SEIU Offers Financial Assistance for Student Debt
Supporting services employees who incurred personal student loan debt prior to their employment with MCPS may be eligible for assistance to help them pay off student loans.
The Student Debt Fund is available to SEIU Local 500 unit members at MCPS. This fund provides assistance in paying up to 5 percent yearly of your loan balance at the time of hire, not to exceed 50 percent of the balance brought in to MCPS and not to exceed the existing balance in any given year.
Funding can be used to pay for programs at universities, trade schools, training programs and other institutions that provide educational opportunities for supporting services employees to do their jobs.
To be eligible, you must have been employed for a minimum of 12 months in an SEIU bargaining unit position, and you must attend a workshop on understanding the Student Debt Relief Fund and additional student debt relief options for which you may be eligible.
Upcoming workshops are held from 6–8 p.m. at SEIU offices, 12 Taft Court in Rockville. The dates are: January 21, January 29, February 13, February 19 and February 25. Register here.
You only need to attend one workshop. If you applied last year, you do not need to attend another workshop, but you must reapply for the fund.
The 2020 application period begins on Saturday, Feb. 15, and ends on Tuesday, March 31.