Bilt Rewards has just announced two exciting changes that could transform how students and recent grads manage their money, including a new option for student loan payments.

By partnering with the largest student housing provider in the country and offering a way to use points to pay off student loans, Bilt is opening new doors for millions of young renters.

Let’s break down what this means, how you can benefit, and why Bilt Rewards points may be more valuable than ever.

Earn Bilt Rewards Points On Student Housing Payments

For the first time ever, students can now earn points on their rent payments – just like traditional renters do – thanks to a new partnership between Bilt Rewards and American Campus Communities (ACC).

ACC is the largest student housing company in the United States, managing properties near campuses across the country.

The partnership kicks off at Baylor University in late May, where students living at U Pointe on Speight and The Union will be able to earn Bilt Rewards points on their monthly housing payments.

Over the coming months, the program will expand to more than 140,000 students living in ACC-managed communities.

This is a big deal for students.

Rent is often the largest monthly expense for young adults, and most of that money usually goes unrewarded.

Now, with Bilt, those dollars can be turned into points that can unlock free travel, future rent credits, or even help with buying a first home.

Why it matters:

• Students aged 18 and older can now earn rewards and build credit history.
• Bilt Rewards points can be used for flights, hotel stays, rent credits, and more.
• Paying rent with Bilt is free and can be done without fees.

It is about time student renters started seeing benefits for the money they spend every month – and Bilt is leading the charge.

Use Bilt Rewards Points To Pay Off Student Loans

In addition to adding student housing to its network, Bilt has launched a first-of-its-kind feature that allows members to redeem points directly toward eligible student loan payments.

This comes at a time when student loan debt is a top financial concern.

Over half of college students graduate with loans, and the average borrower owes around $38,000.

Bilt is stepping in to offer real relief, letting users trade in points to reduce their debt.

Here is how it works:

• Members can redeem 1,000 Bilt Rewards points for $10 toward student loan payments.
• Loans must be serviced by one of the approved Bilt partners, including Nelnet, MOHELA, Sallie Mae, Aidvantage, and Navient.
• More servicers are expected to be added in the future.
• Redemptions can be made directly through the Bilt app or website.

This new feature sets Bilt apart from traditional points programs, which typically focus only on travel or shopping.

Bilt Rewards points now offer a practical, real-life use that directly addresses one of the biggest financial burdens for young adults.

According to Bilt CEO Ankur Jain, “Student debt is now the second-largest form of consumer debt in America. By enabling members to redeem Bilt Rewards points toward student loan payments, we are addressing a critical financial need.”

Why it matters:

• Every 10,000 points can erase $100 in student loan debt.
• Points used this way deliver meaningful, long-term financial value.
• Students and graduates gain flexibility on how they manage debt.

With this move, Bilt has positioned itself as one of the most flexible and valuable rewards programs on the market.

A Smarter Way to Use Points

These updates reinforce the growing appeal of Bilt, especially among younger consumers who are navigating rent, credit, and loans for the first time.

Beyond student housing and loan redemptions, Bilt Rewards points remain one of the most versatile currencies in the rewards world.

Members can still transfer their points to top airline and hotel partners, use them for future rent payments, or even save them for a down payment on a home. Each month also brings new perks through the Bilt Rent Day Rewards, giving users more ways to stretch their points.

Bilt has also introduced Neighborhood Benefits, which offer exclusive deals at local restaurants, coffee shops, fitness studios, and pharmacies – making it easy to earn and redeem points close to home.

Final Thoughts

If you are a student or recent graduate, Bilt is quickly becoming one of the smartest financial tools you can use.

From earning rewards on your rent to knocking down your student loan balance, Bilt is adding real value to your everyday expenses.

Getting started is easy, and there are no fees to use Bilt for rent payments.

Whether your goal is to travel for free, save money, or pay off loans faster, Bilt Points can help you get there.

Ready to start earning?

Visit biltrewards.com to learn more or to sign up.

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Kevin Zanes