Employee Loan Repayment Management
Since 1985, ISTS has helped organizations give the gift of education.
With more than 30 years of experience helping corporations offer scholarship and tuition programs, ISTS is the ideal “one-stop shop” for human resource professionals looking to enhance their company’s total rewards. Student loan repayment management from ISTS can help you navigate the hottest trend in employee benefits. Like a tuition assistance or reimbursement program, student loan assistance can be an essential part of the benefits package you use to recruit and retain top talent – especially if your target hiring pool is Millennials. As such, it is critical that benefits are available securely and consistently.
Loan Repayment Program Management
With our proven technology and dedicated staff, companies can sponsor initiatives that support their entire employee population – before, during and after their pursuit of higher education.
No matter what you call it – student loan repayment, loan reimbursement or loan forgiveness – our comprehensive solution is perfect for companies who already have a program in place as well as those that want to establish a new program. With ISTS, you can expect:
A team of trained staff who handle initial program setup and oversee day-to-day administrative activities
Customized Online Dashboard
User-friendly interface, easy enrollment and mobile capabilities
Enrollment invitations, payment approval reminders and payment confirmations
Secure Administrative Platform
On-demand access to reports and other insights for your program
Program guidance and technical assistance for participants by trained agents
Approve employee payments for remittance directly to loan servicers