BabyMint Adds Offer to Repay Student Loans

BabyMint today announced an update to their reward program, now called BabyMint 3.0. You can now choose to have your shopping rebates directed to the repayment of your student loans. They will continue to allow you to cash out by check if you'd prefer or to have your rebates deposited into a college fund.

"For the past four years BabyMint has been helping families generate incremental college savings and -- through our 'Tuition Rewards' program -- qualify for guaranteed scholarship credits. Now, BabyMint 3.0 further enhances our leadership position in the college savings arena by allowing parents and families to direct their shopping rebates towards the repayment of their student loan debt," says Peter Davis, President and Chief Executive Officer of BabyMint. "No other college savings program offers this three-pronged solution to the challenge of educational funding."

The full press release is here.

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