Cpd 62 350 tuition reimbursement application chicago 2025

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Tuition reimbursement (also known as tuition assistance) is an employee benefit through which an employer pays for a predetermined amount of continuing education credits or college coursework to be applied toward a degree.
A Tuition Reimbursement Account (TRA) is an employer-funded program that can help employees pay for their degree, tuition, specialized training, and other costs associated with ongoing education.
Second, tuition reimbursement is typically paid to the student, while tuition assistance is paid directly to the school. Terms and restrictions may vary between programs, so it is important to confirm how and when funds will be distributed so you can plan ingly.
Employees who participate in the CTA / Ventra Transit Benefit program dont have to pay income taxes on the pretax income they set aside for their commute, saving up to 40% per month for each employee on their commuting expenses, and employers can save on FICA and unemployment tax almost 8%!
The average Chicago Transit Authority salary ranges from approximately $44,862 per year for Legal Assistant to $119,896 per year for Financial Systems Analyst. Average Chicago Transit Authority hourly pay ranges from approximately $17.23 per hour for Customer Service Representative to $32.54 per hour for Operator.
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CTA offers assistance with repayment of an employees student loans by providing a $200 per month payment directly to the student loan provider for enrolled employees up to a lifetime maximum of $14,400. To be eligible the student loan must be funded by a Federal or Private label and loaded into the Tuition.io Tool.
Communicate with your HR representative about your educational goals. Let your HR representative know that you plan to pursue a graduate degree. They can assist you with getting the most out of your companys tuition reimbursement program.

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