30 Flexible Companies That Help You Pay Off Student Loans | FlexJobs

As a way to attract and retain top talent, some companies offer financial assistance to help employees repay part of their student loans.

And many of them post job openings on FlexJobs! Below are 30 remote-friendly companies that offer loan repayment assistance.

30 Remote-Friendly Companies That Offer Student Loan Repayment Assistance

These companies offer eligible employees financial assistance for repaying their student loans.

1. Abbott
2. Aetna
3. American Family Insurance
4. Ameritas
5. Atticus Law
6. BAM Communications
7. ChowNow
8. CommonBond, Inc.
9. Crossmedia
10. Evercommerce
11. Fidelity Investments
12. Google
13. GumGum
14. HCA Healthcare
15. Homesite Insurance
16. Live Nation
17. Main Street Bank
18. Medix
19. New York Life
20. NVIDIA
21. Parallon
22. Peloton
23. PricewaterhouseCoopers
24. Pure Insurance
25. Real Chemistry
26. SoFi – Social Finance
27. Teachable
28. The Hartford
29. Vituity
30. Weedmaps

Many of the companies on the list offer support through a monthly payment to those currently repaying their debt. Others, however, provide yearly contributions applied towards student loans (or even a 401k).  The payments can range anywhere from $50 to several thousands, usually with a maximum lifetime benefit, and may depend on your full-time or part-time status.

Student Loan Repayment vs Tuition Reimbursement

Student loan repayments are a fringe benefit offered by some employers (approximately 8% of companies in 2019). The company gives eligible employees funds specifically to pay off student loan debt incurred prior to working for the company.

Though loan repayment assistance is a company benefit, it is also a taxable benefit.

Tuition reimbursement is also an employer-provided benefit, but it reimburses your tuition for classes you take during your employment. Generally, you pay for the class or classes upfront and then get reimbursed for it like you would any other expense.

While loan repayment assistance is taxable, tuition reimbursement may not be taxable. It depends on the class or classes you take and why you are taking them. If the classes are work-related, the tuition reimbursement is likely tax-exempt. However, consult with a tax professional for your specific situation.