TUITION REIMBURSEMENT

BenefitEd: Tuition Reimbursement Program

 

Supporting employees’ educational growth and development is a priority at Ryan Specialty, and this program is designed to help you achieve your academic and career aspirations. Employees can receive up to $5,250 per calendar year tax-free; any amounts exceeding this will be considered taxable income.

 

How to access the Program:

This program is administered by our third-party vendor, BenefitEd. Employees can access the BenefitEd dashboard through the benefits portal in Workday using the single sign-on option. Once logged in, you can locate and fill out the Tuition Program Application.

Application Process:

  1. Complete the Tuition Program application in the BenefitEd dashboard.
  2. Your application will be reviewed by BenefitEd.
  3. If approved, your manager, as listed in Workday, will receive an email notification, and will have the option to approve or deny your application.
  4. You will subsequently receive an email informing you of the outcome.
  5. Upon approval, please fill out the Tuition Program Request form.

 

Resources Available:

 

Important Reminders:

  • Clear communication with your manager about your educational goals is crucial for a smooth process.
  • Discuss your interest in the program with your manager to ensure they understand the program details and your goals.
  • Be aware of potential costs associated with your reimbursement, i.e. does the amount meet the $5,250 non-taxable IRS threshold or is it more.
  • Courses with grades require a grade of B or above to be eligible for reimbursement.
  • Courses/certifications with pass/fail will need proof of “pass” to be eligible for reimbursement.
  • Ensure that the courses/certifications you choose are relevant to your career development and role.
  • Keep track of application deadlines and any other important dates related to the program.
  • If you have already been approved for tuition reimbursement, please fill out a new application. BenefitEd will need to formally track the approvals for ongoing courses.