SANTA MONICA, Calif., Dec. 1, 2016 /PRNewswire/ -- Tuition.io, the nation's first and most comprehensive employer-funded student loan contribution platform, has been named a winner in the Enterprise Product of the Year – Software category in the 2016 Best in Biz Awards.
As the most complete student debt relief solution available on the market, Tuition.io empowers employers to attract and retain talent who are saddled with stifling student debt by helping them pay it down. As the first company to bring employer student loan contributions to market at scale, the award-winning platform has managed more than $2 billion in outstanding loans on its secure platform.
"It's an honor for our platform to be recognized by Best in Biz Awards for its contributions to help tackle the nation's crippling $1.3 trillion student loan crisis," said Noam Katz, Chief Technology Officer of Tuition.io. "Tuition.io has saved employees more than 5,000 years of potential student loan payments since launch and has helped to reduce delinquent loans by a drastic 20 percent."
The sixth annual Best in Biz Awards garnered more than 600 entries, from an impressive array of public and private companies of all sizes and from a variety of industries and geographic regions in the U.S. and Canada. Best in Biz Awards 2016 honors were presented in 60 categories and winners were determined based on scoring from an independent panel of 50 judges from widely known newspapers, business, consumer and technology publications, TV outlets, and analyst firms. The judging panel included AdWeek, Associated Press, Atlanta Tribune, CNET, Computerworld, Consumer Affairs, Entrepreneur, eWeek Channel Insider, Forbes, Healthcare Innovation News, Inc., Information Week, InfoWorld, MediaPost, Network World, Wall Street Journal, Wired, and ZDNet among others.
"If companies are going to stand out from the crowd and remain competitive in future years, innovation is key. The market is tough and there is no guarantee that today's dominant players will remain so — unless time and effort are concentrated on research and development," said Charlie Osborne, ZDNet, one of Best in Biz Awards' judges this year. "This year's entries in Best in Biz Awards highlighted not only innovative business practices but the emergence of next-generation technologies which will keep companies current and relevant."
For a full list of winners in Best in Biz Awards 2016, visit: http://www.bestinbizawards.com/2016-winners-product/.
Tuition.io is the nation's leading employee benefit platform empowering employers to better attract, retain and engage their next generation of talent who are saddled with stifling student debt by helping them pay it down. The first company to bring employer student loan contributions to market at scale, the award-winning platform has managed more than $2 billion in outstanding loans on its secure platform. Tuition.io works with companies of all sizes, from Fortune 500 companies such as Fidelity Investments and Staples, to startups including ChowNow and Chegg. Tuition.io is on a mission to provide an impactful solution for employers and employees across the country. For more information visit www.tuition.io or twitter.com/TuitionIO.
ABOUT BEST IN BIZ AWARDS
Now in its sixth year, Best in Biz Awards recognizes companies for their business success as judged by established members of the press and industry analysts. Best in Biz Awards honors are currently conferred in two separate programs: North America and International, and in more than 60 categories, including company, team, executive, product and PR and media. Entries for Best in Biz Awards 2017 International are currently being accepted until the final deadline on April 28, 2017. For more information, visit: www.bestinbizawards.com.
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