Biz Write-Offs LogoBiz Write-Offs

Student loan repayment benefit for employees

Up to $5,250/employee

Can You Write Off Student Loan Repayment Benefit for Employees?

Short answer: Yes, and up to $5,250 a year is tax-free to employees under an educational assistance plan; the 2025 law made this permanent.

The $5,250 cap is indexed for inflation after 2026 and is shared with tuition assistance.

Records to keep: Keep receipts or invoices, proof of payment, and a short note of the business purpose.