Overview

• Bilt Rewards has launched programs enabling members to earn points on student housing payments and redeem them for student loan repayments.
• The student housing rewards program begins with a pilot at Baylor University in late May, in partnership with Blackstone and American Campus Communities.
• Members can now redeem points toward student loans with five major servicers: Nelnet, MOHELA, Sallie Mae, Aidvantage, and Navient, with plans to add more.
• Bilt members earn one point per dollar spent, with 1,000 points equaling $10 in redemption value, applicable to travel, fitness, dining, and more.
• The company, valued at $3.2 billion in August 2024, continues to expand its payments network to address critical financial needs, including the $1.6 trillion U.S. student debt crisis.