Saturday, April 11, 2015

Starbucks and Arizona State U. Will Expand Tuition-Discount Partnership - Goldie Blumenstyk, Chronicle of Higher Ed

Starbucks and Arizona State University announced on Monday that they will expand the full benefits of their tuition-discounting partnership to include Starbucks employees who have not yet accrued 60 college credits. ASU’s president, Michael M. Crow, said they were doing so because of continuing demand and the success of the initial program — since the summer, about 3,400 Starbucks employees submitted completed applications, 3,000 were accepted, and nearly 2,000 enrolled. Under the arrangement, the university provides a guaranteed scholarship — effectively a tuition discount — to all Starbucks students who attend ASU Online. The students are also eligible for federal Pell Grants and need-based financial aid from the university. Starbucks reimburses employees for the remaining amounts not covered by the discounts and federal financial aid. (Initially it did so every time students finished 21 credits. It now will provide the reimbursements after each semester.) http://chronicle.com/article/StarbucksArizona-State-U/229127/