SEIU Offers Financial Assistance for Student Debt

Last year, MCPS helped 65 support staff pay more than $121,000 worth of debt, though a new provision in the SEIU contract. This year, MCPS could help you!

The Student Debt Fund for SEIU Local 500 unit members provides assistance in paying up to five percent, yearly, of your loan balance at the time of hire. Some restrictions apply, but if you came to MCPS with student debt, this is a great chance to get some financial support in paying them.

The goal of this fund is to assist supporting service employees in paying off the student debt they brought into MCPS. This fund is meant to pay for programs at universities, trade schools, training programs and other institutions of learning that provide education to supporting service professionals to better do their jobs and serve the MCPS community.

In order to apply, you must:

• Be up to date on all loans
• Have worked at MCPS for a year, and
• Have completed a workshop on student debt

More information about debt workshops is available here. The Student Debt Relief Fund for SEIU Local 500 Bargaining Unit Members form (442-1) is available online.