Student Loan Reimbursement

Student Loan Reimbursement  

Overview

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:

  • Pay off your debt faster
  • Save significantly on interest payments
  • Free up money for your other goals

 

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.

 

 

Enrollment

To enroll anytime throughout the year, visit www.netbenefits.com or call the number below:

How it works

Provide Information
First, you provide your loan information and upload a copy of your most recent student loan statements.

Get Verified
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.

Contact Us

 Phone
1-800-353-3425

FAQS

Answers about the plan, including eligibility, options, enrollment, customer service and more.
  • Who is the provider?

    Henkel has teamed up with Fidelity Investments to offer the Student Loan Reimbursement Plan enrolled through NetBenefits.
  • 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?

    Yes! Your Student Loan Reimbursement Program payments are considered to be supplemental, so you are responsible for ensuring that your monthly minimum amount is paid on time.
  • How can I get my loan statement?

    Here are two ways:

    Log in to your loan servicer’s website and look for a downloadable loan statement. Student loan servicers keep their statements in different places on their websites, but account information or payment history is a good place to start.

    If you receive paper statements in the mail, just grab your most recent statement. You’ll be able to snap a photo and use that for loan verification.

    Once you have the statement in hand (or on your computer), take a moment to check it for the account number, payment mailing address, and current total balance.
  • What if I have multiple loan servicers?

    If you have loans at more than one student loan servicer, you’ll need to decide where to send the extra payments. Directing extra payments toward higher-interest debt can make a bigger impact on overall savings, so it may be worth comparing your interest rates to decide. If you have multiple loans with a single servicer, you may have the option of entering either a single account number for all your loans or a specific account number for an individual loan. If your servicer doesn’t provide loan-level account numbers, give them a call and let them know how you’d like your extra payments to be applied.

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.