Gradifi Adds Financial Wellness Education to Offering

The firm has partnered with EVERFI so employers can address employees’ student loan and financial wellness needs.

Gradifi, a provider of student loan and college savings employee benefits, in collaboration with EVERFI, an education technology company, has launched a nationwide initiative to offer financial wellness education as an employee benefit.

EVERFI’s curriculum teaches money management basics about a wide range of topics, including savings accounts, checking accounts, credit cards, credit scores and identify theft. The three-to-10-minute modules also cover personal finance matters, such as budgeting, tax, and financial planning; securing a home mortgage; refinancing student loan debt and saving for education; developing an investment strategy; understanding retirement accounts; and managing risk and insurance.

Gradifi will offer EVERFI’s interactive content and tools to the more than 700 organizations using any of the following three solutions from Gradifi:

  • Student Loan PayDown, which enables employers to make direct contributions to pay down an employee’s student debt;
  • Gradifi Refi, which gives employees immediate access to leading student loan refinancing lenders with exclusive offers at no cost to the employer;
  • College SaveUp, which facilitates employer contributions to employees’ 529 college savings plans to head off the burden of student debt.

“We’re pleased to be working with EVERFI, which is the gold standard in financial wellness education. Together, we’re helping U.S. employers meet a real need by improving the money management skills of their employees,” says David Chang, CEO of Gradifi.

Gradifi’s initiative with EVERFI is part of a multi-faceted, employer-sponsored approach to educating employees and helping them relieve the burden of student loan debt.

To find more about the EVERFI program, contact Evan Willingham, EVERFI Vice President, Financial Education, 919-971-3415.

«