Bilt Rewards Provides New Options for College students
Bilt Rewards right this moment introduced a big enlargement of its community of properties to incorporate scholar housing properties, with American Campus Communities (ACC) as its launch accomplice. Moreover, Bilt is now permitting members to redeem their Bilt Factors towards eligible scholar 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 scholar housing funds. The collaboration will start in late Could with Baylor College (U Pointe on Speight and The Union properties), with plans to develop to the broader ACC portfolio, serving practically 140,000 college students, within the coming months.
New Pupil Mortgage Cost Redemption Possibility
As a part of this enlargement into the coed market, Bilt can also be introducing a function that offers members the choice to redeem their Bilt Factors towards eligible scholar mortgage funds.
Bilt Members can apply their Bilt Factors to certainly one of their largest month-to-month bills, with 1,000 Bilt Factors equaling $10 in redemption worth on eligible scholar mortgage funds. That’s an honest 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 scholar loans serviced by Nelnet®, MOHELA®, Sallie Mae®, Aidvantage®, and Navient®—with further servicers turning into out there all through the approaching months.
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