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BenElevate partners with FosterUs to Provide Student Debt Resources for Millions

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BenElevate partners with FosterUs to Provide Student Debt Resources for Millions

November 15
18:03 2021
Starting soon, BenElevate will consult clients that will include an innovative LRAP (loan repayment assistance plan) product developed by FosterUs.

Phoenix, AZ – BenElevate (DBA PSLFjobs), an early stage fintech startup focused on providing the tools necessary for individual borrowers and employers to assess, monitor, and reduce student debt, is proud to announce a partnership with FosterUs, a nonprofit organization targeting student debt reduction.

The two organizations have signed an agreement where BenElevate will consult clients that will include an innovative LRAP (loan repayment assistance plan) product developed by FosterUs. The LRAP product allows non-profit and other Public Service organizations to fund targeted student loan debt relief for their employees without many of the restrictions imposed by existing plans, most notably tax liability.

Jason DiLorenzo, Founder and CEO of BenElevate said, “The FosterUs team has built a compelling product, and through this partnership we are excited to work with them to develop a consulting offering that maximizes that product’s utility to prospective customers.”

Heather Jarvis, co-founder of FosterUs, added, “I have known Jason for years, and when I realized that borrowers would benefit from FosterUs partnering with a company equally committed to student debt relief at the enterprise level, PSLFjobs and their mission immediately came to mind.”

The organizations will rollout the consulting offering in 2022 and will be cultivating prospective clients until then.

Media Contact
Company Name: PSLFJobs
Contact Person: Jason DiLorenzo
Email: Send Email
Phone: 416.722.8552
Country: United States
Website: https://pslfjobs.com/