Chicago tuition reimbursement 2025

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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.
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%!
a. If you are a Highly Compensated Employee, your benefit is 100% of the tuition at any college, up to 85% of the University of Chicago tuition rate. The benefit is tax-free.
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.
Eligible coursework is often limited to subjects related to your current job. Employers may require that employees earn a specific gradesuch as a B or higherto qualify for tuition reimbursement.
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People also ask

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.
Additional Benefits The Illinois Department of Revenue also offers tuition reimbursement, day care, and training opportunities.

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