Bilt Rewards Provides New Options for College students
Bilt Rewards right this moment introduced a big enlargement of its community of properties to incorporate pupil housing properties, with American Campus Communities (ACC) as its launch accomplice. Moreover, Bilt is now permitting members to redeem their Bilt Factors towards eligible pupil mortgage funds. These new additions come simply days after Bilt added Japan Airways as its newest switch accomplice.
Bringing Rewards to Campus
This new partnership with ACC will allow college students aged 18 and older to earn rewards on their pupil housing funds. The collaboration will start in late Could with Baylor College (U Pointe on Speight and The Union properties), with plans to increase to the broader ACC portfolio, serving practically 140,000 college students, within the coming months.
New Scholar Mortgage Fee Redemption Possibility
As a part of this enlargement into the scholar market, Bilt can be introducing a characteristic that provides members the choice to redeem their Bilt Factors towards eligible pupil mortgage funds.
Bilt Members can apply their Bilt Factors to considered one of their largest month-to-month bills, with 1,000 Bilt Factors equaling $10 in redemption worth on eligible pupil mortgage funds. That’s a good worth of 1 cent per level, however you’ll be able to nonetheless get higher worth by transferring to journey companions.
Beginning right this moment, Bilt Members can redeem Bilt Factors on pupil loans serviced by Nelnet®, MOHELA®, Sallie Mae®, Aidvantage®, and Navient®—with further servicers changing into obtainable all through the approaching months.