Are you employed by a SEMA member company and still paying off student loans? If so, you're invited to apply to receive up to $2,000 towards your student loan balance through the 2026 SEMA Loan Forgiveness Program. Applications are open now and run through Friday, April 3 at www.sema.org/loan-forgiveness.
What is the SEMA Loan Forgiveness Program?
The Loan Forgiveness Program is a SEMA member benefit that issues financial awards of $2,000 to help employees of member companies pay off their student loans from a college, university or career technical/trade school.
What are the eligibility requirements?
- Currently employed by a SEMA-member business.
- Have at least $2,000 outstanding student loan debt.
- Possess a degree or certificate from a college, university or career technical/trade school in the United States or Canada.
- Demonstrate a passion for the automotive industry.
What are the benefits of being selected?
The SEMA Loan Forgiveness Program reduces your student debt, putting money back in your pocket and giving you the financial breathing room to focus on your career goals.
How to Apply
Review and complete the scholarship application at www.sema.org/loan-forgiveness before the Friday, April 3 deadline. Use program key "SEMA" to access the application. If you know someone who may qualify, SEMA encourages you to share this opportunity with them.