Debt cancellation: The recently announced Biden-Harris Administration's Student Debt Relief plan includes student loan cancellation based on income. We encourage you to visit for the most up-to-date information, as we do not have any further details at this time.

Reward and Encourage a More Educated Workforce

BenefitEd helps you recruit and retain employees with education benefits programs that reduce the time it takes to pay back student loans and make it easier to contribute to a 529 savings account.

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Our Products

From student loan repayment to college savings, we provide a full range of education benefits programs to help progressive employers create a more engaged and productive workforce.

For Employers For Employees

Our Products

BenefitEd offers maximum flexibility to implement an education benefits program uniquely suited for your company. By supporting your employee's educational achievement and goals, you are rewarding the best and creating a competitive recruitment advantage.

  • Employee Choice

    Exclusively from BenefitEd, Employee Choice grants employees control over where their employer matched funds go. Employees decide if they want contributions to go to retirement savings, student loan repayment, or both—without adjusting your benefits budget.

    Learn More about Employee Choice

  • Employer-Assisted Student Loan Repayment

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    Help employees paying back student loans with direct contributions or matching programs to reward loyalty, ease recruitment and reduce employee financial stress.

    Learn More about Employer-Assisted Student Loan Repayment

  • Employer-Assisted College Savings Program

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    Help your employees save for future education—their own or their family’s—by supplementing 529 college savings program contributions, encouraging financial planning and helping them achieve their educational goals.

    Learn More about Employer-Assisted College Savings Program

  • Student Loan Refinancing

    Help employees keep more of their hard-earned cash by giving them access to a competitive student loan refinance program. There’s no easier way for you to help your employees flourish—all at no cost to you.

    Learn More about Student Loan Refinancing

  • Tuition Reimbursement


    Many employers now offer a Tuition Reimbursement benefit to help employees pay for continuing their education. BenefitEd acts as a third-party administrator to support your program, freeing up more time for your company to spend elsewhere.

    Learn More about Tuition Reimbursement

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Student Loan Repayment Calculator

What is the impact employer-assisted student loan repayment program will make on student loan debt? Use our calculator to show the time and money you will save on loans when employer contributions are applied.

Our Clients

BenefitEd solutions help businesses of all shapes and sizes stay competitive. Here’s just a few of the clients we’re proud to support.

Bon Secours Mercy Health

The Case for Student Loan Repayment and College Savings Programs

71 percent of students are graduating with student loan debt. This burden creates workplace stress that negatively impacts productivity. Some employees are foregoing major life events in order to pay off their loans.

By stepping up to address this need, you can create a more loyal workforce, fill open positions quicker, and stand out among your peers.

30.5 billion

Gallup estimates that millennial turnover is costing the U.S economy over $30.5 billion annually.

Among employees ages 25-34, the average tenure with a company is only 2.8 years.

2.8 years
5 years

86 percent of employees would be willing to commit 5 years of their career to a company that helps them pay down student debt.

Sources:, Gallup, US Department of Labor, American Student Assistance