Employer Student Loan Repayment Program
Attracting & Retaining Your Most Valuable Assets
Preferred Appreciation
Show appreciation for your employees by helping them with their future.
Valued Recognition
Let employees know you value their education and training with a financial assistance benefit.
Clear Commitment
Show employees that they are the most critical asset of your organization.
Financial Wellness
Help reduce financial stress with an Employer Student Loan Repay Assistance Program.
How It Works
The RISLA Employer Student Loan Repayment Program helps organizations support employee financial wellness by making direct contributions toward eligible student loan debt. We customize your program to save time, reduce administrative effort, and deliver a valuable employee benefit that helps attract, retain, and reward top talent.
Employer Customization
We work with your HR team to identify eligible employees and create a repayment benefit tailored to your organization.
- Create personalized employee groups based on your preferences
- Customize contribution amounts per employee
- Choose flexible payment schedules, including monthly, quarterly, or annual options
Pricing & Implementation
Our team manages enrollment and payment administration to simplify the process for your organization.
- Enroll eligible employees and manage program participation
- Employers approve employee contributions within the program
- Payments are distributed directly to employee loan accounts based on your selected schedule
Communication & Reporting
Track participation and measure program impact with ongoing reporting and employee communications.
- Monthly enrollment reports and participation updates
- Employee payment confirmations that reinforce program value
- 24/7 access to payment history, summaries, and reporting through a customized dashboard
Employer Student Loan Repayment Testimonial
It is an incredible privilege to be offered my employer's Employer Student Loan Repayment Program Benefit. Student loans are a burden that, unfortunately, most new employees in the life sciences industry carry. Being offered to participate in this program has helped me save a significant amount of time and interest paid back on my student loans. I can pay off almost double my monthly minimum payment, and, in combination with this benefit program, I’m expected to pay off my loans in 2 years instead of 9.
Knowing that I will receive monthly payments from this program that apply directly to my student loans helps with my financial planning. I don’t have to put aside funds from my bank account; instead, the money is automatically sent to my loan provider by RISLA. It is a relief to know that the debt I owe for my college education will be paid off in a few years rather than over a decade, as most lenders offer. A great deal of money can be avoided by staying ahead of my loan repayment schedule.
I am grateful to my employer for finding the RISLA program and offering it to the new graduates at our company. It’s not often you find an employer that offers such beneficial services, so I consider myself very lucky to be given the opportunity to partake in this program.
Allison
