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Memphis, TN assists employees with educational costs through its Student Loan Reduction Program
Memphis, TN Student Loan Reduction Program Employee Costs
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This first-in-the-nation program contributes $50 per month toward each approved employee's student loan principal. Eligibility requirements include full-time employment for at least one year and in-progress or completed degree work from an accredited university. Participants also need a minimum of "Meets Expectations" on their performance reviews for annual renewal. City officials approved the education benefits platform Tuition.io as the program operator.
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