If, you have followed my blog very long you know I'm passionate about Upromise. What you need to know about them is the money you save with Upromise is real money that you can use any way you want. Not just on college. It's all based depending on your families needs.
Here's your choices when using Upromise.
1) If, you currently have a student loan you can use Upromse Loan Link (a free service) that lets you automatically transfer $25 or more each quarter from your Upromise account directly to your eligible Sallie Mae serviced student loans.
2) Invest in a 529 college fund. Put your Upromise savings to work in a flexible, tax-advantaged 529 college savings plan that gives you professional management, account control and much more.
3) You can choose to give your savings to family & friends to use for college. When they join Upromise, you can automatically transfer some or all of your savings to their account.
4) You can also request a check. This is an option if you don't want to automatically invest your funds for the future or pay down student debt. You can use the money any way you want. You can request one check per quarter.
If, you have not loaded the coupons onto your loyalty card do so, they normally expire each month. You have the potential of earning over $35 for college (or any way you want) this month. On average I have been earning about $20.00 per month.
If, you don't already have a Upromise account you can sign up here for free!