All Walmart and Sam's Club workers in the US will be eligible as soon as they've been with the company for 90 days. It applies to all part-time, full-time, and salaried employees.

For now, the degree choices are limited to an associate's or bachelor's degree in either business or supply chain management, but the company may offer more choices in the future, a spokesperson said.

Workers must pursue the degree at one of three colleges: the University of Florida, Brandman University or Bellevue University. All three schools have online, accredited programs tailored for working adults.

Walmart's perk for workers: Go to college for $1 a day

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