Why Use Student Loan Rebates?
- Pay off your student loan months earlier!
- It's FREE.
- Earn even more when family and friends join.
How Student Loan Rebates Works
Sign up - It's free
- Sign up for our partner rewards program with Grad Gold at www.gradgold.com.
- Link up your rewards program and your active student loan account. Eligibility terms apply.
Shop and Earn - It's easy
- Shop at over 2,000 online merchants.
- Earn rebates on each purchase. As you shop, these rebates accrue in your rewards program account.
Reduce your debt - It's painless
- Reduce your debt and take months off your loan repayment without spending an extra penny!
- Once you've earned enough rebates, the money is automatically applied to your loan account on a quarterly basis.
Important: Rebates do not replace your regular monthly payments. Read the fine print.
Relax - It's safe
- We have ensured that our partner uses the best methods to secure your personal information. It's important to us.
How is my loan repaid faster?
Rebates are applied to your loan account in addition to your monthly payment, so you save on interest. Paying less interest means you'll pay off your loan sooner. Check out this example:
- Student loan value: $18,600
- Interest rate: 7.00%
- Repayment period: 10 years (120 payments)
- Rebates earnings: $11 a month with Student Loan Rebates
- Total savings: you could pay off your loan 8 months early and save $1,755.00
| No rebate program |  |
|
|---|---|---|
| Monthly payment | $215.97 |
$215.97 |
| The loan is paid off after | 10 years |
9 years 4 months |
| Savings on principal | $0.00 |
$1,221.00 |
| Savings on interest | $0.00 |
$534.00 |
| Total savings | $0.00 |
$1,755.00 |
