The Starbucks College Achievement Plan is a collaboration with Arizona State University to offer all full and part-time employees full tuition coverage for every year of college to earn a bachelor's degree. Starbucks realizes more than 70% of its employees are students or aspiring students, and see the ways they can support their employee's ambitions as investments in the future of the company. Tuition for ASU's online bachelor's program is about $15,000/year, which equates to around $60,000 for a full four years of coursework for a bachelor's degree. ASU automatically covers 42% of every credit taken, and Starbucks covers the other 58%, minus any additional scholarships or financial aid the student might qualify for. After the degree is completed, the employee can either choose to continue working for Starbucks or seek employment elsewhere. Students are reimbursed by Starbucks for the tuition costs at the end of each semester, and the funding is guaranteed as long as they don't leave the company in the middle of a semester, in which case they will be responsible for that semester's tuition.