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Cuyahoga County, OH eases employee financial concerns with College Now Student Loan Rescue Program

Cuyahoga County, OH College Now Student Loan Rescue Program

Завършен

The county approved a one-year, $25,000 contract with Cleveland education nonprofit College Now. Counselors guided county employees through loan restructuring options like the federal Public Service Loan Forgiveness Program. Participants in this program see their remaining loan balances eliminated after 10 years of on-time payments. The nonprofit estimated county employees could save approximately $300 per month during repayment thanks to restructured payments.

Finance Workforce Management Performance Incentives / Staff Engagement Innovation in Finance

Cuyahoga County, OH

County in Ohio

United States

Важни новини

Creating Pathways to Employment

College Now program helps adult learners overcome unique barriers.

Cuyahoga County employees receive help restructuring student loans - cleveland.com

Cuyahoga County employees with outstanding federal student loans will receive help restructuring their debt from College Now Greater Cleveland.

Успешен Проект

Three hundred Cuyahoga County employees sought College Now counseling during the program's first year. The average participant saved $306 per month.

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