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Student Loan Benefits

401k for student loans

About

Student Loan Benefits has developed a modern employee benefit that allows companies to boost their recruiting & retention success by reducing their employees student debt. Think 401k for student loans. There are three main components to the SLB program: 1. Optimize - each employee goes through the SLB platform to compare & apply for 70+ consolidation, refinance, and relief programs. 2. Pay - SLB integrates with a company's payroll system to automatically facilitate payments for the employee and utilizes repayment strategies to efficiently pay off the loans. 3. Match - employers can provide a matching contribution towards their employees' student debt, just like a 401k. With the Student Loan Benefits platform employees can: -Manage federal & private loans -Compare and apply for 70+ repayment options & relief programs -Build a customized plan that fits their budget -Set up automated payments through payroll -Receive a match towards their debt, like a 401k