Saving for College by Using Coupons

Published December 6, 2011 by gweledydd

If you thought saving for college was next to impossible, for another day, or if you were praying your kid was good enough and poor enough to get scholarships and grants, FEAR NO MORE!!!  You can save for your child’s college education by using coupons!

Saving Star and UPromise have partnered up to help you save money for college.  UPromise is an online rewards program run by Sally Mae.  There are several ways you can utilize this into your saving plan. 


How can you earn with Upromise?

Here are just a few ways:

Upromise Online Shopping

Earn 1—25% back at over 800 online retail and travel sites.


Upromise Dining

Get up to 8% back at thousands of restaurants — on food, drinks & tip!


Upromise Grocery

Up to $40 a month in eCoupon offers at thousands of stores.


Upromise Credit Card

Earn 1% back on all your purchases, all the time.


Savings earned through these programs can either be put into a high yield savings account, invested, put towards existing student loans, or you can request a check for your earnings.  This is a great way to help build your child’s college fund or even pay down your existing student loans.


The coupons on UPromise are run by Saving Star, which is a similar program.  Every month Saving Star will load new coupons that you can load directly onto your store cards.  Instead of taking an amount off at the register, it will load the coupon amount into an online storage account.  Once you reach $5.00, you can then choose to release the funds to a bank account or request a gift card. 


Learn more by visiting their websites!


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