The United College Savings Plan is designed for our company to partner with our team members who wish to further their education at any two or four year college or university. A team member who has completed 90 days of service may invest from his/her weekly paycheck an after-tax amount starting at $5.00.
United will provide a weekly contribution according to the following schedule, provided that the Team Member’s contribution meets or exceeds United’s contribution.
- $5.00 weekly match for Team Members with less than one year of service; not yet vested.
- $5.00 weekly match for Team Members with one year of service; become fully vested.
- Up to $10.00 weekly match for Team Members with two years of service.
- Up to $15.00 weekly match for Team Members with three years of service.
- Up to $20.00 weekly match for Team Members with four years of service.
The match is earned by completing a college semester with a minimum cumulative GPA of 2.5. Talent Management must receive a copy of the transcript before a check will be issued.
The United College Savings Plan is available to all team members, including high school students. The plan is only available for company team members. The plan will not reimburse tuition bills for dependents of a team member.
Team members participating in the United College Savings Plan may also be eligible for a scholarship. Each summer, the company presents a scholarship to six different team members across the company. To apply for the scholarship, request an application from your Store Director.
To enroll in the College Savings Plan, complete the Enrollment Form and submit to Talent Management at the SSC. To request a change to your College Savings Plan account (change deduction amount, request withdrawal, etc.), complete the change form and submit to Talent Management at the SSC. Please note, to receive United’s match when withdrawing funds, you must submit your tuition receipt and transcript showing a GPA of 2.5 or higher.
