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

Financial Coaching

Unlimited telephonic counseling

Accident Insurance

$200/wk for up to 26/wks for disability plus $10,000 living & death benefits

Identity Theft Protection

Monitoring, resolution, and $1 million insurance*

Credit Repair Concierge

Credit scores can start seeing improvement within 30-45 days

Student Loan Consolidation

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

Student Loan Refinancing

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

Concierge-Level Service

  • 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

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
  • $200 per week for up to 26 weeks for temporary total disability caused by an accident
  • $10,000 accidental death benefit
  • Up to $10,000 in living benefits with cash payments for covered losses (full or partial loss of limbs, sight, speech, hearing, etc.)
Policy Support
  • A++ rated insurance carrier
  • 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

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.

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.

Student Loan Consolidation 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

Student Loan Refinancing Marketplace

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.

StuLo is striving to make a meaningful difference in your employees' lives.

StuLo Program Partners
Best in class and industry leading companies
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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.

Contact

Student Markets Group, Inc.

3420 E. Shea Blvd., #200

Phoenix, AZ 85025

Tel | 602-888-8144 Clients

Tel | 844-609-5937 Member

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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.

Copyright 2017 Student Markets Group, Inc. All rights reserved.