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1
https://educationdata.org/student-loan-forgiveness-statistics
2
https://educationdata.org/student-loan-forgiveness-statistics
3
https://www.forbes.com/sites/chrisstrub/2020/02/10/nonprofithr/?sh=8f2ef6c15caf
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For public service employers
Make PSLF work for your workforce
The federal Public Service Loan Forgiveness (PSLF) program cancels a borrower’s student debt after they’ve worked for an eligible employer for ten years. Sounds great, right?
Schedule Intro Call In reality, PSLF is confusing for borrowers and tedious for employers. And that puts the chance that an employee’s PSLF application will be accepted — and a major incentive for long-term loyalty to their employer — at serious risk.
Schedule Intro Call The PSLF experience with and without Candidly
Only 6.7% of eligible borrowers apply for PSLF 1
Without Candidly
Employees don’t know where they stand
Few employees know that PSLF is even an option — and if they do, verifying their eligibility status and keeping track of years’ worth of payment records is confusing and clunky
With Candidly
Every employee is in the know
Self-serve tools that demystify and streamline the end-to-end PSLF experience — from awareness to application — come standard for every employee
A third of denied PSLF applications are rejected due to incomplete or incorrect paperwork 2
Without Candidly
Employers are bogged down by the annual certification process
Signing off on workers’ annual employment certification paperwork — without letting any details slip through the cracks — is a tedious, manual task
With Candidly
Fulfilling annual certification requirements is hassle-free
Free up HR admins’ time — and remove the risk of human error — with smart solutions that automate and digitize the employment certification process
The voluntary turnover rate among nonprofit workers is 19%, outpacing the all-industry average of 12% 3
Without Candidly
Hiring is down and turnover is up
Private, for-profit employers capture would-be and current employees’ attention with flashy — and pricey — perks
With Candidly
Attracting and retaining top talent — for the long haul — is easy
PSLF benefits don’t just attract highly-educated talent: they incentivize long-term loyalty, thanks to the program’s requirement that a borrower must work for a qualifying employer for ten years
Solutions that benefit employers and employees alike
Employers
Digitize and automate employment certification process
Address employees’ top financial worry to improve adoption and engagement across the board
Attract and retain a highly-educated workforce
Employees
Check eligibility status and track payment history at a glance
Request employment certification with a single click, and get smart, automated reminders when it’s time to recertify
Switch to a repayment plan that meets PSLF requirements in minutes
Fully Configurable
Modular platform can be configured with the most relevant features.
Flexible Delivery
Available as a stand-alone platform or embedded into your native experience.
Fast-To-Market
Multiple integration options can get you to market in just days or weeks.
Save time.
Cultivate long-term loyalty.
