Companies will generally reimburse an employee who successfully completes a course or full program of study at a college or university. Often there will be conditions placed on the terms of the reimbursement. It is unusual for a company to bear the full cost of education, paying instead only part or all of tuition costs. Books, fees, and other educational expenses are usually the responsibility of the student. Some companies reimburse proportionately, depending on the grade a student receives.
Many companies use the amount of reimbursment as an incentive, paying more for a higher grade.
Duration and level of employment can play a part in whether you are eligible for educational benefits. Generally, companies put more money into training employees at the managerial level, with educational benefits going to employees in certain jobs or who have worked with the company for a specific length of time. Your course selection will also play a part in your company's willingness to pay for your education. Most companies require that your program be job-related and it may take a letter of explanation to show how your program relates to your work. Don't neglect to inquire if your company offers a scholarship for your field of study.