What does McDonald’s have to do with college? It turns out that McDonald’s may help pay for your college education. The McDonald’s Corporation offers several different tuition reimbursement programs, making it possible to earn your degree and make money at the same time. You can even take online classes while working full-time!. Let us know Does McDonald’s Pay For College?
Does McDonald’s pay for college?
McDonald’s is one of those franchises that has been around since 1954. Started by a man who wanted to make something better out of his life than working in a factory, Ray Kroc started a small business. Today, McDonald’s spans over 150 countries with more than 37,000 locations.
The franchise still keeps its original mission statement which was to serve quality food at reasonable prices and provide customers with fast service in clean surroundings. If you are interested in applying for a job at McDonald’s, it can be done online through their website.
If you do not have access to the internet or computer, you can fill out an application in person when visiting any location at McDonald’s. When filling out an application online or offline, there will be a section where you can request information about scholarships from them. It may take some time before receiving any response from them but it does not hurt to ask!
Does McDonald’s Provide Scholarships?
Scholarships are a great way to earn money for college, especially if you can’t rely on financial aid or student loans. McDonald’s is indeed a thriving business with millions of dollars to spend each year. But do they give out scholarships or help employees find ways to finance their education?
Unfortunately, it doesn’t appear that McDonald’s gives out any official scholarships at all. However, some franchisees and individual restaurants have been known to offer scholarships to employees who work hard and show promise.
If you want a scholarship from McDonald’s, your best bet is to apply directly through your local restaurant. As mentioned above, many individual restaurants have given out scholarships in the past – but only when they see potential in an employee who has worked hard and gone above and beyond his or her job description.
The Pros of Working at McDonald’s
When people need cash or are trying to save up for something, McDonald’s often comes to mind as a potential employer. Despite some unpleasant stereotypes and unfortunate history with labor practices, working at McDonald’s can be a great way to supplement income while in school.
From their competitive wages to great employee discounts on food items, here are three reasons you should consider applying at your local Golden Arches
Competitive Wages and Benefits :
While most people don’t work at McDonald’s simply for the money, it is important to note that employees are compensated fairly for their time and effort. This isn’t just limited to hourly workers; many salaried positions offer health benefits and 401(k) matching programs. And if you happen to live near one of McDonald’s corporate locations, there may even be tuition reimbursement available!
Flexible Scheduling :
Many students have busy schedules filled with classes, extracurricular activities, internships, and more. If you find yourself juggling multiple commitments throughout your day, it might seem impossible to squeeze in a part-time job. Fortunately, McDonald’s offers flexible scheduling options for students who want to balance studying with earning extra income.
The Cons of Working at McDonald’s
While McDonald’s isn’t necessarily a bad place to work, it is far from ideal. If you are planning on applying at McDonald’s, make sure you know what working there really entails. With over 400,000 employees in more than 100 countries around the world, it makes sense that many people have wondered how working at McDonald’s affects their college education.
The good news is that while some of those who have worked in fast food end up going back to school to finish their degrees, most do not see their experience as detrimental to their future goals.
McDonald’s tuition assistance program
The program offers grants and tuition assistance to eligible employees seeking a high school diploma, a GED, or an Associate’s degree. Workers are encouraged to enroll in courses that can lead to long-term career success, including computers, English as a second language, business, and computer technology.
Grants of up to $2,500 per year (up to $5,000 total) are available on a first-come, first-served basis. McDonald’s also provides up to $750 per year ($1,500 total) in tuition assistance toward an undergraduate degree at any accredited two-year or four-year public institution.
In addition, McDonald’s provides paid time off for coursework and exams during regularly scheduled shifts. McDonald’s has partnered with several institutions across America to provide these opportunities to their workers. These include Houston Community College, Miami Dade College, Minnesota West Community and Technical College, Milwaukee Area Technical College, and Colorado Community Colleges.
As part of its commitment to supporting education programs within its stores and restaurants, McDonald’s will award $3 million in scholarships over three years through partnerships with Boys & Girls Clubs of America and Ronald McDonald House Charities.
Conclusion
McDonald’s does pay for your college tuition if you work as an employee in their restaurant. You may be wondering how much McDonald’s pays its employees. In 2011, wages ranged from $7.25 to $8.80 per hour and tips could increase by 33 percent more income. If you worked 40 hours a week at minimum wage, you would make about $1,200 every month before taxes. This is less than what most colleges charge for tuition each semester!
FAQ
Who is eligible for the tuition assistance program?
The tuition assistance program is open to McDonald’s employees who have been employed for at least 90 days and work at least 15 hours a week.
Which state has the most McDonald’s restaurants?
California has the most McDonald’s locations in the United States, with 1,189, accounting for 8% of all McDonald’s stores in the country.
What is the total number of McDonald’s restaurants in the world?
McDonald’s has a total of 39,198 locations in over 100 countries and territories throughout the world. For the past 16 years, this figure has risen year after year.
