Scholarships valid at more than 300 institutions nationwide

Workpays.me, a innovative benefit program, is offering $200,000 in college scholarship to compliment its “Give Back” Initiative to help promote education and Financial Wellness for employees that participate in its program.

The scholarship is valid at more than 300 colleges and universities across the United States, for savings off standard tuition. Employees can earn as much as a full year’s tuition savings through the program for their children and extended family.

“We are excited to be offering this unique program to participating employees, to complement the tremendous value that Workpays.me already brings,” said Workpays.me founder and CEO Josh Verne. “It is extremely important for us to not only provide an alternative form of payment to employees but to also help promote financial wellness.”

Workpays.me helps to offset the traditional HR benefit costs for employers and provides the alternative form of payment to employees. The program gives employers the ability to open their own online company store that gives employees access to more than 50,000 name-brand quality items. There is no interest, no fees and no credit check involved with the program.

Purchased items are sent within seven business days with free shipping, and the only method of payment is through a flexible deduction directly from each participating employee’s paycheck over a specified amount of time.

With the average borrower facing up to $5,000 in credit card debt, the program promotes financial wellness by helping employees budget for extra expenses when they don’t have enough cash on hand. Every employee is assigned a shopping limit based on salary and garnishments to ensure responsible spending through manageable paycheck deductions.

“Considering tuition costs are rising rapidly and students are graduating with record levels of student loan debt – more than $26,600 per graduating senior -- we knew that this was an area that we wanted to help,” Verne said. “College has become an economic necessity for ensuring a financial future. College graduates earn an average of more than $1 million more than non-graduates over their lifetime.”

For more information about Workpays.me visit www.workpays.me or call 215.809.1703. The Workpays.me scholarship program is provided by MyScholarshipSavings.com.

About Workpays.me: Workpays.me has created an innovative benefit for employers with medium to large employee populations. It develops branded ecommerce stores where employees can purchase over 50,000 name brand quality items using payroll deductions. There are no fees, credit checks, or shipping costs for buyers. The only method of payments is through flexible deductions directly from participating employees’ paychecks over 2, 4, 8, or 12 months, depending on the total purchase cost. Employers receive benefits including funding for wellness programs, scholarships, and other worker-focused programs. Workpays.me is the next evolution of the employee store, fully outsourced and now available online with added benefits for both employees and employers.