Peanut Butter Insights: Do Employers Typically Cap Their Total Student Loan Contributions?

Peanut Butter Insights: Do Employers Typically Cap Their Total Student Loan Contributions?

In our discussions with potential clients, employers commonly ask about lifetime maximum caps on their student loan contributions for employees. Hoping to draw comparisons to other benefits. In this post, we’ll describe the best practices surrounding this concept. In...
How long does it take to set-up a Student Loan Assistance Program?

How long does it take to set-up a Student Loan Assistance Program?

When considering Student Loan Assistance as a new benefits offering, employers commonly ask about program setup time. It’s important to understand the legwork required to get things off the ground.  When it comes to Peanut Butter programs, the quickness surrounding...
Peanut Butter Feature to Know: What do employees agree to do as program participants?

Peanut Butter Feature to Know: What do employees agree to do as program participants?

When considering Student Loan Assistance, many employers are curious about what employees agree to as benefit participants. Along with their responsibilities in the program. Employees that elect to participate in a student loan repayment program with Peanut Butter...
Peanut Butter Insights: Employee Eligibility Criteria to Avoid

Peanut Butter Insights: Employee Eligibility Criteria to Avoid

Working with nearly a thousand clients nationwide, we’ve grown as experts in eligibility criteria employers most commonly use when offering Student Loan Assistance to employees. On the flip side, we’ve also observed eligibility criteria employers should avoid.  We...
Student Loan Assistance Programs With Peanut Butter

Student Loan Assistance Programs With Peanut Butter

With the average student debt borrower holding $31.4K in student loans, it’s no surprise that it’s a leading cause of financial stress for employees. The good news is that employers can help by offering one of Peanut Butter’s Student Loan Assistance programs. Below is...