Student loan support is fast emerging as the must-have employee benefit for this generation.
BenElevate is an early stage fintech startup focused on providing individual borrowers and their employers with the tools, expertise and implementation support necessary to optimally manage student loan debt.
BenElevate is also proud to offer a market leading Loan Repayment Assistance Program (LRAP) for eligible organizations interested in funding accelerated debt forgiveness for their employees in a tax-advantaged manner.
In addition to the above, BenElevate maintains PSLFjobs, a jobs board dedicated to Public Service Loan Forgiveness (PSLF) eligible positions.
BenElevate's mission is to help employers recruit and retain talent by ensuring all staff are student debt-free, tax free, in no more than 10 years.
Since their inception, the navigation of programs like Public Service Loan Forgiveness has fallen squarely on borrowers, who are misled regularly by negligent loan servicers and an opportunistic private lending marketplace.
BenElevate was founded based on a simple premise: the single most effective means of managing debt is to have that debt forgiven.
Through Public Service Loan Forgiveness, employer sponsored benefits, and other means, such debt forgiveness is increasingly available.
BenElevate provides employers and their borrowers with the tools, expertise and implementation assistance necessary to drive broad, tax-advantaged loan savings, which will improve recruiting and retention of staff in a competitive and evolving marketplace.