Employees Move Your Company Forward

Contributing to their financial wellness can increase their commitment and loyalty to your organization.

Attracting and Retaining Your Most Valuable Assets

noun_stars_2794662-1

Preferred Appreciation

Show appreciation for your employees by helping them with their future.

noun_the best employee_2913840-1

Valued Recognition

Let employees know you value their education and training with a financial assistance benefit.

noun_commitment_3672040-1

Clear Commitment

Show employees they are the most important asset of your organization.

noun_Well_3341627-1

Financial Wellness

Help reduce financial stress with an Employer Student Loan Repay Assistance Program.

HARVARD BUSINESS REVIEW

"86% of young workers surveyed by American Student Assistance said they would commit to five years with an employer that helped them pay off student loans. Yet, only 8% of companies offer a Student Loan Repayment to their employees. With so few companies providing debt help, those that do often gain a recruiting edge."

OUR EMPLOYER STUDENT LOAN REPAYMENT PROGRAM

PERSONALIZED JUST FOR YOU

We do the heavy lifting for you by creating an easy to use  dashboard to keep you and your employees informed about the current status of all employer contributions, with a focus on security, and accessibility to provide seamless account management.

GET STARTED
Medical Staff Sitting at table listening to speaker

OUR SERVICES

Easy Implementation Gear with Circular Arrows
Easy Implementation
Simple & Secure Set-Up Gear and Wrench
Simple & Secure Set-Up
Customizable Online Dashboard Desktop Computer
Customizable Online Dashboard
Scalable for Any Organization People
Scalable for Any Organization
Seamless & Secure Transfer of Funds Safety Lock
Seamless & Secure Transfer of Funds
noun-support-2828255-1
Free Support for Employer & Employee

How Employer Repayment Assistance Program Works

We will customize your program saving you time, effort, and money, to offer a valuable solution to reward employees for their educated talents.

WE MAKE IT EASY AS

1 2 3
CANVA_03_ORGINAL_1200X800_300DPI_OPTIMIZED

ONE> Employer Customization

We will work with your Human Resources Team to identify employees with student loan debt and customize a benefit package based on your unique needs. Customization options include.

  • Eligibility: Personalized employee groups determined by you
  • Duration: Length of program availability e.g. number of years or up to maximum dollar amount
  • Contribution Amount: Dollar amount offered per employee
  • Contribution Frequency: Flexible scheduling of payment (monthly, quarterly, yearly)
CANVA_04_1200X800_300DPI

TWO>> Program Pricing & Implementation

Implementation is quick, easy, and NO COST! There are no minimums to meet and the only cost for this program is $4 per contribution disbursement, per employee.

 

  • You upload employee enrollment file
  • We activate eligible employees to our online portal, manage information, and contributions
  • You approve employees enrolled in the program for contributions
  • We will distribute and confirm payments to employee's accounts based on your requested frequency
Women typing on laptop at work
CANVA_05_1200X800_300DPI_OPTIMIZED

THREE>>> Communication & Reporting

Let us do the heavy lifting by tracking the impact of employee participation by delivering robust reporting of enrollment status and updates.

 

  • Monthly enrollment reports to keep up to date with employee participation
  • Employees receive payment confirmation to reinforce the program's value
  • Employers and employees have 24-hour access to online payment transactions, histories, and summaries through the RISLA Repay Dashboard

REQUEST PRODUCT DEMO

MAKING AN IMPACT MATTERS

Employees want to become financially independent to focus on their future goals, such as purchasing a home sooner or savings towards retirement. In the example illustrated below, you can see how significant this contribution can be to reduce the amount of time required to pay off a 15-year loan and the bonus of saving money by reducing the amount of long-term interest cost. These contributions can make a valued, positive impact by helping to reduce the financial stress caused by student loan debt that many employees in the workforce still struggle with today.

HOW CAN WE HELP YOU?

FAQ Resource For Employer Repay Program
Smiling co workers sitting around table

LOOKING TO SEE WHAT YOUR EMPLOYEES THINK?

Find out with a Free Personalized Employee Survey
Your employees will be able to rank student loan assistance as a benefit as well as get a detailed and anonymous profile of your employees' responses! 
 
  • Receive a customized survey with shareable link 
  • You can distribute link at your discretion
  • We will provide a detailed and anonymous profile of your employee's responses

Personalized Employee Survey

RISLA_LOGO_NO_STROKE_SQ_800X800_300DPI_OPTIMIZED

We Are Here For You

Financial Wellness has been a part of our DNA for over 40 years. Our evolution of services has grown exponentially throughout the years leading to product expansion beyond just student lending such as:

  • College Planning Center
  • Parent, Student & Graduate Loans
  • Student Loan Refinancing
  • College Scholarships
  • Employer Student Loan Repayment Program