Caesars Entertainment announced a new education assistance program for the company’s nearly 50,000 eligible employees. Called “All-In On Education,” the program includes student loan debt repayment options, tuition assistance, scholarship opportunities for team members’ dependents and a 529 college savings plan.
“We believe in the power and potential of our team members, and we know that in helping them achieve their educational goals, we can shape the future of our company and the communities in which we operate,” said Stephanie Lepori, Caesars’ chief administrative and accounting officer.
“Our expanded education assistance program, All-In On Education, will support our team members on their educational journey,” said Lepori. “Whether they’re paying off student loans, working their way through school, or tackling an advanced degree, we want our team members to know that we are right alongside them every step of the way.”
The robust educational resource program is available to eligible full-time and part-time Caesars Entertainment employees. Highlights of the program include:
- an expansion of tuition assistance up to $5,250 annually for employees;
- a list of in-network school providers who offer low-cost education opportunities with partner schools, plus academic advisory resources;
- a new student loan debt repayment up to $5,250 annually for employees;
- a 529 college savings plan which provides tax advantage funding options for team members to save for their dependents’ education expenses; and,
- The Don Carano Legacy Scholarship, a competitive scholarship for dependents of employees offering up to $20,000 over four years to multiple recipients.
This scholarship was created in honor of Don Carano, founder of Caesars’ legacy company Eldorado Resorts, “as a tribute to his passion for the gaming industry and the family values shared by all team members,” according to the company.
