasons can be simply that they excelled in school and maybe part of an underserved community.
Therefore, grant may be awarded to an individual to pursue their education due to the family’s limitation of financial resources.
Another way that an individual can get paid to study is through grants.
A grant offers money for an individual to pursue their education and does not require the grant to be paid back.
It is simply an amount of money that is given to an individual who has, most likely, distinguished themselves in school.
Surrounding circumstances prevent their pursuit of a higher degree or additional educational opportunities.
Grants and scholarships are available through several resources within one’s community.
For example, some service clubs within a community will offer grants or scholarships to individuals as well as foundations and other community entities that value providing financial resources to qualified individuals to pursue their education.
2. Tuition-Free Schools
Amazingly, there are higher learning institutions that offer educational opportunities to individuals who have been deemed financially underserved.
Some of the schools may require that you work in a position within the college school system such as the library, campus store, technology department, etc.
A few of those schools that can offer a degree at little or no cost include:
- Alice Lloyd College
- Berkeley College
- Webb Institute
- United States Air Force Academy
- United States Coast Guard Academy
- United States Naval Academy
…to mention a few!
3. Online Tuition-Free
To ensure that the higher learning opportunity is not restrictive and available to all individuals, online learning is a powerful option for those individuals who have other obligations during the day or in the evening.
In addition to offering the convenience of earning a degree through the online platform, some of those online schools offer the curriculum at no charge to particular individuals.
Generally, you would need to demonstrate significant financial stress in achieving their educational goals.
Examples of such online schools that offer tuition-free opportunities include:
- Harvard University
- Arizona State University
- Cornell University
- Duke University
- University of the People
4. Paid Internship
Another golden opportunity for you to get paid while they are studying is through the process known as internships.
The process unfolds when you are attending school and get the opportunity to intern at a place of business that is focused on what the individual’s major or field of study is.
For example, if you are studying to be a business manager, you may be able to secure a job and internship at a major business that will pay a small stipend while going to school and be offered the opportunity to learn the discipline on the job.
Many Fortune 500 companies follow this business plan in not only providing practical education for the student but possibly recruiting that individual when that person receives their degree.
One of the major network companies that link interns with businesses is AllianceQ.com.
In addition to serving gourmet coffee, Starbucks serves a 100% tuition program to its employees, both part-time and full-time.
The program is provided to all employees who want to obtain their Bachelor’s Degree.
This program is offered through Arizona State University’s online program.
Through this benefit, participants choose from over 100 undergraduate programs.
Amazon has a program called Career Choice. This program pays up to 95% of an employee’s tuition and fees.
This is a yearly maximum program.
The bonus is that the courses that are eligible for reimbursement in this program would not necessarily have to do with anything Amazon related.
They could be fields outside of the scope of Amazon.
Examples could include the healthcare business, mechanical trades, informational technology, etc.
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Anthem is a health insurance provider in America.
Their educational incentive program allows for an employee to get paid to study. This program is for both full and part-time employees.
The educational assistance program reimburses the employee up to a maximum amount of $5,000 per year
Anthem also has a working relationship with Western Governors University that offers a master’s degree curriculum, and a discount and specific scholarships are available for employees of Anthem.
8. Best Buy
Best Buy offers a tuition program for full-time employees.
The maximum reimbursement amount for these employees is at a total of $3,500 a year.
The amount payable is for those employees that are involved and enrolled in undergraduate studies.
Additionally, Best Buy offers a maximum of $5,250 a year for employees who are taking courses related to pursuing a graduate-level degree.
Also See: How to Get Paid to Move to Arizona.
Apple offers an education reimbursement program for its full-time employees.
The reimbursable maximum amount that an employee can qualify for is $5,250. Reimbursable expenses would include tuition.
In addition, Apple’s commitment to higher education is through their educational process known as Apple University.
The focus of this university is to think in terms of its founder Steve Jobs.
If an employee is enrolled in this university, they have access to a variety of tools and educational opportunities.
Some of those opportunities include classes, seminars, learning more about Apple’s culture, honing their financial skills, software skills, and business skills.
10. GI Bill
An individual is eligible for the G.I. Bill if they served on active duty for at least 3 months.
They can access those benefits whether they are on active duty or have been separated with an honorable discharge.
This Congress enacted legislation, passed in 1944, has enabled veterans and members of their families to return to school and continue their education.
Benefits that the G.I. Bill cover include the tuition and fees associated with the school, a monthly housing allowance, and a moderate stipend to cover the needed textbooks and supplies to enhance the learning process.
These benefits can be received up to 36 months
11. Bank of America
Bank of America has a robust educational program that allows its employees to be paid while receiving an education.
Their tuition assistance in the academic support program allows for the reimbursement to the enrolled employee in an amount up to $7500 per year.
The expenses that are covered by this benefit are tuition related and must fall within the parameters of the courses being job-related and the pursuit of any certifications
In addition, the program offered through Bank of America offers individualized consultation to the employees on how to assess, strategize, and meet their career and educational goals.
This restaurant chain is not only about providing good food but providing its employee’s discounts associated with attending universities and colleges.
Their expansive schools of eligibility consist of more than 100 partnerships with Scholarship America.
Some of those colleges and universities include:
- The online educational site of the American Intercontinental University
- Aurora University
- Baylor University
- Louise Herrington School of Nursing
- Boston University
…to name a few.
The discounts and scholarships available to the various employees within this franchise are at a variety of discounts and amounts.
You Can Do It
If you as an individual have a vision for your life and your future that includes going back to school…congratulations!
Advancing oneself through an educational opportunity is the best investment of time and energy that anyone can make.
Additionally, if you are fortunate to work for a company that offers these educational benefits then certainly and by all means take full advantage of that opportunity.
How to Get Paid to Study FAQs
Do You Get Paid for Work Study?
Yes, you can get paid for work study, as this article has shown. There are many companies out there with programs to help their workers study and keep getting paid.
Some of the companies include:
- Best Buy
- GI Bill
- Bank of America
Are There Other Education and Training Options Available to Military Families?
Yes. Veteran spouses are qualified to receive education and training benefits.
This benefit is offered through the Dependence Education Assistance Program. 45 months of benefits may be secured.
Qualified educational programs would include the attaining of a degree, certification programs, apprenticeship opportunities, and on-the-job training.
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Do You Have to Pay Back a Grant?
No. The difference between a loan and a grant is that a loan is exactly that. The money to pursue any educational opportunities is loaned to the individual.
Terms for repayment may include when repayments begin, the number of years that the loan becomes due, interest rate, amount of the payments, etc.
On the other hand, a grant is exactly that. The money for educational opportunities is granted to the individual.
A prime example of a grant that is awarded by the United States Government is the Pell Grant.
Working one’s way through college takes on a completely different dynamic if an individual can work within their job or place of employment and take advantage of the programs offered by these companies.
Several companies see the value of an educated workforce and employing an associate within the organization that has or is pursuing higher degrees of learning.
Putting their money where their business sense allows for many companies to provide opportunities for their employees to further themselves educationally as well as in their careers.
These forward-thinking companies realize the value of investing in an employee and epitomize the term human resources.
They understand that by providing reimbursable tuition fees are not only an investment in their employee but are an investment in their company.
By providing these opportunities, they are creating a quality workforce and in return realizing loyalty from these employees which is a good return reflected in having happy employees and limiting turnovers.
It is important to pursue that cap and gown.