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Lowes to offer ‘debt-free’ education initiative, cover trade school costs

Lowe's has teamed up with Guild to offer more than 50 academic programs across 23 universities and learning providers

Lowe’s has announced a new initiative to offer “debt-free education” to more than 300,000 qualifying part-time and full-time employees, the company has announced in a statement.

For the program, Lowe’s has teamed up with Guild to offer more than 50 academic programs across 23 universities and learning providers in Guild’s Learning Marketplace, including Historically Black Colleges and Universities (HBCUs) and Hispanic-Serving Institutions (HSIs).

“The free programs are designed to help associates excel in their jobs today and build toward the careers of tomorrow within Lowe’s, including pathways into supply chain, logistics, data analytics, cybersecurity, technology and more,” Lowe’s said in a statement.

Janice Dupr√©, Lowe’s executive vice president of human resources added, “We actively listen to our associates to identify how we can help them in the many facets of their lives. This debt-free education offering is one of the many ways we’re working to help our associates reach their career potential while knocking down traditional barriers that often make it difficult for them to obtain a degree.”

The new program is in addition to Lowe’s long-standing tuition reimbursement program, which reimburses associates up to $2,500 annually in education expenses. Lowe’s offers Track to the Trades, a “company-funded pre-apprentice certificate program to help up to 4,000 part-time and full-time associates pursue careers in the skilled trades each year.” Lowe’s pays 100 percent of tuition for Track to the Trade diplomas in HVAC, solar, commercial HVAC, appliance repair, multi-family facilities management, electrical and plumbing.

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