EdAssist Pre-Payment Solution

EdAssist develops EduPayment solution for the tuition assistance industry.

EdAssist now provides end-to-end integration with leading credit card providers to offer a pre-payment solution to industry. Through MyEdAssist.com, employees can now request and receive a virtual EduPayment card that can be used to purchase accredited education. This solution is currently supported by over 98% of learning providers today, making EduPayment the most widely accepted pre-payment tool in the industry.

What are the advantages of EduPayment over Reimbursement?
  1. Employee Satisfaction-If you are delivering tuition assistance as a recruitment/retention tool, you'll gain a competitive advantage if you offer a pre-payment solution to employees. Over 95% of employee respondents prefer pre-payment to reimbursement.
  2. Employee Access to Education-Almost every Company has employees who cannot afford to pay for their education "out-of-pocket" and wait until the end of the term to seek reimbursement. EduPayment gives every employee access to your tuition assistance program.
  3. Single monthly Statement-With the EduPayment solution, your Organization will receive a single monthly statement reflecting all tuition expenditures during that period. This saves your Organization money.
  4. Controls-The card may only be used for the amount approved. The card must be used within 60 days from issuance. The card may only be used for a single transaction. The employee is required to supply receipts and grades at the end of the course in order to close out the transaction through EdAssist.
Click here for more information on the EduPayment solution through EdAssist.