Your nonprofit
- Sign a 1.5-page agreement. Cancel anytime. No cost.
- Share the benefit with employees. Finnita provides the materials.
- That's it. Finnita handles enrollment, paperwork, and ongoing recertification.
Like giving your staff a raise — at no cost to the nonprofit.
Finnita enrolls your employees into federal repayment and forgiveness programs that can dramatically reduce or eliminate their student loan debt. Free to the nonprofit. No admin burden. 98% success rate.
Nonprofit employees carry significant student loan debt — and most don't know what they qualify for
Nonprofit employees carry an average of $50,000 in student loan debt — and many are eligible for Public Service Loan Forgiveness, which can forgive their remaining balance after 10 years of qualifying payments. But only 5% navigate the process successfully on their own.
Most don't realize that every year they've already been working at your nonprofit already counts toward forgiveness.
$50,000
average student loan debt across nonprofit employees
5%
succeed on their own
98%
succeed with Finnita
Every year your staff has already worked at your nonprofit counts
PSLF can forgive a nonprofit employee's remaining loan balance after 10 years of qualifying payments at a qualifying employer. 501(c)(3) nonprofits qualify — and the clock started the day each employee was hired.
A staff member with five years at your nonprofit may be just five years from zero. Finnita identifies how many years of credit each borrower has already earned and enrolls them in the program that maximizes their path to forgiveness.
Every employee at a qualifying 501(c)(3) is eligible — not just program staff
If your organization is a 501(c)(3) nonprofit, PSLF eligibility extends to every employee — program directors, fundraisers, administrative staff, finance, facilities, communications, everyone. Finnita enrolls all of them.
What your nonprofit does vs. what Finnita does
Finnita
- Works with staff to assess their optimum repayment opportunities.
- Handles all enrollment — paperwork, employer certification, servicer coordination.
- Manages annual recertification so no employee misses a deadline.
Arvin saved $421 a month — and he's on track for full loan forgiveness
Arvin is an admissions counselor at a nonprofit university with $136,290 in student loan debt. Before Finnita, he was on the standard repayment plan paying $684/month.
| Before Finnita | After Finnita |
|---|---|
| $684/mo payment | $263/mo payment |
| Standard repayment | PSLF enrollment |
| No forgiveness path | $120,540 projected forgiveness |
| 0 qualifying years credited | 2 years credited, 8 remaining |
What customers are saying
It was a great experience. The team was very professional, extremely knowledgeable and there was no pressure to sign up. They went over my options and made me feel comfortable in my decision.
Finnita did a great job of obtaining the required information and getting things completed timely. Speaking with the Customer Reps was quite effortless — quite refreshing to not have to go through multiple phone trees to get connected to a real person.
Very happy with the service and thrilled with the savings! Extremely easy and smooth process. 10 out of 10!
Nonprofit questions, answered
Is this really free to the nonprofit?
Yes. Finnita is completely free to the employer — no fees, no minimums, no budget line item. Borrowers pay for the service directly, and they're net-positive from month one: the average customer saves $468/month. There's no cost, no risk, and no administrative burden to the nonprofit.
What does the nonprofit actually have to do?
Sign a 1.5-page agreement and let your employees know the benefit exists. That's it. Finnita provides communication materials. We handle enrollment, paperwork, employer certification, and ongoing annual recertification. Your HR team doesn't manage anything.
Does this only apply to certain roles?
No. If your organization is a 501(c)(3) nonprofit, every employee is eligible for PSLF — program staff, administrative, finance, fundraising, facilities, everyone. Finnita enrolls all qualifying employees, not just mission-facing roles.
We already offer financial wellness benefits. How is this different?
Financial wellness programs educate employees about their options. Finnita enrolls them. We don't host webinars or send people to a self-service portal — our team completes the paperwork, coordinates employer certifications, and manages annual recertification. The difference is the 98% success rate.
How do we know Finnita is legitimate?
Finnita is a Delaware Public Benefit Corporation with values written into our corporate charter. We have a 98% enrollment success rate across all customers and all programs, and a 100% refund guarantee if enrollment fails. We never refinance federal student loans and never will. Other nonprofits like yours are already using Finnita.
What if an employee can't be enrolled?
100% refund. If Finnita can't enroll a borrower, every dollar is returned. No risk to the employee, no risk to the nonprofit.
