If you’re a member of SEMA and have a student loan, SEMA wants to help you pay it off.
The SEMA Loan Forgiveness Program provides funds to help current employees of SEMA-member businesses pay off educational loans from a university, college or trade school — such as Wyotech or McPherson College.
“Beyond the impact that the monetary awards provide, the SEMA Loan Forgiveness program is a passion-driven program aimed to help SEMA members further their careers in the automotive and performance parts industries,” SEMA said in a statement.
To be eligible, you must:
- Be currently employed by a SEMA-member business.
- Demonstrate passion for the automotive hobby and career.
- Possess a degree or certificate from a university, college, or trade school in the United States.
- Have a minimum of $2,000 in outstanding student loans.
The deadline to apply is March 1, 2024. Click here to apply.
Thank you for this article.
Thank you for sharing this article about SEMA’s offer to pay off trade school loans. It’s great to see organizations supporting individuals who have pursued education and training in a skilled trade. While this offer may be helpful to some, it’s important to note that not everyone may be eligible for the program. Additionally, for those who are not eligible, there may be other options for managing student loan debt, such as income-driven repayment plans or consolidation. It’s important to explore all options and carefully consider the long-term financial implications of any decisions related to student loan debt. If you’re struggling with debt and have bad credit, there may be lenders https://paydaysay.com/tj-maxx-credit-card-review/ who offer bad credit loans guaranteed approval, but it’s important to carefully review the terms and conditions and make sure you can afford to repay the loan before accepting any funds.