March 1, 2018 - 

Gradifi, the leading provider of student loan repayment and college savings programs to U.S. employers, today said more U.S. employers are rolling out its innovative student loan repayment benefit to their employees.

In February, more than 20 companies agreed to offer Gradifi’s SLP Plan® (Student Loan Paydown) program, an HR benefit that helps employees accelerate the pay down of their student loan debt. Gradifi’s new clients include 3Q Digital, Renewal by AndersenCloudabilityHLB LightingL.I.P.D Consulting, and New York Psychotherapy and Counseling Center.

More than 350 companies are now working with Gradifi across the U.S.

“In today’s nearly full-employment economy, employers need to differentiate themselves to attract and retain talent,” said Meera Oliva, Chief Marketing Officer of Gradifi. “Gradifi’s student loan repayment program gives employers an opportunity to stand out and offer a benefit that is increasingly valuable to employees and their families.”

Through Gradifi’s SLP plan, employers make direct contributions to pay down an employee’s debt. For a loan of $26,500 – the median amount borrowed for a bachelor’s degree – a $100 per month employer contribution would save over $10,000 in principal and interest over 10 years for a loan with a 4% interest rate. The loan would be paid off three years faster as a result.

Student loan debt continues to be a major challenge for many college graduates and a key consideration in their choice of employer. According to research commissioned by Gradifi, eight in 10 consider student loan debt to be a significant source of stress. Ninety percent with outstanding student loan debt said a student loan repayment benefit would positively influence their decision to accept a job offer, to recommend an employer or to stay at their current employer.

About Gradifi

A First Republic company, Gradifi is an innovator in educational employee benefits for U.S. employers. Gradifi’s mission is to help employers compete more effectively for talent by providing employee benefits that support an employee’s investment in education. Gradifi offers both a student loan repayment benefit and college savings benefit program through its scalable, easy-to-implement online platform. Gradifi’s SLP Plan® is endorsed by the American Bankers Association. To learn more, visit or


For Gradifi
Elizabeth Yekhtikian, 617-686-9541

The material provided by E*TRADE Financial Holdings, LLC or any of its direct or indirect subsidiaries (E*TRADE) or by a third party not affiliated with E*TRADE is for educational purposes only and is not an individualized recommendation. The information contained in the third-party material has not been endorsed or approved by E*TRADE, and E*TRADE is not responsible for the content. This information neither is, nor should be construed as, an offer or a solicitation of an offer, or a recommendation, to buy, sell, or hold any security, financial product, or instrument discussed herein, or to open a particular account or to engage in any specific investment strategy by E*TRADE.

The E*TRADE Financial family of companies provides financial services, including trading, investing, banking, and managing employee stock and financial wellness benefit plans.

E*TRADE Financial Corporate Services, Inc. offers the Gradifi suite of financial wellness solutions, enabling employers to provide their employees student loan and college savings benefits.

Content and services available to non-US participants may be different than those available to US participants.

This is not an offer to sell or a solicitation of an offer to buy securities, products or services, by any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation.

The laws, regulations, and rulings addressed by the products, services, and publications offered by E*TRADE Financial Corporate Services, Inc. and its affiliates are subject to various interpretations and frequent change. E*TRADE Financial Corporate Services, Inc. and its affiliates do not warrant these products, services, and publications against different interpretations or subsequent changes of laws, regulations, and rulings. E*TRADE Financial Corporate Services, Inc. and its affiliates do not provide legal, accounting, or tax advice.

Always consult your own legal, accounting, and tax advisors. E*TRADE Financial Corporate Services, Inc., American Student Assistance (ASA), LendKey, Earnest, and MEFA are separate and unaffiliated companies.

E*TRADE Financial Corporate Services, Inc. (NMLS ID: 1959157)

© 2021 E*TRADE Financial Holdings, LLC, a business of Morgan Stanley. All rights reserved.