SHRM Leaderboard 1.27.26
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Savi

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Savi is a social impact tech startup in Washington, DC working to solve the student debt crisis. We take the guesswork, paperwork, and anxiety out of a very complex student loan process with our automatic and simple to use online tool. This is a huge issue with over 46 million student loan borrowers holding an average of $37,000 of debt per borrower. The good news, though, is that more than 25% of Americans work for an employer that could qualify for Public Service Loan Forgiveness. Our custom algorithm checks loans against 150+ federal repayment and forgiveness programs to help individuals better understand their debt, lower their payments, and sort through the maze of options available to them. Savi works with a variety of customers in non-profit, healthcare, and Fortune 500 companies. Savi is a unique student loan tool that functions as a primary benefit to greater financial wellness programs. Savi users are able to reduce their student loan payment by an average of $150/month (that's over $1,700/year in new savings!). These savings are well worth the investment. We've found over $1 billion in projected student loan forgiveness for our users! Savi is a unique student loan benefit offered by employers, membership organizations, and financial institutions to their employees and members. At no cost to the borrower, Savi discovers the best options for a borrower to reduce their financial burden -- and offers an upgraded subscription service to actually take over the application process for the borrower. Savi works like a "Turbotax" for student loans- helping borrowers navigate complex programs and submit annual paperwork. Every user can find savings and see their options for free, including loan forgiveness. HR gets a custom dashboard where they can manage the benefit and track the impact of the program. Savi can also support employer contribution or retirement matching student loan benefits.

Company Details

Address
1100 15th Street Northwest
Washington, DC 20005

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Categories

Employee Rewards & Recognition > Awards & Incentives
4/3/23- SHRM- MR
5/16/25- SHRM- 3:1
SHRM_3:1_6.15.20
7/14/22- SHRM 3:1
7/25/24- SHRM- 3:1
5th SHRM 2.17.26
SHRM 3:1 - 6th 2.3.26
8/7/23-SHRM- 3:1
SHRM 8th 2.18.26
7/11/22- SHRM- BLB
7/11/22- SHRM- BLB