Financial Wellness Benefits

Meaningful Benefits for All Employees

We didn't forget about the other 70% of employees

StuLo® is a package of financial wellness benefits designed to provide coverage options for all your employees--not just those with student loan debt. For an employer with a workforce of professionals whose average age is under 50, just under 30% of your employees are likely to hold student loan debt.

StuLo Benefit Component Highlights

Federal Student Loan Concierge

Average of $343/mo savings and $31,000 federal loan forgiveness

Private Student Loan Refinancing

Up to 40% loan payment reduction with average savings of $15,270

Credit Repair Concierge

Credit scores can start seeing improvement within 30-45 days

Financial Coaching

Unlimited telephonic counseling

Accident Insurance

$200/wk for up to 26/wks for accident caused disability plus $10,000 AD&D benefit.

Identity Theft Protection

Monitoring, resolution, and $1 million insurance*

Go To Detailed Benefits Description

Concierge-Level Service from StuLo Program Partners

Certified/Accredited Financial Counselors
Credit Restoration Technicians
Student Loan Consolidation Specialists
Student Loan Refinancing Team
Insurance Claims Servicers

Employee benefits can be complicated. We offer live agent telephonic support because that's what employees want.

71% of employees indicate a preference to speak to someone on the phone to help make informed benefit decisions.

StuLo Detailed Benefits Description

44 million Americans are saddled with an average of $37,000 of student loan debt and 29.5 million are under the age of 39.

Federal Student Loan Concierge

StuLo helps employees navigate the confusing process of federal loan debt.

Concierge-Level Service

Accredited Student Loan Specialists
Expertise in federal loan types and repayment program qualification
Consultative approach for determination of consolidation and repayment qualification
Full service, end-to-end, and streamlined document preparation and processing on behalf of the employee
Cuts 90+ day processing time down to 6-8 weeks
Referral to private loan refinancing marketplace for private loan debt and scenarios where consolidation service is not the best fit

Benefits to Employee

Free initial consultation for personal review of loans and finances to determine program eligibility on the first call
Creditworthiness is not a factor in federal consolidation and repayment programs
Savings average $343 per month and 79% reduction in payment
70% of customers qualified for potential debt forgiveness averaging $31,000
Member decides whether or not to make loan payments during 6-8 week consolidation application process
One-time service fee paid by employee in installments or as an employer-paid benefit

Private Student Loan Refinancing

A marketplace approach means employees can be matched with the right lender.

State of the Art Technology and Service

Access to a platform of over 300 non-profit, local, and community banks
Broad range of underwriting risk tolerance for income, credit, and debt ratios
Quick and easy 3 minute online application to determine interest rate qualification
High level of customer satisfaction

Benefits to Employee

Variety of loan types to meet employee objective of lower payments or accelerated payoff
Monthly payment reductions of up to 40% with average savings of $15,270
Fixed, variable, and interest-only repayment options available for up to first four years loan
Largest unemployment protection in the industry with up to 18 months
Access to private student loans for employees or dependent still in college
No cost to employee. No loan origination fees or prepayment penalties

$1.3 trillion of debt can be attributed to student loans and 25% of individuals are either delinquent or in default.

70% of American workers report that financial stress is their most common form of stress

Financial Coaching

Employees are not alone in financial stress. StuLo is here to help.

Live Agent Helpline

Immediate, unbiased, and confidential guidance
Certified/Accredited, experienced, and compassionate Financial Counselors
No cost to employees with unlimited number of calls

Online Resource Center

Library of resources, calculators, and planners
Interactive tools and worksheets for ongoing tracking with Financial Counselors

Common Concerns Addressed

Credit, debt and collections
Cash flow and budgeting
Large expense planning for education, mortgage, car, etc.
Life change events, like: birth, death, divorce, etc.
Elder Care

Credit Repair Concierge

StuLo can help employees to improve credit ratings for future financial goals.

Concierge-Level Service

Accredited Credit Repair Technicians
End-to-end document preparation and processing on behalf of employee
See improvements on credit reports within 30-45 days
Secured credit cards available if needed to re-build credit score

Online Technology

Proprietary software that allows us to efficiently and accurately update, review and process client files
24/7 online account access to monitor progress

Common Concerns addressed

Free initial consultation for evaluation of credit report and plan development
Remove inaccurate, outdated and erroneous derogatory items
Improve the accuracy of credit reports with all 3 major credit bureaus
One-time service fee paid by employee in installments or as an employer-paid benefit

89% of Americans have incorrect information on their credit report, lowering their credit scores.

63% of individuals are unable to handle an unexpected medical bill of $1,000 from their savings.

Accident Insurance

StuLo can provide employees with a benefit to prepare for unexpected income loss.

Insurance Coverage Details

Temporary Total Disability (TTD): Pays a weekly benefit of $200 after a 14 day Elimination period if an accidental bodily injury prevents you from performing the duties of your regular occupation.
Accidental Death & Dismemberment (AD&D): Pays $10,000 for accidental death and up to $10,000 for dismemberment if an accident results in a loss not otherwise excluded.

Policy Support

AD&D and TTD Insurance is underwritten by FEDERAL INSURANCE COMPANY, a Chubb company.
Online access for policy and claims
Insurance Service Representatives for policy questions and claims

Benefits to Employee

Guaranteed issue to all currently active employees
No cost to employees when enrolled in Credit or Student Loan service or as employer-paid
Can help to pay for medical expenses, individual debt, and other living expenses
Pays in addition to any other company sponsored or individual insurance policy

AD&D and TTD Insurance is underwritten by FEDERAL INSURANCE COMPANY, a Chubb company. This information is a brief description of the important features of this insurance plan. It is not an insurance contract. Coverage may not be available in all states or certain terms may be different where required by state law. Chubb NA is the U.S.-based operating division of the Chubb Group of Companies, headed by Chubb Ltd. (NYSE:CB) Insurance products and services are provided by Chubb insurance underwriting companies and not by the parent company itself.

Identity Theft Protection

Monitoring and resolution services for identity theft.

Plan Details

Social Security Number Monitoring
Online “dark web” Monitoring
Identity Verification Alerts
Account Takeover Alerts

Identity Theft Victim Assistance
Lost Wallet Protection
$1 Million Insurance* for covered losses and stolen funds
ID Vault® Password Protection

Benefits to Employee

Services provided by Identity Guard®
A dedicated case manager in the US to help fix identity theft
Online portal for secure account management
Coverage for individual with family options available
Plans start at $6/mo. as a voluntary option and discounted if employer-paid

* Identity Theft Insurance underwritten by insurance company subsidiaries or affiliates of American International Group‚ Inc. The description herein is a summary and intended for informational purposes only and does not include all terms‚ conditions and exclusions of the policies described. Please refer to the actual policies for terms‚ conditions‚ and exclusions of coverage. Coverage may not be available in all jurisdictions.

700 million identity records were breached in 2016 alone.

StuLo is available to Employers, Alumni and Trade Associations, and

can be embedded with other Financial and Insurance programs.

Go To Pricing

StuLo Program Partners

Best in class and industry leading companies

The vendor companies presented as part of the StuLo benefit offering are contracted to provide their services to individual StuLo members as independently owned and operated entities. The vendor companies are neither affiliated with, nor are they responsible for the services provided by Student Markets Group, Inc. or any other vendor company, in any way. Each independent vendor company represents and warrants only the services specific to their individual company’s offering as provided in the terms and conditions of their member services agreement.

About StuLo®

StuLo is an employee benefit and association-member benefit program focused on: financial wellness, student loan debt relief, and credit repair services. The benefit program takes a wholistic approach to providing a financial wellness benefit for all employees and members—not just a benefit to help student loan holders only. The aggregation of financial related benefits include: general financial coaching and online tools, concierge services to help with federal student loan consolidation enrollment, private student loan refinancing marketplace, concierge services to help with credit repair, accident insurance, identity theft security, and other financial related insurance benefits and non-insurance services. As an alternative to an employer-funded student loan repayment assistance benefit, StuLo provides significantly more benefit value at little to no cost to the employer or association.