Should I sign up for one or all programs?
Student Loan Rebates is designed to make it easy and convenient for you to get a good deal and pay down your student loan.
You choose what works best for you.
Multiple sign up - get the best deal |
Single sign up - pay down your loan faster |
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| How | Join all partner programs and maximize rebates on individual purchases. | Join one program and shorten the time it takes to earn money in your account. | ||||||||||||||||||||
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| Strategy | Suppose you want to buy a camera online at Best Buy. All partner programs offer a rebate for Best Buy, but the size of the rebate differs with each program. Choose the program that offers the best rebate (Upromise, 3%) and shop through that site. |
Each partner program works independently, so you must earn the required amount in each account before that money will be credited to your student loan. If you join and shop through only one program, you will reach your required amount more quickly. |
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| Upside | You get the most for your money. |
Pay down your loan faster. |
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| Downside | It takes longer to earn enough money to apply to your student loan account. | You may not get the best rebate available on individual purchases. | ||||||||||||||||||||
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