In order to transfer funds to an institution, a HigherEdPoints account is required.
Instead of redeeming your loyalty points for flights or merchandise, you can redeem them for a HigherEdPoints education credit.
35,000 Aeroplan points = $250
62,500 TD Points = $250
32,500 Membership Rewards Points = $250.
35,000 CIBC Points = $250
Once you’ve redeemed your loyalty points, return to your HigherEdPoints account (see Step 1 above) to transfer your funds to an institution.
Review the Checklist for each program to ensure you have all the information required to complete your transfer.
We’ll deposit the funds directly into your chosen student/loan account.
You’ll get a confirmation email once the transfer to the designated institution is completed. This may take up to 72 hours. You can also check your activity status in your Member Account.