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What is Summer?

Unlock meaningful student loan benefits that truly serve everyone concerned. Summer enables organizations to deliver customized and comprehensive student loan solutions that are easy to implement. This strategy results in an impressive 20% decrease in employee turnover while ensuring considerable cost savings. By reducing staff turnover and attracting the next generation of talent, you can develop a personalized solution that meets the unique needs of your workforce. No longer face student loan issues in isolation; learn how to introduce Summer's advantages to your organization. Elevate your offerings and nurture client loyalty by incorporating these sought-after financial benefits. Revitalize your employee experience with a strong student loan program that promotes loyalty and fairness among all borrowers. We have navigated the intricate regulations and jargon for you, alleviating that concern. Our distinguishing feature lies in our demonstrated capacity to yield substantial savings, boost retention rates, and enhance your standing as an employer of choice. Discover how you can roll out your tailored solution in under two weeks, creating a significant impact on your team. Investing in these benefits not only empowers your employees but also enriches the overall culture of your organization, creating a more engaged and satisfied workforce. Ultimately, this investment can lead to a more productive and harmonious workplace environment.

What is Gift of College?

Gift of College tackles a crucial issue faced by your employees: financing their education. This simple tool can greatly reduce stress for staff while promoting their financial health. Furthermore, you won’t have to pick a specific 529 plan to offer. With Gift of College, employees have the flexibility to contribute to any state's 529 college savings plan as well as to any student loan account, enabling them to make personalized decisions. It provides a streamlined approach for individuals to manage the repayment of their own or a family member's student loans through automated payroll deductions, which can be allocated to various 529 college savings plans or student loan accounts. Additionally, employers have the option to match contributions or make their own. The gift card is crafted to be accessible for employees, presenting a cost-effective and efficient way to give or match contributions to any 529 plan or student loan in recognition of milestones, appreciation, or special occasions, thereby cultivating a nurturing workplace atmosphere. This initiative not only benefits employees but also reflects positively on the organization, enhancing employee engagement and loyalty.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
On-Site Training

Company Facts

Organization Name

Summer

Company Location

United States

Company Website

www.meetsummer.com

Company Facts

Organization Name

Gift of College

Date Founded

2007

Company Location

United States

Company Website

www.giftofcollege.com/employers-and-529/

Categories and Features

Categories and Features

Financial Wellness

Not specified

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