Student loan debt puts stress on your employees. By making direct contributions to your employees’ loans, you can help them get out of debt sooner—up to three years earlier with a $100 monthly employer contribution.1
The numbers speak for us. With a student loan repayment benefit, your employees have fewer things to worry about—and more reasons to believe in your company.
of employees are happier at their company because they receive this benefit. 2
of employees are more likely to stay at their current job. 2
of employees feel an improvement in their stress as it relates to repaying student loans. 2
From paying down student loans to saving up for the future, Education Financing solutions are designed to boost your employees’ financial well-being.
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1Estimated savings based on $26,500 average undergraduate student loan balance at 4% APR, under a 10-year repayment plan. Estimated savings include total SLP contributions plus estimated interest savings. Assumes extra payments are applied throughout repayment term of the loan and that borrower continues to make regular monthly payments. Individual savings will vary.
2 Based on a 2019 survey of Gradifi members that have been receiving contributions through their employer's SLP Plan® benefit.
Morgan Stanley at Work services are provided by Morgan Stanley Smith Barney LLC, member SIPC, and its affiliates, all wholly owned subsidiaries of Morgan Stanley.
E*TRADE Financial Corporate Services, Inc. has engaged Vestwell Holdings Inc. to offer Education Financing solutions, enabling employers to provide their employees student loan and college savings benefits. These solutions are part of the Morgan Stanley at Work solutions. All loan brokering, lending, and money transmission services provided in connection with the Education Financing solutions are provided by Vestwell Holdings Inc. E*TRADE Financial Corporate Services, Inc. does not procure or make loans, or remit funds related to these products and services. Not all products and services offered through Vestwell Holdings Inc. are available in all jurisdictions; Education Financing solutions are not currently available in Connecticut or Vermont. Please contact Vestwell Holdings Inc. directly for additional information about its products and services.
The material provided by E*TRADE Financial Corporate Services, Inc. or any of its affiliates (E*TRADE) or by a third party not affiliated with E*TRADE is for educational purposes only and is not an individualized recommendation. The information contained in the third-party material has not been endorsed or approved by E*TRADE, and E*TRADE is not responsible for the content. This information neither is, nor should be construed as, an offer or a solicitation of an offer, or a recommendation, to buy, sell, or hold any security, financial product, or instrument discussed herein, or to open a particular account or to engage in any specific investment strategy by E*TRADE.
This is not an offer to sell or a solicitation of an offer to buy securities, products or services, by any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation.
The laws, regulations, and rulings addressed by the products, services, and publications offered by E*TRADE Financial Corporate Services, Inc., its affiliates, and Vestwell Holdings Inc. are subject to various interpretations and frequent change. E*TRADE Financial Corporate Services, Inc. and its affiliates do not warrant these products, services, and publications against different interpretations or subsequent changes of laws, regulations, and rulings. E*TRADE Financial Corporate Services, Inc. and its affiliates do not provide legal, accounting, or tax advice.
Always consult your own legal, accounting, and tax advisors. E*TRADE Financial Corporate Services, Inc. and Vestwell Holdings Inc. are separate and unaffiliated companies.
Morgan Stanley at Work services are provided by Morgan Stanley Smith Barney LLC, member SIPC, and its affiliates, all wholly owned subsidiaries of Morgan Stanley.
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