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Educational Assistance Program Expanded to Cover Loan Repayments though 2025

January 15, 2021

Nonprofit employers may provide educational assistance programs to their employees as a benefit, to cover certain qualifying education expenses.  The CARES Act temporarily expanded the definition of “educational assistance” to include qualified student loans.  This expansion has been extended by the to include student loans through December 31, 2025.  Find out more in this article about the expansion of educational assistance programs.

Educational-Assistance-Program-Expansion

 

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