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Reimbursement for College Tuition

Assistance so you can continue your education.

Key offers support to help you continue your education by providing financial assistance to complete job-related studies at regionally accredited schools.

Overview

Education assistance is available to eligible employees for coursework related to the employee’s current position or a position for which they are currently being trained, as well as business-related coursework (e.g., banking, finance, accounting, mathematics, economics) and coursework required for the pursuit of a relevant degree. There is no limit to the number of courses that can be taken per term.

Tuition Reimbursement Schedule

Type of Coursework Employment Status Reimbursement Amounts
(limits per calendar year)
Undergraduate Courses Part-Time Employee 100% of tuition up to $2,000
Undergraduate Courses Full-Time Employee 100% of tuition up to $4,000
Graduate Courses Part-Time Employee Not Eligible
Graduate Courses Full-Time Employee 100% of tuition up to $6,000
Note: Key will reimburse only tuition and fees related to assessment classes and testing provided coursework is successfully completed and credits are awarded. Key will not reimburse for application costs, registration, textbooks, supplies and various fees.

To apply for education assistance, employees must complete and submit the Education Assistance Application Form prior to starting the course(s). The application must be approved by the employee’s manager. Special exception approval is required for Executive Master of Business Administration (MBA) programs, which are paid at 80% by Key.

The information provided above is intended to be a summary of Key’s benefit programs. Detailed eligibility criteria and other information is available on HR Online.

HSA checking account is provided by KeyBank National Association (KeyBank), Member FDIC.

Key is an Equal Opportunity and Affirmative Action Employer.