Gradifi And EVERFI Team Up To Provide Financial Wellness Education Programs As An Employee Benefit
March 06 2019 - 8:00AM
Business Wire
Gradifi, a leading provider of student loan and college savings
employee benefits, today launched a nationwide initiative to offer
financial wellness education as an employee benefit in
collaboration with EVERFI, the nation’s leading education
technology company.
EVERFI’s award-winning curriculum teaches money management
basics about a wide range of topics, including savings accounts,
checking accounts, credit cards, credit scores and identify theft.
The three-to-10-minute modules also cover sophisticated personal
finance matters, such as budget, tax, and financial planning;
securing a home mortgage; refinancing student loan debt and saving
for education; developing an investment strategy; understanding
retirement accounts; and managing risk and insurance.
Gradifi will offer EVERFI’s interactive content and tools to the
more than 700 organizations using any of the following three
solutions from Gradifi:
- Student Loan
PayDown, which enables employers to make direct
contributions to pay down an employee’s student debt;
- Gradifi Refi, which gives employees
immediate access to leading student loan refinancing lenders with
exclusive offers at no cost to the employer;
- College SaveUp, which facilitates
employer contributions to employees’ 529 college savings plans to
head off the burden of student debt.
“Gradifi’s collaboration with EVERFI is another innovative way
our team is helping organizations become an employer of choice,”
said David Chang, CEO of Gradifi. “We’re pleased to be working with
EVERFI, which is the gold standard in financial wellness education.
Together, we’re helping U.S. employers meet a real need by
improving the money management skills of their employees.”
EVERFI delivers financial education to more than 750 financial
institutions across the U.S. and has certified over 18 million
learners. First Republic Bank, parent of Gradifi, has been working
with EVERFI since 2015 to offer financial literacy programs in its
urban, coastal markets, educating more than 12,000 students over
the past four years.
Gradifi’s initiative with EVERFI is part of a multi-faceted,
employer-sponsored approach to educating employees and helping them
relieve the burden of student loan debt.
In 2018, Gradifi launched another innovative education program
in conjunction with American Student Assistance®, a nonprofit
organization that assists student loan borrowers better understand
their options. American Student Assistance provides phone and
online counseling to employees whose companies offer any of
Gradifi’s services.
To find more about the EVERFI program, contact Evan Willingham,
EVERFI Vice President, Financial Education, 919.971.3415.
About Gradifi
Gradifi is an innovator in employee benefits for U.S. employers.
Gradifi’s mission is to help employers build loyalty with their
workforce by providing employee benefits that positively impact
their employees’ financial well-being. Gradifi offers an
all-in-one, cloud-based platform that allow employers to offer
employees student loan refinancing opportunities, and
employer-sponsored contributions to student loans and 529 college
savings plan accounts. A unit of First Republic (NYSE:FRC), Gradifi
works with employers of all sizes across the U.S.
www.gradifi.com.
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For GradifiEd Harrison, 781.966.4158gradifi@inkhouse.com
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