Meet BenefitEd


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 employees educational achievement and goals, you are rewarding the best and creating a competitive recruitment advantage.

  • Employee Choice

    employee

    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

    Help employees pay down student loan debt with direct contributions or matching programs to reward loyalty, ease recruitment and reduce employee financial stress.

    Learn Moreabout Employer-Assisted Student Loan Repayment

  • Employer-Assisted College Savings Program

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

    Learn More about Employer-Assisted College Savings Program

Student Loan Repayment Calculator

What is the impact employer-assisted student loan repayment 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.

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: Ticas.org, Gallup, US Department of Labor, American Student Assistance

Clients