The person in question met his OTR committment of one year and the company never withdrew the $ for tuition ($150.00) from his monthly pay. He actually has gone 13 months.
Does he owe anything back to them now? If yes, what and why?
If you Finance:
Loan amount $3,900
Interest Free
13 payments # $300.00 each month
Swift will pay $150 each month through tuition reimbursement; in addition the driver will also pay $150 each month for a total payment of $300.00 each month. The loan will be repaid in 13 months and the tuition reimbursement will continue at $150 each month until driver receives $3,900.00.
Seat Reservation Fee $150 (NON-REFUNDABLE/CASH ONLY)
Cash price:
$3,900.00
$3900 to be refunded after service as a full-time driver for Swift
*Tuition Reimbursement ceases to all parties upon termination
Swift Terms of Tuition reimbursement
Discussion in 'Trucker Legal Advice' started by Jersey Devil, Mar 21, 2009.