TuitionHelp, a tuition-reimbursement benefit designed to cut college costs for employees as well as tuition-reimbursement expenses for employers, is now offered to corporate clients of Edcor, a provider of tuition-assistance administration and management.
With the combination of TuitionHelp's tuition-reimbursement automation and a high-touch financial aid and advisory service, this offering is expected to help Edcor's clients provide employees with the necessary resources to reach their higher education goals.
Employees using TuitionHelp can connect with a student aid adviser through a one-on-one telephone consultation in which they are offered support and insight on how to finance college. By preparing the federal student aid application, those employees have access to maximum amount of financial aid available, allowing them to make smart college choices.
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"Employees often exhaust tuition-reimbursement benefits without realizing how much in federal, state and institutional grants and scholarships they are eligible to receive to reduce their out-of-pocket college costs," says Karen Shernan, vice president of TuitionHelp. "By guiding the employees of Edcor's client corporations through the complexities of the national financial aid process, TuitionHelp will show them that an advanced education is affordable without overwhelming debt."
Edcor has provided transaction processing as well as advisory services, so employers can connect their tuition-assistance programs with their overall benefit and education strategies. With TuitionHelp, employers are better positioned among their competition and can also cut tuition-reimbursement costs, Edcor maintains.
"It's unusual when a benefit cuts costs while improving service," says Adrienne L. Way, owner and CEO of Edcor. "Edcor is very impressed with TuitionHelp's ability to help employees reduce their education costs with financial aid, an important area that goes unaddressed by traditional tuition-assistance programs. By providing TuitionHelp along with our suite of services, we are raising tuition reimbursement to a new level and giving our clients a competitive advantage in recruiting, motivating and retaining employees driven to improve their skills."
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