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Last updated: August 21, 2024

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Forgiveness and savings amounts are not guaranteed and may vary per person. Eligibility depends on program requirements, availability, and approval. Not all individuals will qualify. Terms and conditions apply. Consult your tax professional for any tax-related questions.

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^†Banking services for the Employer Student Loan Contribution program are provided by OMB Bank, Member FDIC. Funds deposited for this program may be eligible for FDIC insurance coverage in the event of OMB Bank’s failure if certain conditions are met. Employers can refer to their Summer Services Agreement for additional information. Any savings guarantees or other benefits described are provided only by Summer PBC, not OMB Bank.