Tuition Benefits Program Tax Savings Calculator

Calculate your tax benefit

See how investing in your workforce can lead to big savings.

Why use this calculator?

When you invest in your team’s learning and development, they can drive success throughout your organization. The tax savings calculator is designed to help you get a better sense of the money you can save through your investment — money that can go right back into upskilling more of your workforce.

This calculator does not qualify as tax advice. Your company must have a qualified education plan to qualify for 5250 tuition reimbursement.

Actual savings may vary — contact us for more information. Please consult IRS Publication 15-B, Employer's Tax Guide to Fringe Benefits. Please consult IRS Publication 970, Tax Benefits for Education.

First Name

Last Name

Work Email Address

Company

Industry

State

Number of Employees

How many eligible employees does your organization have?

Federal Income Tax Rate (%)

This is the current U.S. Federal Corporate Tax Rate.

State Income Tax Rate (%)

What is your state’s corporate income tax rate?

Payroll Tax Rate (%)

What is your state’s payroll tax rate?

Education Benefit Adoption Rate (%)

What percentage of your eligible employees do you expect will participate in an educational benefit program?

6.0

Low adoption (0.5%-2.5%)

is common in organizations where:

The benefit is not well-promoted and employees are unaware of the offer.
The process is cumbersome (e.g., reimbursement-based rather than prepaid).

Moderate adoption (3%-5.5%) occurs when:

The program is actively promoted.
There are partnerships with financially accessible institutions for your employees.
Employees see clear career advancement opportunities.

High adoption (6%-8%) is possible when:

The program is integrated into career development plans.
There are employee incentives, and the program has strong leadership support.
The offering includes flexible, online, or short-term credential options.

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Tax Calculation Summary