the growing competitive job market means your clients need help with recruiting and retention.
Deliver the game changing retention solution
A Trifecta Benefit
Public Service Loan Forgiveness (PSLF) is a Federal Program to encourage Full-Time nonprofit employee to remain in public service. It states that after individual makes 120 qualifying income driven payments their remaining loan balance will be forgiven tax free. Leveraging this program properly will significantly enhance your support and maximize your benefit budget.
When PSLF is not possible refinancing options for lower interest and better terms are considered through our financing partner. On average refinancing can reduce monthly payments by $137 a month and save $16,400 over the course of the loan.
Student Loan Contribution (SLC) is your contribution towards an employee’s verified student loan. The contribution can go towards the monthly payment and ease cash flow, or towards principal to payoff sooner. Organizations may also choose to incentivize employees with an optional Milestone Contribution; a lump sum amount at anniversary dates to encourage retention.
We are the only company offering options for the employee to choose how their contribution is applied.
Similar to a retirement benefit, the employee will receive your contribution each month, and the remaining balance of their standard student loan payment will be sent to their loan servicer through payroll deduction. This ensures an on-time payment, and the monthly worry of student loan payments "disappears"!
A Win Win Win
Your Employee's Win with immediate relief and a plan for financial wellness.
Your Organization Wins; attract and retain talent; providing real relief, reducing financial stress.
Your Community Wins, significant monthly savings is returned to the local economy.