CommonBond also has a platform called CommonBond for Business which focuses on
student loan benefits for employees — more specifically, it lets employers kick in on paying off their employees» student loans.
Borrower Application and Promissory Note (PDF) Fixed Rate Loan Application Disclosure (PDF) Variable Rate Loan Application Disclosure (PDF) Borrower Financial Statement Information (PDF) Borrower Federal
Student Loan Benefits Waiver (PDF) Borrower Authorization for Release of Student Loan Information (PDF) Cosigner Credit Application and Promissory Note (PDF) Cosigner Financial Statement Information (PDF) Automatic Payment Withdrawal (PDF)
[Check out these related articles: Natixis
Modifies Student Loan Benefits for Employees, New Study: Employer Perspective on Student Loans, or More Companies Adopting Employee Student Loan Repayment Assistance]
A lack of assistance for struggling borrowers that can lead to loss of
critical student loan benefits and protections, borrowers being victims of debt relief scams, and ultimately default, and
Lower... [Read more...] about Benefits of Refinancing your Student Loans
When partnered with employers, Gradifi's
student loan benefit plan allows for the employers to make direct contributions to the employee's student loan debt.
If you refinance your federal student loans with a Brazos loan, you will lose federal
student loan benefits such as income driven repayment or loan forgiveness options that may be available to federal student loan borrowers.
Fidelity Investments is launching a new
student loan benefit for employers known as the Student Debt Employer Contribution Program.
Since its fruition, CommonBond has funded over $ 1.5 billion in student loans and now offers student loan refinancing, in - school student loans, and a suite of
employer student loan benefits.
Finally, Gradifi, a company that specializes in
offering student loan benefit programs to employers, recently announced that 18 more companies have signed up to offer Gradifi's Student Loan Paydown Plan.
Gradifi, one of the leading companies that offers
student loan benefit programs to employers, announced that 18 additional companies are now offering Gradifi's Student Loan Paydown Plan (SLP Plan).
After this, you will need BND will review your application and send you the Loan Approval Disclosure and Federal
Student Loan Benefits Waiver.
More than 500 companies have expressed interest in rolling out
student loan benefits to their workers next year, said Tim DeMello, founder and CEO of Gradifi, a platform that lets companies, including PwC, Connelly Partners and Western Union, pay off some of their employees» student loans.
The company's signature feature, demonstrated at FinovateSpring 2016, is Genius Save, which enables employers to attach
a student loan benefit to their 401 (k) contribution.
«Like the 401 (k),
a student loan benefit invests back into employees,» Student Loan Genius» Content Manager Bobby Hilliard wrote on the company's blog last month.
CommonBond offers a comprehensive suite of
student loan benefits that can help all of your employees with student debt, regardless of income or credit profile.
For Members of the U.S. Armed Forces: What you need to know about your federal student loan benefits
Borrowers should research what Federal
Student Loan benefits they may be eligible for before choosing to include these loans in an EDvestinU Consolidation Loan.
The inside of the mailer says it is Notice # SLBPQN -01-A
a Student Loan Benefits Program — Pre-Qualification Notice.
And it includes information like how to qualify for
student loan benefits; how employees can certify their employees for certain programs; and how to make the most of existing payment programs,» CFPB director Richard Cordray said in a press release.
Austin Scott (R) has a problem with the fact that the average borrower «gets taxed on»
their student loan benefits.
This issue is now receiving more and more attention from employing companies; for instance, while companies offering
student loan benefits are small in number, they are up 5 % from the previous year.
For example, if you extend your repayment term, you could increase the total cost of your loans, and you may forfeit current and potential future federal
student loan benefits.
For example, just last week The Student Loan Report covered the story regarding Fidelity Investments who offered a new
student loan benefit to employers.
Activate
your student loan benefits.
We recommend that you consider the impact that these actions may have on
your student loan benefits and Total Loan Cost.
Before we go into detail about refinancing, keep in mind that it will turn federal student loans into private loans — causing you to lose eligibility for federal
student loan benefits and repayment plans like student loan forgiveness, forbearance and deferment protections, and income - driven repayment plans.
More
Student Loan Benefits For Veterans Last week, U.S. Democrat Senator Kay Hagan introduced a new bill that could simplify or add more student loan benefits for military service members, -LSB-...]
Depending on the service branch you choose to enlist in,
the student loan benefits will vary.
Hamilton, Ohio will begin offering a unique
student loan benefit to recent graduates that relocate...