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Most companies offer hundreds of training courses, professional exams and management apprenticeship programs for their employees. Although much of training is company specific, there are many courses which are equivalent in content and outcomes to high-level, academic courses of study. When this “overlap” occurs between training courses and academic equivalency – why pay double for your employees to receive the same learning? Why pay for such employee learning through training budgets and then pay again through Tuition Assistance Plan budgets? This is where EASi can help.
Granted, a three-hour training course would not provide the same information and theory as a college course in the same field of study. However, training courses may be grouped together to create a series of courses that could equate to a college course or courses. Some leadership or management apprenticeship programs often include 18-months of coursework, exams, reading and reports. These programs may be worth significant college equivalent credit. It is also quite possible that some of your training vendors have already been evaluated for recommended or direct college credit, and neither your company nor your employees realize it.
What are the benefits to obtaining college credit for training courses? Gaining college credit for training courses will reduce costs for your company's Tuition Assistance Plan (TAP) employee benefits, support your adult learners, and enhance the value of your training department. Your TAP program is part of employee development and can be incorporated to support training department goals. This opportunity creates more value-add for Tuition Assistance and Corporate Universities . Linking training with TAP, and obtaining college credit for training courses, your company and employees will save time and money to more efficiently complete college education and reach corporate learning goals.
What is unique about the EASi program? EASi has partnered with an academic, regionally accredited college to offer a unique nationwide program that connects college credit with industry education program. This opportunity awards DIRECT COLLEGE CREDIT ON A COLLEGE TRANSCRIPT – it is not credit recommendation. This credit has the potential to be transferred to other regionally accredited colleges and universities. It also applies directly towards degree programs offered by this partner college. This college is unique in that it will most flexibly transfer credit into its programs and ISSUE THE DEGREE EVEN IF NO COURSES WERE TAKEN AT THIS COLLEGE. Thus, a learner can attend any college or university they choose and still use this validated credit towards completing their degree at our partner institution. This is a very unique opportunity to best-use the higher education system to work for learners.
What kind of cost-savings can be obtained from credit for training? Significant savings - OFTEN MILLIONS OF DOLLARS . Here is an example: The average college course costs about $1200 in tuition. If an employee can obtain just three (3) college equivalent courses through this opportunity towards their degree requirements, that employee has just saved your company $3600. Now, multiply this kind of opportunity by the hundreds or thousands of employees using your Tuition Assistance Plan and the savings exponentially increases rapidly. The more courses an employee can obtain through college credit equivalency, the bigger time-savings benefit to the learner and cost-savings benefit to your organization. Employees are highly motivated to pur sue this opportunity to graduate sooner.
How can your organization obtain this credit? First, EASi will review your training courses and assess if your curriculum and/or vendor training is appropriate for college credit. EASi will generate a report detailing which courses, groups of courses, exams, management apprenticeship programs have the potential to be awarded college credit, and estimate the amount of college credit that may be awarded. EASi will also determine which training courses you already provide may have already been deemed worth college credit. Upon purchase of the report and its recommendations, and with approval to proceed, EASi will present a bid to coordinate the entire project to obtain college credit for training courses. There is an additional charge for the academic faculty evaluation of your training courses. These are your only costs as sponsor of the training courses.
An additional fee is charged by the college to learners when they request college credit for the training courses they have taken. Learners handle their own processing a fee payment via an online, pass-through webpage from your website. To receive this college credit, employees must successfully complete all coursework, exams and application requirements as prescribed by the college. Students are awarded actual grades for their performance on a college transcript.
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