Half of American parents are saving for college and for those who are
not, 47 percent cite a barrier other than money, such as not knowing how
to start or procrastination, according to a national study from Sallie
Mae and Ipsos. To spur families across the country to get started,
Upromise by Sallie Mae today launched its second annual “Make
the Pledge, Keep the Promise” $100,000 giveaway, with celebrity mom
Elisabeth Rohm.
Best known for her roles on Law & Order and The Client List, actress
Rohm is mom to five-year-old Easton and writes a weekly celebrity mom
blog on People.com. “My parents were always supportive of my education
aspirations. Graduating from college before beginning my acting career
was a major personal accomplishment and I am already planning for my
daughter’s college education,” said Rohm, a Sarah Lawrence College
alumna. “I’m proud to work with Upromise by Sallie Mae to encourage more
families to take action and start saving towards their children’s higher
education goals.”
Whether you’re saving for a child’s future, paying for your own college
expenses or paying back a student loan, you can enter to win when you
share why you’re committed to turning the dream of education into
reality. To enter, visit Upromise.com
to sign up for free membership and take the pledge now through Oct. 10.
For additional chances to win, shop through Upromise.com, dine at
Upromise partner restaurants or download the free college savings tool
“RewardU.” Fifty finalists will be randomly selected, and the public
will vote to select the 10 grand prize winners of $10,000.
“Most parents want to help their kids pay for college but many simply
don’t know where, how or when to start planning for it,” said John Ward,
senior vice president, Sallie Mae. “With this year’s Pledge giveaway we
aim to inspire thousands of people to start or supplement saving for
college.”
Upromise by Sallie Mae is free to join, and members have earned more
than $750 million in cash for college since 2001. Whether saving for a
child’s college education, paying for a child now in school or repaying
student loans, Upromise members can earn cash back for college through
everyday purchases, shopping online at hundreds of major retailers,
dining out, or booking travel. Upromise cash rewards can be invested in
a tax-deferred 529
college savings plan, deposited into a Sallie
Mae High-Yield Savings Account, used to help pay down an eligible
Sallie Mae student
loan, or sent to members in the form of a check.
Official Giveaway rules are available at http://shop.upromise.com/mall/pledge-official-rules.
Sallie Mae (NASDAQ: SLM) is the nation’s No. 1 financial services
company specializing in education. Celebrating 40 years of making a
difference, Sallie Mae continues to turn education dreams into reality
for American families, today serving 25 million customers. With products
and services that include 529 college savings plans, Upromise rewards,
scholarship search and planning tools, education loans, insurance, and
online banking, Sallie Mae offers solutions that help families save,
plan, and pay for college. Sallie Mae also provides financial services
to hundreds of college campuses as well as to federal and state
governments. Learn more at SallieMae.com.
Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are
not sponsored by or agencies of the United States of America.
Copyright Business Wire 2013