Mayo Clinic’s tuition reimbursement program saved me $18,735!
Back in 2012, I knew I wanted to pursue my Master’s degree but I was still paying off my undergrad student loans. Let me tell you, the last thing I wanted to do was accumulate more student loan debt! Thankfully I was aware of Mayo Clinic’s generous Professional Development Assistance Plan (PDAP) which provides up to $5,250 per calendar year in tuition reimbursement for graduate coursework.
When I graduated in the spring of 2015, I did the math and calculated Mayo reimbursed 9 out of 10 of my classes, for a grand total of $18,735. Granted most people don’t take two and a half years to complete a 20-month program, but I purposefully spread out my classes so I could optimize the tuition reimbursement program (and I had a baby in April 2014). This technique may not work for everyone but it certainly worked for me and my bank account.
So if you’re thinking about pursuing higher education, first do some research to see if you’re eligible for tuition reimbursement dollars. PDAP also reimburses up to $3,000 per calendar year for undergraduate credits and $500 for certain certifications.
Go to HR Connect and on the Mayo intranet and search “PDAP” to learn more.
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Hi Kristi, can you direct me to where I can find some more information about this program? I recently graduated from College and started at Mayo. I'm very interested in continuing my education and a program like this would be so helpful.
Greetings!
I will be away form the office May 21 – 23. Please leave a message and I will respond at my earliest convenience.
Great! If you go to HR Connect and search "PDAP" you can find an article with more information. You do have to be in your benefits-eligible position for one year so the start date of the course you want to get reimbursed for must be after your one year anniversary date. Good luck!