Tuition.io, Inc.
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

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

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

  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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