ALBANY - On June 15, 2022, Emory Healthcare introduced a new student loan repayment benefit in an effort to assist staff members who are in debt.
This new program is available to Emory Healthcare employees who are benefit-eligible and have worked there for 90 days. Employees are eligible to receive a $100 monthly loan payment (up to $1,200 annually), which will be remitted to the company that manages their student loans. The first tax-free contribution will be made in July. The employee's school loan will be paid off sooner thanks to these extra payments.if you are interested more in this type of information let’s go with us Emory Patient Portal
Lilicia Bailey, chief human resources officer for Emory Healthcare, said that the company is pleased to provide this new debt repayment benefit option to help valued staff members achieve financial student loan freedom.
The initiative is being provided by Emory Healthcare in partnership with the educational assistance benefits platform Tuition.io.
Employees who sign up with Tuition.io will have access to a comprehensive set of tools to monitor and eventually pay off their student loan debt. Resources include: one-on-one student loan coaching, a marketplace for refinancing existing student loans and information and assistance with loan forgiveness programs.
The programme can also assist with planning for future college funding. If an employee has children who will attend college, Tuition.io will offer advice on how to budget and pay for their education as well.
Our employees may be able to concentrate more on the future if their enormous student loan debt burden is reduced, according to Bailey.
The lifetime cap for each employee who receives the Emory Healthcare Student Loan Repayment Benefit is $10,000. Loans that qualify must be in the employee's name and have only been used for that person's education.
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