Attract and Retain Top Talent with Student Loan Repayment Assistance

In partnership with Savi, Ascendium helps employers deliver and administer student loan repayment and education benefits. The solution is easy to implement, customizable to organizational goals, and designed to reduce financial stress for employees while supporting retention and engagement.

Employers can:

Contribute directly to help employees pay down their student loans.
Verify employee student loan payments to support matching contributions to retirement accounts.
Reduce financial stress with tools and counseling to identify and enroll in affordable repayment options and programs.
Offer tuition reimbursement to support continued education and career growth.

Student loan repayment assistance is one of the fastest growing employee benefits.

Our Platform Helps Organizations Reach Their Goals

Make Contributions to Employees’ Student Loans

Easy on-boarding, and resources to create or amend your Education Assistance Program.
Dedicated support to help customize your plan, communicate your new benefit, and register participants.
User guides and customer support help employees complete enrollment.
Employer contributions are scheduled per customer preference, and reminder emails prompt administrators to authorize payments.
Funds are disbursed via electronic funds transfer or check.
Contributions are paid directly to employee’s student loan servicers.
Employees are notified of payment, and our Customer Support team handles loan servicer concerns.
Secure, SOC2 Type II audited platform with employer controls and reports.

Track Student Loan Payments to Support Matching Contributions to a Retirement Account

Easy onboarding, and resources to support conversation with your retirement plan provider.
Dedicated support to help you communicate your new benefit and register participants.
User guides and customer support help employees complete enrollment as payments are made.
Detailed reports summarize student loan payments, relay employee certifications, and are used to support program requirements.

Support Employee Education and Career Growth with Tuition Reimbursement

Streamline your tuition reimbursement program by automating the verification and approval process.
Help employees receive financial support to further their education while letting your HR team focus on other priorities.
Make sure your program runs smoothly and stays aligned with your policies.
Easily manage documentation, monitor employee progress, and confirm program compliance through centralized tracking.
Ensure employees follow your program’s guidelines by them working directly with us to collect and verify course details upfront to confirm eligibility.
Improve accuracy and reduce your team’s administrative workload.

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The competition for top talent is fierce. A student loan paydown benefit helps you stand out.

Introducing this benefit is easier than you might think — our employer’s guide can help.

SLRA Benefit Hero@2x

Student loan repayment assistance is one of the fastest growing non-health benefits.

Learn Why