Student Loan Program

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Programs to help you better understand and manage your student loans.

Allstate has partnered with CommonBond – a leading provider of student loan benefits – to assist you with your student loans and save for future costs of education.

Four services offered year-round

The following four resources are made available to employees/associates and their family members at no cost and at any time of the year.


Evaluation will help you determine the best course of action for handling your student debt. Whether you’re looking to lower your monthly payment on existing student loans or payoff your debt faster, this tool will you provide you with the information you need. You do not need to be enrolled in student loan repayment to use evaluation.

Save for School

Save for school will help you understand how to start saving for future costs of education now. With just a little set aside each month, you can significantly reduce the burden of paying for education later.

Student Loan Refinancing

Refinance all or some of your loans to save money every month or pay off your student debt faster.

Student Loan Counseling

Not sure about your repayment options? Take advantage of an on-demand 1:1 session with a CommonBond Student Loan Counselor to discuss a plan of action.

Interested in one of these services? Go to to get started.

Student Loan Repayment Program

Pay off your student loans faster by making additional contributions above your regular monthly payments.

During Annual Enrollment (or your initial enrollment period, if you are a new hire), you can elect to contribute Choice Dollars and/or a portion of your base pay via payroll deduction toward your student loans. The student loans must be in the employee’s/associate’s name. You must also enroll with CommonBond directly following your enrollment period in order to process your contributions.

If you require a personal response, please contact the appropriate party.