Citigroup just re-upped its commitment to employee education through its Bright Horizons EdAssist partnership, announced Sept. 12. Moving beyond tuition reimbursement, Citi will now fully fund degrees for its employees from five institutions: the Alamo Colleges District, Colorado State University Global Campus, University of Maryland Global Campus, Walden University and Western Governors University.
EdAssist General Manager and Vice President Jill Buban said she and her team are excited to “usher in a new era” of L&D for thousands of Citi employees. “This continued investment in its education offering reaffirms Citi’s legacy as an employer that is focused on putting employees’ needs – and those of their families – first,” she said in the Sept. 12 press release.
Citi Chief Learning Officer Cameron Hedrick emphasized the company’s desire to help employees reach their full potential. “By covering upfront tuition costs and removing financial strain, we are giving employees greater opportunity to gain the skills they need to grow their careers,” he said in the Sept. 12 press release. The program will pair Citi workers with success coaches to “encourage degree or certificate completion.”
The financial management company joins the long, consistently unfurling list of corporate leaders that have made free college a reality for their employees in the past year.