The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from Business Wire

Wrap Up the Season of Giving Raising Funds for Educational Charities and Saving on Last-Minute Gifts with Upromise

<p class='bwalignc'> <i>For Every New Facebook Fan $1 Will be Donated to an Educational Charity, up to $10,000</i> </p> <p class='bwalignc'> <i>Upromise Doubles Cash for College and Features Free Shipping Dec. 16</i> </p>

Wednesday, December 14, 2011

Wrap Up the Season of Giving Raising Funds for Educational Charities and Saving on Last-Minute Gifts with Upromise14:41 EST Wednesday, December 14, 2011 NEWARK, Del. (Business Wire) -- In celebration of the season of giving, Upromise by Sallie Mae is wrapping up the season by contributing $1 for every new Facebook fan, up to $10,000, to the educational charity that receives the most votes. Also in the spirit of giving, Upromise can save shoppers time and money last-minute shopping with double rewards and free shipping offers at hundreds of participating online retailers on Dec. 16. “As a working mom of four, shopping for the holidays can be overwhelming,” says Melanie Feehan, blogger at TheCouponGoddess.com and Upromise member. “I like to find ways to stretch my budget which is why this year I plan to take advantage of the Upromise double rewards on free shipping day. I'll save money on gifts and for my kids' educations right from home!” Holidays are fast approaching and Upromise is here to help you give the gift of college with the following: Give to others with a simple click. Not only does Upromise by Sallie Mae help members save money for college for their own family or friends, now you can help raise money for one of three educational charities determined by the fans. Upromise will donate $1 to Reading Is Fundamental, Junior Achievement, or the Boys & Girls Club of America for each person who clicks “like” at www.facebook.com/upromise and becomes a fan. Each new fan is encouraged to vote for a charity and Upromise will donate up to $10,000 to the charity that receives the most votes. Give the gift of college. Friends and family can contribute money for college into a 529 college savings plan. For most 529 plans administered by Sallie Mae's Upromise Investments, Ugift enables gift contributions to go directly to a child's 529 college savings account. Make your holidays memorable with gifts that not only don't break the bank, but also add to it. On Dec. 16, you can earn “twice as nice” cash back for college with more than 900 popular online retailers at Upromise.com. Last year, Upromise members saved $12 million for college during the holidays by making eligible purchases through Upromise.com. Shop with a rewarding card. A recent Upromise survey revealed 41 percent of parents plan to shop with a credit card with rewards. Upromise World MasterCard card holders can earn 11 percent cash back for college on eligible online purchases through Upromise.com until Dec. 31, 2011. Information about rates, fees, other costs and benefits associated with the Upromise credit card is available at www.Upromise.com/Cardcenter. Ship, ship hooray! Save money and time on National Free Shipping Day on Dec. 16 at hundreds of online merchants. Crack the coupon code. Available online coupons are at your fingertips on Upromise.com for online retailers of choice. Sallie Mae (NASDAQ: SLM)is the nation's No. 1 financial services company specializing in education. Whether college is long way off or just around the corner, Sallie Mae helps turn education dreams into reality for 25 million customers. With products and services that include college savings programs, scholarship search tools, education loans, tuition 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. For more information about 529 college savings plans managed or administered by Upromise Investments, Inc. call 1.877.529.2980.Before investing in any 529 plan, you should consider whether your or the designated beneficiary's home state offers a 529 plan that provides its taxpayers with state tax and other benefits that are only available through the home state's 529 plan. Sallie MaeDebby Hohler, 617-454-6741dhohler@upromise.com