Montefiore St. Luke’s Cornwall Hospital has teamed up with Tuition.io to offer the organization’s 1,500 employees a new student loan repayment benefit.
As part of the Hudson Valley, New York-based hospital system’s new benefit, employees will be able to convert their unused paid time off into employer contributions toward paying down their debt. MSLC will offer all non-union workers the opportunity to convert 30 to 75 hours of unused PTO into a payment against student debt, which will be distributed semi-annually with a maximum of $5,000 in yearly contributions.
