Industry

Reduce Your Student Debt With SEMA Loan Forgiveness Program

Loan ForgivenessBy Ashley Reyes

SEMA member company employees have an exclusive opportunity to apply to reduce their student debt through the SEMA Loan Forgiveness Program. Loan Forgiveness applications are open now and run through March 1 at sema.org/loan-forgiveness

The SEMA Loan Forgiveness Program issues awards up to $2,000 to individuals who are paying off a degree or certification from a college, university, or career tech school in the United States or Canada. Eligible applicants must demonstrate a passion for the automotive industry and have a minimum of $2,000 in student loans. 

"Receiving a SEMA loan forgiveness award presents a unique for our members to focus more on excelling in their careers, rather than be burdened by financial strain," said SEMA Manager of Recognition Programs Chris Standifer. "It also helps to ease their stress, motivating them to pursue new goals and thrive in the automotive aftermarket industry." 

The Loan Forgiveness program is open exclusively to employees of SEMA member businesses as a benefit of membership. Review the eligibility requirements and submit your application at sema.org/loan-forgiveness. Questions can be directed to Chris Standifer at Chriss@sema.org