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APTA has partnered with Highway Benefits to help private practice and physical therapy business owners easily offer tax-free educational assistance benefits, including employer student loan repayment and tuition reimbursement. As an APTA member, you'll receive a special discount of $500 off your one-time implementation fee when you sign up to offer this impactful employee benefit through Highway.
What's Included With Highway Benefits?
Highway Benefits helps private practices and physical therapy-owned businesses attract and retain talent, and companies can easily and affordably create, launch, and manage their benefit program with minimal effort.
Create
- Design a custom 127 plan that meets your talent and budget goals while remaining tax-compliant with Highway's expert team.
Launch
- Roll out your new benefit plan as quickly as you'd like.
- With launch guides, custom collateral, and a dedicated customer success team, Highway will help make sure your benefit is set up for success and announced with all the fanfare it deserves.
- Your employees can enroll with Highway in less than two minutes, simply by signing up and connecting their student loans to Highway's platform.
Administer
- Maintain your benefit plan with less than five minutes of effort every month.
- Highway takes care of all the heavy lifting, from onboarding new employees to dispersing contributions directly to employees' student loans, so you can focus on what matters most.
How It Works
Working with Highway is simple and straightforward.
- Get started by designing your benefit plan with Highway.
- Announce your new benefit plan to let your employees start enrolling through Highway.
- Highway handles the rest. We'll take care of all the administrative heavy lifting, from verifying student loans and employee eligibility to automatically sending your employer contributions directly to employees' student loans every month.
Why Should Your PT Employees Care About This Benefit?
- 91% of new PTs today graduate with some level of student debt.
- On average, a new PT graduate has around $142,000 of student debt, 80% of which is for PT-specific education.
Why Should You Care About This Benefit?
- Student loan repayment benefits offer employers a valuable edge when it comes to attracting and retaining talent.
- 86% of employees with student loans say they would commit to a company for five years if the employer offered an SLR benefit.
- Experts in the space estimate that an SLR benefit can increase retention for PT employers by 50%.
APTA members can unlock this deal by visiting Highway's website and scheduling a demo to get started. Enter the partner code APTA_PARTNER_50 when scheduling your demo.
Are you making the most of your membership?
We have vast benefits to support you throughout your career.