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As the premiere outsource organization for education assistance programs, Scholarship Management Services has a solution for you.

There are plenty of reasons why offering an education assistance program through SMS is good business—it's good for recruitment, retention and productivity, and your company can do good for America while saving money on administrative costs.

 

Check Out Your Options

The most common types of education assistance programs SMS typically administers are scholarship programs, tuition assistance programs and education loan programs. SMS also administers a number of unique programs that do not fit within any of these program types. We can help you start a new program or take over management of an existing program.

 

Start a Program

The SMS Regional Marketing Directors will help you set up a program from start to finish. Our knowledgeable staff will help you determine appropriate eligibility requirements, program calendar and award distribution. As a client, SMS will assist with all aspects of program administration:

  • Selecting the type of application (electronic or paper)
  • Creating the application and promotional materials
  • Processing applications
  • Verifying employment
  • Selecting award recipients
  • Award notification to all students who apply to the program
  • Provide the necessary ongoing communication
  • Press releases
  • Payment processing
  • Providing detailed program management reports


Outsource a Program

If you already have a program that you are administering inhouse and are interested in outsourcing a program, contact us today for a free consultation. SMS can take over the administration burden, allowing you to focus on your core competencies.


Why Offer an Education Assistance Program?

Often times, employers find themselves saying they can’t afford to offer an education assistance program to their employees. However, once employers realize the benefits they receive in return, they find themselves saying they can’t afford not to offer an education assistance program.

    Recruitment  Offering an education assistance program is an excellent way to promote your company in today’s competitive job market.

    Retention – Offering a program to employees can develop a sense of loyalty to your company, significantly reducing recruitment and training costs.

    Increase Productivity  Allowing employees to expand their knowledge will increase your company’s productivity with more satisfied, productive workers. The knowledge employees gain will be used at work to find new and more efficient ways of doing their work.

    Social Responsibility – When offering education assistance programs, companies receive a number of benefits while making a positive impact in their communities by investing in America’s future.

    Cost Savings  The cost savings in recruitment and retention are significant; however, there are also tax benefits to offering education assistance programs. Your company will also see the savings in significantly reduced internal administrative costs.

 

Fees

SMS offers free consultations. The management fee is determined when your program design is established. Contact an SMS representative in your area to receive more information.