PayForED is the nation’s only student loan assistance benefit that provides the software and educational resources to address the entire college planning, funding and student loan repayment process. The easy to use PayForED platform helps employees and their families navigate all of their options by generating customized answers at each decision point. PayForED evolves with the user as they face different borrowing choices, career and life changes.
With over 54% of student dollars now being repaid using Income Driven Repayment, student loan repayment is different than most traditional loan repayment strategies. PayForED’s innovative approach addresses this change with better personalized information that helps with financial wellness, financial stress and employee satisfaction.