When it comes to saving money for college, many students and parents are turning to extra jobs, grants, student loans, and scholarships. But, there’s another way that you can earn money for college. At Upromise, they’ve gone the extra mile and made it easy to save for college.
What Is Upromise?
You can join Upromise for free. That’s right, absolutely free of charge.
Once you’ve become a member you can begin shopping on the Upromise website through featured shopping partners. These are merchants that you are already shopping with, but by buying things through the Upromise website, you can earn money for your children’s college education.
You earn cash back by shopping online, going out to eat, registering your store (both drug store and grocery store) loyalty cards, booking travel arrangements, and other shopping tasks and experiences.
You can also apply for the Upromise Master Card to help you earn money for college even faster. For each purchase, you’ll be earning cash back on your card. When you have earned cash back, you have three ways that you can use this money.
Save For College Using Upromise
The first way that you can use your savings from Upromise for college expenses is to put it into a college fund for your child or children.
The second way is to pay down a student loan with the money that has accumulated in your Upromise account. And, the third way is to get your cash back returned to you via a check.
If you choose to open a college savings plan, you can set it up to directly deposit your cash back into this fund. This fund is ran through a Sallie Mae High Yield savings account.
is a service that helps individuals save money to pay for college or to pay down existing student loan debt.
Once you join