Today, The Higher Ed Points program along with the Government of Ontario announced that they will provide college students with an innovative way to repay the Ontario portion of their Ontario Student Assistance Program (OSAP) loan.
This program will provide students with the option to pay a portion of their OSAP with Aeroplan Miles. In addition to being able to pay down OSAP through this program, many of our colleges offer the ability to pay a portion of your student tuition with Aeroplan Miles. A complete list can be found at: http://www.higheredpoints.com/participating-institutions/
MTCU has stated that, “Ontario’s partnership with Higher Ed Points will help students keep their debt levels manageable and reduce loan defaults. The Ontario government is very proud of the improvements made to the Ontario Student Assistance Program.”
I have reached out to The Higher Ed Points (http://www.higheredpoints.com/) for more information. Please let me know if you have any additional questions.