ON allows grads to use Aeroplan points to pay student loans

June 19, 2015

Through a partnership with Higher Ed Points, students can now useAeroplan points to pay down Ontario Student Assistance Plan (OSAP) loans. Using either their own points, or points from friends, family, or employers, students can redeem their miles in $250 denominations and then transfer the funds to their student loan account. Reza Moridi, ON Minister of Training, Colleges, and Universities, called the partnership an “innovative way [for students] to invest in themselves and their future.” Rajean Hoilett, Chair of the Canadian Federation of Students-Ontario (CFS-O), criticized the move as “yet another example of a government that treats Ontario’s student debt crisis like an episode of Extreme Couponing.” Toronto Star | Huffington Post | Higher Ed Points Release | CFS-O Release