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Final Call! Submit Your SEMA Loan Forgiveness Application by March 1

Loan ForgivenessBy Ashley Reyes

SEMA-member company employees have less than a week to apply to reduce their student debt through the SEMA Loan Forgiveness Program. Awards up to $2,000 are available to eligible individuals who submit their application by March 1 at sema.org/loan-forgiveness

The application requirements are as follows:

  • Currently employed by a SEMA-member business.
  • Demonstrate passion for the automotive hobby and career.
  • Possess a degree or certificate from a college, university or career technical/trade school in the United States or Canada.
  • Have a minimum of $2,000 in outstanding student loans.

"The SEMA Loan Forgiveness Program presents individuals with the opportunity to focus more on excelling in their careers, rather than be burdened by financial strain," said SEMA Manager of Recognition Programs Chris Standifer. "It also empowers them to pursue their passions more freely, while saving money out-of-pocket in the long run."

The Loan Forgiveness program is open exclusively to employees of SEMA member businesses as a benefit of membership. Review the eligibility requirements and submit your application at sema.org/loan-forgiveness. Questions can be directed to Chris Standifer at Chriss@sema.org