Editorials & Other Articles

Judi Lynn

(160,545 posts) Thu Jul 30, 2015, 04:48 PM Jul 2015

Canadian company allows students to use frequent flyer miles to pay tuition

Canadian company allows students to use frequent flyer miles to pay tuition

HigherEdPoints has partnered with Air Canada’s loyalty program to help ease students’ loan burdens with both their own and friends’ and families’ miles

Jana Kasperkevic in New York
Thursday 30 July 2015 14.28 EDT

If you are a college student or graduate in Canada, your frequent flyer miles can help you cut down on your student debt.

Partnering with Air Canada’s loyalty program Aeroplan, HigherEdPoints is allowing students to use their miles, as well as miles from their friends and families, to help offset their student loans and cover parts of their tuition.

The exchange rate is 35,000 Aeroplan miles for C$250 HigherEdPoints credit, which can then be applied to loans held by the Ontario Student Assistance Program (OSAP). OSAP joined as the participating partner in June.

The HigherEdPoints program is available to students at 70 colleges and universities. According to Bloomberg, some graduates have already successfully crowdsourced miles to cut down their debt.

More:
http://www.theguardian.com/money/2015/jul/30/canada-students-frequent-flyer-miles-tuition-loan-debt

2 replies

= new reply since forum marked as read

Highlight:

Canadian company allows students to use frequent flyer miles to pay tuition (Original Post) Judi Lynn Jul 2015 OP

Sounds like a cool idea, but it only benefits the more better-off students. arcane1 Jul 2015 #1

>>>thud<<< alphafemale Jul 2015 #2

arcane1

(38,613 posts)

1. Sounds like a cool idea, but it only benefits the more better-off students.

Reply to Judi Lynn (Original post)

Thu Jul 30, 2015, 04:52 PM

Jul 2015

At the time that I was in college, I had never flown on a plane even once, and neither had anyone in my immediate family except for my father, who had flown a few times. We would have been stuck paying full tuition because we couldn't afford to frequently fly.

alphafemale

(18,497 posts)

2. >>>thud<<<

Reply to Judi Lynn (Original post)

Thu Jul 30, 2015, 06:26 PM

Jul 2015

Can they also trade in their polo ponies?

Some of these ideas are so obviously thought up by people who are completely clueless.

Reply to this discussion