Trusted
From large tech and financial services firms, to smaller doctors’ offices and legal practices, we’re enabling businesses to address the most pressing financial stressors in their workforce.
Student loan repayment
Vestwell enables businesses to address the most pressing financial stressors for their employees and create a strong, happy work culture.
Strengthen employee wellbeing with Student Loan PayDown.
Help employees pay back student debt faster and start saving for the future sooner via direct student loan contributions up to $5,250 per year per employee tax-free.
Set your workforce up for success
Empower faster progress towards a debt-free future. Your contributions can help eliminate student debt years earlier and save employees thousands in interest.
Make your money mean more
Employer Student Loan PayDown contributions are tax-free for employees and tax deductible for you, increasing impact for your employees and your bottom line.
Stand out among the competition
Attract and retain talent by showing your lasting commitment and enabling employees to tackle their most pressing financial needs.
Supercharge employee engagement
Alleviate financial stress and promote a more productive, loyal workforce by enabling employees to tackle one of their most pressing concerns—financial security.
“This has been a great benefit, not just financially, but also mentally, knowing that I'm finally making progress on my loans.”
Remove retirement barriers with Student Loan Retirement Match
93% of employees with student loans say student debt has affected their ability to save for retirement.¹ Our Student Loan Retirement Match lets you match employees’ student loan payments with contributions towards their retirement account. With a student loan matching solution, your employees have an opportunity to lower their debt today while still saving towards tomorrow.
We enable your workforce to tackle student loans with ease.
Accessible
Our suite of savings solutions equips businesses to address employees’ long-term and short-term financial wellness goals — all on one, unified platform.
Proven
We are one of the originators of student loan repayment solutions. Since 2014, we’ve continued to be a leader in the mission towards a student debt-free future.
FAQ
Student Loan PayDown provides a contribution from your organization to help employees pay down their student loans. Employees also have access to tools and resources to help them learn how to reduce student loan debt today—and increase savings for tomorrow.
Remove student debt as a barrier to retirement savings by matching employees’ student loan payments with contributions towards their retirement account.
Employees are able to receive up to $5,250 in employer student loan contributions per year tax-free. State income tax treatment may vary by state. If you have additional questions about this, please consult your human resources department.