Tuition Reimbursement...
as easy as 1, 2, 3
Thinking of ways to enhance your job-related knowledge and skills, increase your effectiveness in your current position or prepare for possible advancement? BMC's Tuition Reimbursement Program can help!
Who is Eligible
All active, full-time employees are eligible to participate in the program.
How it Works
The BMC Tuition Reimbursement Program offers up to $5,500 per calendar year for college-level studies (undergraduate and graduate). The first $5,250 in expenses is reimbursed tax-free; the remaining $250 in expenses is taxable income. Eligible expenses include tuition, textbooks and all laboratory and computer fees.
Take Action
- Before you register for courses, discuss the relevance of the course with your manager and complete the pre-approval process on the Your Spending Account (YSA) website. YSA will generate a pre-approval form that your manager and director must sign.
- To receive 100% reimbursement, you must successfully complete the course with a passing grade of "C" or above ("B" in the case of some graduate schools).
- Once you complete the course, visit YSA and submit a tuition reimbursement request. Attach a copy of your grade report for the course and receipt of payment to your form.
Questions about your claim? Call YSA at 1-877-BMC-4849, Option 2-Your Spending Account.
Good to Know
The Tuition Reimbursement Program doesn't cover expenses for professional development, certificate courses or seminars. Submit an expense report to receive reimbursement for non-college course fees.