Make student loan payments manageable and plan for the future with BenefitEd.
BenefitEd can help you:
- Pay down your student loans through employer-funded payments
- Take years off the time it will take to pay back your student loans
- Save on interest over the life of the student loan
- Save for future education needs with a college savings plan benefit
What We Offer
BenefitEd will create a program built to fit your needs.
Employer-assisted Student Loan Repayment
Make regular contributions to employee student loans with a program that is easy to manage.Learn More
Realizing the Impact of BenefitEd
Use the calculator below to see how much you could save with an employer-assisted student loan repayment program.
How do I sign up for a BenefitEd student loan repayment or college savings plan benefit?
Eligibility requirements vary and are set forth by your employer. You will receive an email with a link to the sign-up page where you provide basic student loan or 529 plan information and determine which accounts will receive contributions. You’ll need your employee ID, name(s) of your loan servicer(s), and your student loan account number(s).
What is a student loan repayment benefit?
An employer who offers a student loan repayment benefit pays a portion of an employee’s remaining student loan debt in addition to the amount the employee is paying on the loan. The employee will continue to make payments in accordance with the terms of the loan. A student loan repayment program is not insurance and employees do not pay any premium.
What student loans qualify for this program?
All federal and private student loans qualify to receive payments. The loan must be in the employee’s name.
What information do I need to sign up for this benefit?
Your name, employee ID, name(s) of your loan servicer(s), and your student loan account number(s).