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The Ontario government announced Wednesday it has partnered with a private company called Higher Ed Points that will convert every 35,000 Aeroplan points — earned by flying Air Canada or using a TD or American Express Aeroplan credit card, for example — into a $250 payment towards the student’s debt under the Ontario Student Assistance Program (OSAP).
It’s the latest move Aeroplan and Higher Ed Points have made into higher learning. A growing number of colleges and universities, including York, Ryerson and most GTA community colleges, are already letting students use the system to pay tuition. While few students have used it yet — only a couple at Ryerson, a handful at Centennial — these institutions say they plan to promote the option more as this fall’s tuition comes due.