It may seem too good to be true, but the Student Loan Reimbursement program can help you to pay down your student debt. You’ve worked hard to get through school and pay your loans, and now it’s time for a little help.
With this program through Fidelity, you’ll receive an extra monthly payment of $83.33 from Henkel (up to $1,000 per year) towards your student loans. That means you’ll be able to:
All you need to do is make sure to enroll—and continue to make your regular monthly payments. Note: when you enroll, it’s helpful to have your loan statement ready.
First, you provide your loan information and upload a copy of your most recent student loan statements.
Then, Fidelity verifies your loan and sends confirmation that your enrollment is complete. If, for any reason, your loan can't be verified, you'll be notified of next steps.
Payments get going
Once enrollment is complete, your employer will send payments directly to the student loan servicer/lender of your choice through Fidelity.
Track your progress
You keep track of payments through the Student Debt Program summary page on NetBenefits. You can also log in to your loan servicer/lender site to see that your payments are being received.
Who is the provider?
Am I eligible? Is my loan eligible?
To be eligible to take advantage of this benefit, you must meet the following criteria:
• Have qualified education loans that were taken out for your own education;
• Have an employment status of “active” and scheduled to work 20 hours or more per week; and
• Not subject to a collective bargaining agreement.
Employees on short-term disability are not eligible for this program until they return to active employment.
Should I keep paying my minimum monthly payments?
How can I get my loan statement?
What if I have multiple loan servicers?
To qualify for the program, you must apply, be approved, and register an eligible student loan through our dedicated website. Student Debt Program payments may take up to the second billing cycle to appear on your loan statement. Consult your loan servicer on how the Student Debt Program payments will be applied. Your Student Debt Program payment is a supplemental payment, so you are responsible for ensuring that your monthly minimum amount is paid on time.