Loyalty points to finance higher education
TORONTO, Nov. 7, 2013/CNW/ - Higher Ed Points Inc. has launched a revolutionary new program through its website www.higheredpoints.com which allows Canadians to convert Aeroplan Miles into payments for higher education. Students, their parents, friends and family members can all use miles to help offset the costs of college or university in Canada.
Starting today, Aeroplan Members can redeem their miles in $250 denominations and transfer the funds through Higher Ed Points Inc. to participating institutions in order to offset costs such as tuition, residence and meal plans fees.
"Everyone feels the pinch of trying to pay for higher education. The great thing about tapping into loyalty currencies is that everyone can participate," says Suzanne Tyson, Founder of Higher Ed Points Inc. "We're a nation of dedicated loyalty program participants, so even if students themselves haven't collected a lot of loyalty points, they still have a very good chance of knowing someone who would be only too happy to make a "donation" toward their higher education. The bonus is they won't have to write an essay or fill out an application!"
"Aeroplan is always looking for new and innovative rewards for our members to use their miles on," says Francine Sternthal, Director, Product Management, Aeroplan. "We're excited to work with Higher Ed Points to help make Canadian higher education more accessible."
Higher Ed Points Inc. has partnered with D+H, the leading provider of technology and servicing solutions for Canadian student loan programs, to ensure that the entire Higher Ed Points process, from the Aeroplan reward redemption through to the deposit of funds into a student's university or college account is 100 percent secure and reliable.
"Financial service providers have trusted us for more than 135 years to create the technology and deliver the services that help them provide innovative financial solutions for Canadians," said Yves Denomme, Executive Vice President at D+H. "We're delighted to bring all of that experience to our collaboration with Higher Ed Points to help Canadian students find alternative ways to help fund their post-secondary education."
About Higher Ed Points Inc. Higher Ed Points, through partnerships with best-in-class and like-minded Canadian corporations, is dedicated to finding innovative ways to help students and families fund higher education. After all, it takes a village to raise a mind™
About D+H D+H is a leading provider of the secure and reliable technology solutions that financial services companies trust to build deeper, more profitable relationships with their customers. D+H solutions enable clients to grow, compete, and deliver their desired customer experience, while its forward looking approach helps clients stay ahead of the market and anticipate changing consumer needs. In 2012, D+H rose to 35th on the FinTech 100, a ranking of the top technology providers, and is ranked 24th on the 2013 Branham 300, a listing of the top Canadian ICT companies. Davis + Henderson Corporation is listed on the Toronto Stock Exchange under the symbol DH.