Skip to main content
Student loan repayment

The support you need for a debt-free future.

A young group of students smiling and talking as they walk and carry their school materials. Student Loan Repayment icon (unlocked lock)

Vestwell partners with employers to help you pay down student loans, decrease stress, and start building a stronger financial future. 

A workplace with student loan repayment can help you reach your long-term goals.

Pay back student debt faster and start saving for the future sooner with employer direct student loan contributions up to $5,250 per year tax-free.

Popup window of an Employer match program with Reported Payments listed above a submission tracker with amounts under review and validated.

Save where you need it most

Make payments on student loans and still make progress towards saving for retirement with employer matches.  

Graphic showing difference in time towards paying down student loans with employer contributions.

Get a leg up on paying down debt

Employers are able to make direct contributions to help you pay down student loan debt, so you can achieve your financial goals faster. 

Overview of setting up automatic monthly payments for student debt

Avoid increasing debt and interest

Focusing on paying down student debt now helps you get debt free sooner and eliminate extra money spent on interest. 

Student LoanPaydown popup to add a student loan account to profile.

Easily manage your debt online

Our user-friendly portal makes it simple to connect your student loans to your account and get the help you need with less stress. 

This has been a great benefit, not just financially, but also mentally, knowing that I'm finally making progress on my loans.

Quote

Rebecca A.

Student Loan PayDown participant

Understand your student loan repayment options with Vestwell.

Icon of a piece of paper on a pink background

Learning center

Increase your financial knowledge with interactive content modules that help you gain the insight you need to make smart financial decisions.

Icon of a calculator

Impact calculators

See what’s possible with personalized impact tools to better understand your student loan debt and repayment strategies that might work best with your personal goals.

Icon of a graduation cap

Student loan refinancing

Potentially lower your interest rates and monthly payments by accessing our curated marketplace of student loan refinancing lenders.

FAQ

Photo of a smiling woman looking off camera with a green background

Your Student Loan PayDown Plan is an employee benefit where your employer helps you pay down your student loans by directly contributing to your student loan account. Your company will send the contribution to Vestwell, and we will pay your loan servicer.

No, not currently. You must be the primary borrower on the student loan to participate in the Student Loan PayDown Plan.

Savings will vary by individual depending on how much student debt you have, your interest rate, and the contribution amount.

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.

Insights for the future you’re building.