CDL Tuition Reimbursement

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This topic contains 2 replies, has 2 voices, and was last updated by  scott_hanson 1 year ago.

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  • #329

    scott_hanson
    Moderator

    Tuition Reimbursement (TR) is a plan some trucking companies have to attract new CDL drivers to the company. Typically, a TR plan will pay a new-hire driver a fixed amount each week/month if they have an outstanding loan which paid for their CDL training. In the few TR programs I have read about TR will not be paid to a driver that has paid cash for their CDL training. The details of any trucking company TR vary a bit. In such an example, you could borrow the money, even if you don’t need to borrow, and then repay the loan while receiving your TR payment. In some cases, you may want to have a written promissory note, if money was borrowed from friend or relative to pay for CDL. Your TR may require proof of your outstanding CDL loan.

    The amount the trucking company TRs pay may be more or less than your actual weekly/monthly CDL loan payment. If you took out a loan to pay for CDL school, you are obligated to repay your loan on the schedule described in your loan agreement. Your TR may pay you on a different schedule than your loan.

    IF YOUR NEW JOB IN TRUCKING DOESN”T PAY MORE THAN YOUR CURRENT JOB PLUS COST OF YOUR LOAN EACH MONTH, you may want to reevaluate if you should work for the trucking company you have in mind.

    #331

    Tommy
    Participant

    man, i wish i had these resources before i began my trucking career
    my company reimburses tuition, but only about 2/3 of my cost, which is odd, since they were the only company who didnt fully reimburse me what i spent.
    they do have good cents per mile, and i seem to be getting better miles than other new drivers i speak with, so i guess its better overall.
    just seems to be so much confusion and lack of direct information for us newbies.
    i appreciate your input
    thank you

    #333

    scott_hanson
    Moderator

    Good point Tommy. Before the internet & YouTube it was very hard to even get a “peek” inside the trucking industry. My dad got into trucking when I was 10-12, IIRC. I could ride with him sometimes during Summers. Other than that all you could do was find a trucking magazine like Road King or Overdrive, maybe listen in on CB radio, or talk to drivers at a truckstop, which outsiders may find intimidating. You REALLY don’t know what the job is like until you start doing the job. Now with YouTube and drivers like Red you can see almost all the technical details of trucking.

    It’s still hard to get a feel for how independent and jack-of-all-trades a driver works, not to mention the experience of so many hours on the road or just how bad most car drivers are 24/7. Each customer has their own way of doing things, and SOME grumpy customers just don’t understand why you don’t already know exactly what they want you to do, even though you have been on their property for 30 seconds and no other customer works like them. The best thing about some of the worst customers is you may never see them again. On days the only peple will a better office view are astronauts or airline pilots. I’ll never forget my taking a truck across the Hoover Dam, coming out of the hills and see Las Vegas light up like a post card, or driving through the Mojave Desert at 2 am with the temperature still 103 F.

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