For employers
Build a broader, more sustainable pipeline of new hires who stay longer by addressing one of their biggest financial burdens — student loan debt.
Learn moreEmployers pay toward student loans.Nurses stay.
We connect employers with clinical students before graduation and tie student loan repayments to employment.
- Student loan repayments on top of salary and benefits²
- Opportunities in nursing, allied health, rehab therapy, veterinary, and more
- Free to explore, with no commitment
12,000+
students supported
<4%
year 1 turnover*
$200M+
committed loan repayment dollars
Who we work with
Trusted by leading health systems
Just a few of the employers hiring clinical talent through Clasp.
How it works
Think ROTC, but for healthcare
Employers commit to paying down student loans over a multi-year employment term, and commit to students before they graduate.
Connected before graduation
Employers offer loan repayment for specific roles. Students see the terms before they apply and meet the team before they accept anything.
Repayments sit on top of pay
Student loan repayments are added to salary and benefits rather than carved out of them.
Paid monthly, once employed
Once the new hire starts full-time, the employer's payment reaches their loan servicer every month of the multi-year term through the Clasp platform, so the balance comes down while the role stays filled.¹
In their words
The Student Loan Repayment Benefit Experience, From Both Sides
Hiring leaders on what it changed for their teams, and students on what it changed for them.
From students
Explore more student stories
It’s truly a once in a lifetime chance to begin my professional journey.
“It’s truly a once in a lifetime chance to begin my professional journey.”
Darby B.Novant Health
“To future students who are considering being a part of a program with Clasp — do it. It’s the best decision you’ll ever make.”
Chance N.Rochester Regional Health
“I’ve been able to focus on my education overall with much less stress about what the future holds for me.”
Loveth A.MyEyeDr. Pathways Program
“Not having to stress as much about loan payments really allowed me to put more energy into myself and my career.”
Bryce L.Boston Children’s
From employers
More from our employers“At Lionstone Healthcare, one of our values is to meet our employees where they are in their careers, supporting their growth, goals, and balance. Clasp allows us to achieve and promote this value with our teams while strengthening the care we provide to our communities.”
“This program is a strategic investment in the future stability of care for our community. By helping future clinicians train and stay here, we are strengthening access to the services patients rely on, while continuing to manage our resources responsibly in a rapidly evolving healthcare environment.”
“We’ve proudly partnered with Clasp for the past two years, and the growth has been remarkable. As our collaboration has evolved, we've successfully increased our candidate pool while building a strong pipeline of healthcare professionals to meet our long-term goals.”
“When students feel supported, they’re more likely to stay, to lead and to give back. This program strengthens the bond between OhioHealth and the communities we serve – starting from day one.”
“Through our partnership with Clasp, we’re helping new nurse anesthetists repay a portion of their student loans, with the goal of expanding this benefit to other roles in the future.”
“It’s totally changed the game for how we both recruit and keep our people. We turned on Clasp offering $25-36k over the course of five years for any new clinician in PT, OT, SLP.”
Why it matters
The debt that pulls people away can be the reason they stay
Clinical roles are hard to fill and harder to keep filled. Clasp ties student loan repayments to employment, so the biggest financial burden your future workforce carries becomes a reason to join and stay.
Without Clasp
- Recruit only from local schools where you have pre-existing relationships
- Compete on salary alone against everyone else hiring
- Sign-on bonuses that buy a year, not a career
- Meet candidates only once they’re already on the market
- Start the search over when they leave
With Clasp
- Access Clasp's school network of university partners
- Offer something a competing salary can’t match
- Repayments tied to tenure, month after month
- Meet clinical students ahead of competitors
- Keep the people you’ve already trained
As seen in
Clasp in the news
Who it's for
One program, three sides
Clasp sits between the employers who need clinical talent, the students training for those roles, and the schools preparing them.
What we do
We're fixing a broken system
We’re tackling critical talent shortages in the fields where it matters most — bridging the gap between education and employment, and widening access to that education along the way. We connect employers with clinical students before graduation and tie student loan repayments to employment.
For students
Get matched with an employer who wants to invest in your potential — monthly student loan repayments from your employer, sent to your servicer through Clasp, on top of salary.¹
Learn moreFor schools
Connect students with the funding they need to graduate and future employers who can help them jumpstart their career and reduce their debt burden later. Explore Clasp student finance.
Learn moreWant to talk it through?
Tell us what you're working on and we'll point you to the right team.
Questions
Your Answer to Employer-Sponsored Student Loan Repayment
The questions we hear most from employers, students, and schools.
What is Clasp?
Clasp connects employers with clinical students before graduation and ties student loan repayment to employment. An employer commits to paying down a set amount of a hire’s student loans across an agreed employment term, and the student sees that amount and that term before accepting anything. Employers reach talent earlier in fields where roles are hard to fill, and the people they hire have a reason to stay once they arrive.
How do the repayments actually work?
An employer commits a maximum student loan repayment amount over a defined employment term. Once the new hire starts full-time work, the employer's payment reaches their loan servicer every month through the Clasp platform, for as long as they remain employed and meet the terms of their agreement. Repayments are separate compensation — they sit on top of salary and benefits rather than being carved out of either. For a fuller walk-through, read how an employer can pay toward your loans.
What happens if an employee leaves before the term is up?
Repayments stop, but nothing already paid is taken back. Every dollar applied to the employee’s loans stays applied, even if they go on to work somewhere else. What ends is the future benefit: the employee resumes responsibility for whatever balance remains, and their obligation to their lender was always separate from the agreement with their employer. That is the mechanism that ties the benefit to tenure rather than to simply joining.
Is this student loan forgiveness?
No. Clasp doesn’t cancel debt, and this isn’t a government program. The balance comes down because an employer is paying it down, which is a different thing from a balance being written off — and it typically starts a good deal sooner. One practical difference worth knowing: employer-paid student loan repayment may be subject to applicable tax rules and to any required payroll reporting or withholding.
Is Clasp only for healthcare?
Healthcare is the focus today, given the scale of clinical staffing shortages across nursing, therapy, imaging, and related fields. The underlying model — connecting employers with students early and tying financial support to employment — isn’t specific to healthcare, and it’s built to extend to other hard-to-hire fields over time.
*Results may vary. Based on first-year retention across Clasp employer programs in 2025, excluding optometry.
FinWise Bank is not affiliated with the employers. FinWise Bank and Clasp are not involved in the program selection.
¹ Program selection is not guaranteed. If qualified, selected, and employed by a participating employer for a specified employment term, the employer will pay back up to a specified amount toward the student’s eligible, synced student loans in installments via the Clasp platform. In case of voluntary employment termination or termination with cause, failure to meet the terms of the student’s sponsorship agreement, or in the event the student chooses to leave the program at any time, the student is responsible to pay any remaining outstanding amount. The student is personally responsible for the financial obligations under their loan agreement(s). Any agreement between the student and their employer sponsor is entirely separate from their loan obligation(s) and will not in any way offset their obligations to their lender unless payments are made by them or any other party on their behalf.
² You may be subject to income tax for some or all of the loan payments made by your employer on your behalf. You should consult with a tax professional if you have any questions regarding tax consequences of your Student Loan Repayment Program.
Get started today with Clasp
Whether you’re hiring clinical talent, looking for a role that pays down your student loans, or placing graduates, it starts here.