Tuition Reimbursement
We are proud to offer an education program that encourages both personal and professional growth. Modine’s Tuition Reimbursement Program is designed to provide financial assistance to employees who are seeking to further their education and enhance their skills towards a new degree. By participating in the program, employees will have the opportunity to gain valuable knowledge and skills that will allow them to excel in their roles. Modine is committed to fostering a culture of continuous growth and development, and we are eager to support employees in their career aspirations.
Eligibility Requirements
Full-time, active employees of Modine and its U.S. subsidiaries employed for at least 90 days are eligible to participate in the Tuition Reimbursement Program.
Courses Covered by the Plan
The Tuition Reimbursement Program will cover individual courses related to your current position or courses that are part of an approved degree program.
All courses must be offered for a grade in a regionally or professionally accredited institution for semester or quarter hours of credit.
Note: Certifications will not be covered by the Tuition Reimbursement Program. However, financial sponsorship of certifications should be discussed with your supervisor and, if approved, would be paid out of the respective cost center.
Degree Programs
Employees may pursue Associate, Bachelor’s, or Master’s degrees within the program. Degree programs must be related to the employee’s current position or a position at Modine that the employee might reasonably be qualified to perform after completing the education program. All degree programs must be approved by the Tuition Reimbursement Administrator before the beginning of the program.
The plan will cover one Associate, Bachelor’s, and Master’s degree for an employee. A second degree at the same education level will not be covered.
Language Classes
An employee may receive reimbursement for language classes if the employee is approved for and completes a class for a language other than his/her native language. The class must provide instruction on writing or speaking the language and have stated learning objectives and outcomes.
The need for the additional language training must be related to the employee’s current position or a position at Modine that the employee might reasonably be qualified to perform.
Covered Expenses
The Tuition Reimbursement Program will pay for the cost of tuition, books and required learning materials for approved courses, provided the employee earns a grade “C” or better in the course. Please note, personal supplies such as computers or tablets will not be covered under the program. The maximum benefit per calendar year is $5,250 for both graduate and undergraduate studies.
Benefit Limitations
Employees receiving financial assistance through either a fellowship, scholarship or grant from any other public or private source shall only be entitled to a benefit under the program to the extent that the program benefit exceeds the amount of the other financial assistance. (For example: If an employee is taking a course that costs $1,000 but they received a $500 scholarship, the program would only reimburse for the difference of $500).
How to Apply for Benefits
- Complete the Tuition Reimbursement Application
- Please obtain signature approvals from both your Manager and Human Resources Representative
- Submit the form to benefits@modine.com
After completing the course, you must submit your final grade(s), tuition invoice and receipts for your textbooks/required learning materials to benefits@modine.com within 60 days of the course ending. All documentation must be received for your reimbursement to be processed.
For additional information, review the Tuition Reimbursement Plan Summary.