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Toyota Pays For Employee Education In Kentucky

Automaker says it will pick up the tab for as many as 300 of its employees who attend college, paying a $2,500 tax-free maximum to students.

LOUISVILLE, Ky. (AP) — Automaker Toyota says it will pick up the tab for as many as 300 of its employees who attend college.
 
Toyota Motor Manufacturing Kentucky Inc. announced the program Tuesday at an education summit in Louisville.
 
The company will begin the program next month, paying a maximum tuition reimbursement of $2,500 tax-free to students who take 12 hours of college credit per semester at any accredited Kentucky college or university. They must maintain a 3.0 grade point average.
 
In order to get the maximum reimbursement, students must work for Toyota at least 24 hours over three days in each week.
 
Toyota operates a plant in Georgetown.
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