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Manage Your Tuition Assistance Program More Effectively
CAEL enjoys a long-standing reputation as the premier provider of high-quality outsourced tuition program management and administration. Through 20+ years of experience, we have developed unmatched services including superior employee support and program management, discounts and partnerships with a national network of accredited educational providers, and comprehensive reports on usage, expenditures and outcomes.
Standardize Program Delivery
On average across all of its clients, CAEL helped its clients save 1.5% of the entire tuition cost of their programs through tuition discounts. Within some industry sectors, the average savings is higher.
CAEL can help reduce the cost of your
education benefits by:
Determining program goals
Automating administration of program
Using technology to enable employee self-support
Negotiating tuition discounts
Reducing errors and fraud
Optimize Processes and Decisions
CAEL saved one client $300,000 in one year by finding errors that previously had been processed by the program administrator. In the first eight months of administering another tuition reimbursement program for a new CAEL client, CAEL returned an immediate 3% savings in their overall tuition budget by making sure that participants were not reimbursed for amounts already covered by scholarships and grants.
Outsourcing can help you optimize program delivery by:
Measuring program metrics (usage, degree type, course of study, education providers)
Driving continuous process improvements
Leveraging knowledge from best tuition practices
Link to Talent Management
CAEL’s comprehensive Career and Education Advising Services help direct employees and link their learning to organizational goals. More efficient use of tuition funds also saves money. On average, CAEL clients using career and education advising save nearly $1,200 per employee on tuition, books, and fees.
CAEL can help link tuition benefits to your talent management strategy by:
Measuring impact of tuition assistance on talent metrics
(recruiting, retention, job mobility, performance)
Aligning tuition policy with talent management strategy
Integrating internal and external education
Providing access and promoting awareness of education options |
