I am interested to utilizing this temporary avenue to supplement my student loan repayment as I am full-time W2 employee but also have a sole member LLC in which I am the only the only 1099 employee. Am I able to create a qualified plan for loan assistance in my LLC for myself that dictates a $5250 tuition assistance for every tax year (until 2025) to take the write off and pay my student loans without paying the income tax on these funds?

My LLC gets paid when I work at my 1099 job and the funds just stay in my business account. I take no draw of any kind or regular salary. I am hoping to use the qualified loan contribution to minimize tax burden and pay off student loans with tax free income. 

I don't qualify for any student loan interest write off due to income level.