Memphis, TN assists employees with educational costs through its Student Loan Reduction Program

Memphis, TN Student Loan Reduction Program Employee Costs

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.

MT

Memphis, TN

Municipality in Tennessee

United States