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5 Steps to Designing and Launching a Student Loan Assistance Program

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Topics Covered

List

Defining Objectives

Establishing clear business objectives and then measuring progress towards them is critical for any new rewards program.   Choose from a list of objectives, along with key metrics you can then use to show the success of your student loan program.

Skills

Program Design

Employers building a student loan program can choose from offering information and calculators; providing personalized expert advice; or making a monthly contribution to loan repayments.  Whatever you choose, here are some key lessons to help formulate the best offering for your employees.

Performance

Maximizing Impact

Student loan assistance can enhance both your internal and external employer brand. To realize the greatest benefit, communications and program measurements need to be carefully planned and executed to support your top objectives.

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Win the battle for talent with strategic tuition assistance, education advising, and student loan repayment programs. EdAssist® transforms education programs so employers drive measurable outcomes in recruitment, retention, and engagement. Ensure your competitiveness, cultivate a deeper talent pool, and reduce your costs to fill key roles.

The leader in education assistance management, EdAssist allows organizations to engage employees with custom education plans, exclusive college discounts, and solutions that reduce stress and cost barriers. Employer education investments support talent management goals and help employees gain significant tuition savings from 200+ accredited educational institutions.

EdAssist is a Bright Horizons® Solution at Work. www.edassist.com.

5 Steps to Designing and Launching a Student Loan Repayment Program

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