Help Employees Navigate Student Loan Repayment

An illustration of 4 employees with different talents

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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Borrowers Score Our Counselors

97% were very satisfied or satisfied with the support they received.
93% received very clear information.
95% are very or somewhat likely to use our counseling again.

Based on a recent survey we provided to borrowers after their call with us. These results reflect more than 2,800 responses.

“I am extremely grateful for the assistance today on the phone. This process has been very overwhelming for me, and your staff member today was not only professional and patient, she was kind and knowledgeable. She answered many questions I had and said she would have someone contact me to make sure that I am clear on the next step and my status. She was very good at her job, and considering I was very tearful in the beginning and ended the call very happy says a lot. Thank you!”

EMPLOYEE TESTIMONIAL – HEALTHCARE PROVIDER

“My representative was so very patient with me, as I recently transitioned to retirement, my loan servicer changed, payments are different, etc. I'm just grateful I had someone who took all the time needed for me to understand my options.”

EMPLOYEE TESTIMONIAL – TECHNOLOGY PROVIDER

“I found the advisor to be incredibly helpful — she looked at my application and assisted me with finding areas that I should have completed but missed!”

EMPLOYEE TESTIMONIAL – HEALTHCARE PROVIDER

“Super knowledgeable representative. This whole process is so confusing, and she made it so clear. It took me 20 minutes to wrap my head around who does what, but ALL my questions were answered. The training and expertise and knowledge of your people is so helpful for a lost soul like me. Also — and this is HUGE — I got someone right away. I almost thought it was an automated system but was so shocked to see a real person answered. Thank you!”

EMPLOYEE TESTIMONIAL – BANKING AND FINANCIAL SERVICES