09 Nov Banfield Launches Veterinary Student Debt Relief Program
Banfield Pet Hospital unveiled the Banfield Veterinary Student Debt Relief Pilot Program. Marking the latest development in the practice’s commitment to supporting its associates’ financial well-being, Banfield is set to launch a new debt-relief program for its veterinarians in December 2017.
“High levels of veterinary student debt are plaguing the industry, and Banfield is committed to helping veterinarians address this significant burden,” said Dr. Daniel Aja, senior vice president & chief medical officer, Banfield Pet Hospital. “As we continue to dedicate ourselves to continuous improvement as a practice, we’re investing in the new Banfield Veterinary Student Debt Relief Pilot Program to support our doctors first and foremost – but also set the bar for the veterinary profession to help address this industry-wide issue.”
The new Banfield Veterinary Student Debt Relief Pilot Program for eligible doctors will include three main elements:
- A low-interest refinancing option with supplementary .25% interest-rate reduction from a third party financial institution
- A monthly student-loan contribution of $150 paid by Banfield directly on qualifying student loans
- A one-time $2,500 payment for each qualifying Banfield student program in which the doctor participates prior to graduating
Learn more about the program and how you can apply here.