The Coalition to Preserve Employer Provided Education Assistance is a broad-based group of organizations, companies and associations dedicated to ensuring the tax protection of employees who wish to take advantage of an employer’s tuition assistance program. Providing tax-free educational assistance is an important tool employers use to attract the best available employees and build a skilled workforce. Additionally, this benefit enables employees to continue their education, advance within their positions and obtain new knowledge to ensure their competitiveness in the workplace.
An employer's tuition assistance program is governed under Section 127 of the Internal Revenue Code which allows an employee to exclude from income up to $5,250 per year in educational assistance at the undergraduate and graduate level regardless of whether the education is job-related. Due in large part to the Coalition's efforts, this valuable benefit was made a permenent part of the tax code with the passage of H.R. 8, the American Taxpayer Relief Act on Jan. 1, 2013.
The Coalition is now dedicated to expanding the benefit, both monetarily by increasing the benefit amount, as well as to include student loan replayment.