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Tuition.io

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Tuition.io, Inc.
Company typePrivate
HeadquartersSanta Monica, California
Key people
Brendon McQueen (founder), Steve Pomerantz (co-founder), Scott Thompson (CEO)

Tuition.io is an American company that enables other companies to provide employer-paid student loan contributions as an employee benefit. The company is headquartered in Santa Monica, California.

Tuition.io's customers include Fidelity Investments,[1] Chegg,[2] and Staples.[3] More than 5,000 Fidelity employees, or about 11 percent of its workforce, signed up in the first three months of the program.[4]

Tuition.io raised $8.2 million in funding in 2015.[5]

History

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Tuition.io was founded by Brendon McQueen (Founder) and Steve Pomerantz (Co-Founder/President) in 2012. An alum of the Launchpad LA startup accelerator, the company launched into public beta in January 2013.[6] Current CEO is since 2016 Scott Thompson.[7] Since August 2017, Scott Simmons is CFO and COO of the company.[8]

Products

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Tuition.io offers student loan management tools, student loan repayment assistance, tuition assistance, so that clients can offer tuition reimbursement or scholarship programs, and they provide Public Service Loan Forgiveness Tools.[9]

References

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  1. ^ "Fidelity's student loan debt repayment benefit draws 5,000 workers - The Boston Globe". BostonGlobe.com. Retrieved 2016-04-20.
  2. ^ Report, The Hechinger (2016-04-18). "Move Over, 401(k)s: This New Perk Helps Millennials Pay Off College Loans". U.S. News & World Report. Retrieved 2016-04-20.
  3. ^ MarksJarvis, Gail. "Staples offering employees $100/month to help pay off student loans". chicagotribune.com. Retrieved 2016-12-01.
  4. ^ Bernard, Tara Siegel (2016-03-25). "Medical, Dental, 401(k)? Now Add School Loan Aid to Job Benefits". The New York Times. ISSN 0362-4331. Retrieved 2016-04-20.
  5. ^ "Tuition.io Secures $5M in Series A Financing from MassMutual Ventures and Wildcat Venture Partners". PR Newswire. 2015-11-18.
  6. ^ "Sites Target Helping College Grads With Empty Pockets - Camira Powell - News". AllThingsD. 2013-01-28. Retrieved 2013-09-01.
  7. ^ "Tuition.io offers employers new weapons in war on student loan debt". Employee Benefit News. 2021-02-02. Retrieved 2021-06-28.
  8. ^ "About Us". TUITION.IO. Retrieved 2021-07-05.
  9. ^ "Our Products". TUITION.IO. Retrieved 2021-07-05.
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