NEWTON, Mass., Might 27, 2010 (Company WIRE) — The dream of pursuing a greater training just became reality for Michele Sanborn of Chicago, IL and Tiffany Mink of Bristol, VA, the two grand-prize winners of Upromiseby Sallie Mae’s annual Tuition Tales on the internet video contest. Currently in its third year, Tuition Tales was developed by Upromise to jumpstart national conversations about saving and spending for university. Upromise asked Americans to share their methods for spending or saving-for- university inside a 30-second video at www.upromise.com/tuitiontales.
Just in time to celebrate 529 University Savings Day on Might 29, on the internet votes have been totaled and Michele and Tiffany had been selected from the compelling entries in every category – Saving-for-College or Paying-for-College — securing 6,341 and 14,001 on the internet votes, respectively. In all, a total of 64,000 votes had been cast.
Saving-for-College Methods
Michele Sanborn of Chicago, IL won over voters with her “Empty Pocket Blues” video submission, featuring her son Brian singing the savings-low, tuition-high, empty-pocket blues. Michele heard concerning the contest last year following her sister forwarded her a newspaper clipping of a local finalist and knew instantly it was the ideal chance to showcase Brian’s musical talent.
“Now I can get excited about going off to university without having worrying concerning the debt my loved ones will encounter,” mentioned Brian Sanborn, son of Michele, winner of $10,000 for university. “Thanks, Upromise for bringing me one step closer to my dream of studying music and pursuing my passion for jazz!”
Paying-for-College Methods
Tiffany Mink of Bristol, VA produced “Multi-tasking for College” a video in which she lists off everything she’s doing to spend for university such as selling vintage clothes on the internet, driving a car with 164,000 miles on it and wearing clothes from 1993.
“I’m totally overwhelmed by the amount of assistance from my friends, loved ones and co-workers,” mentioned Tiffany Mink, Tuition Tales $10,000 winner. “This whole encounter has been a once inside a lifetime chance and I’m exceedingly grateful that I got to be a part of it all. We’re so fortunate competitions like this exist. I believe it encourages individuals to pursue a greater training knowing they have some thing like Upromise to assistance them.”
“Michelle and Tiffany creatively illustrated ideas useful to families and university students in pursing the dream of greater training,” mentioned David Coppins, president of Upromise. “Now they’re every $10,000 closer to spending for their university dreams.”
10 finalists had been chosen by a panel of judges based on high quality, fit to theme and creativity and then posted on the internet for public voting which determined the two grand-prize winners. The grand-prize winners and also the eight remaining finalists every received a $500 Bank of America(R) Visa(R) Gift Card.
Upromise by Sallie Mae is really a free of charge plan created to assist families and students strategy, save and spend for university. The cash earned from everyday spending with Upromise partners goes directly into a Upromise account where members can select to invest their earnings inside a high-yield savings account or tax-deferred 529 strategy; use it to spend down a student loan; or request a check that could be utilized for university or other expenses.
SLM Corporation, commonly recognized as Sallie Mae, may be the nation’s leading saving, preparing and spending for training organization. Sallie Mae’s saving programs, preparing resources and financing choices have helped a lot more than 31 million individuals make the investment in greater training. Via its subsidiaries, the organization manages $182 billion in training loans and serves 10 million student and parent clients. In addition, the company’s Upromise plan has enabled 12 million members to earn a lot more than $525 million in rewards to assist spend for university. Its Upromise affiliates also manage a lot more than $25 billion in 529 college-savings plans. Sallie Mae provides services to a range of institutional clients, such as colleges and universities, student loan guarantors and state and federal agencies. Much more info is accessible at www.SallieMae.com. SLM Corporation and its subsidiaries aren’t sponsored by or agencies with the United States of America.
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