DENVER, June 15, 2009 —Qwest (NYSE:Q) and Upromise, the college savings rewards program that helps its 10 million members save money toward their dreams of higher education, have teamed up to help families reconcile concerns about saving for college and spending smartly from day-to-day. Upromise members can now add communication and entertainment services to their already-robust list of mon/p>
“Through our partnership with Upromise, we’re able to extend the value of Qwest products and services while helping families save for one of the most significant investments they may ever make – a college education,” said Jim Vogel, Qwest vice president of sales.
“Qwest is committed to helping its customers realize their dreams of a higher education,” said David Coppins, senior vice president, Upromise. “Now, Upromise’s members can receive money for college when they sign up for Qwest services.”
Customers coast to coast turn to Qwest's industry-leading national fiber-optic network and world-class customer service to meet their communications and entertainment needs. For residential customers, Qwest offers a new generation of fiber-optic-fast high-speed Internet service, as well as digital home phone, Verizon Wireless, and DIRECTV services. Qwest is also the choice of 95 percent of Fortune 500 companies, offering a full suite of network, data and voice services for small businesses, large businesses,government agencies and wholesale customers. Additionally, Qwest participates in Networx, the largest communications services contract in the world, and is recognized as a leader in the network services market by a leading technology industry analyst firm.
Launched in April 2001, today Upromise is a major, private source of college funding contributions in America, with over 10 million members and more than $475 million in member rewards. Membership is free and can help families save money for college while making everyday purchases of products and services at more than 21,000 grocery and drug stores, 10,000 gas stations, 8,500 restaurants, as well as thousands of retail stores, and over 600 online shopping sites. Upromise participating companies include Bank of America, ExxonMobil Corporation, Bed Bath & Beyond®, McDonald’s®, JCPenney.com, LandsEnd.com, Sears.com, and hundreds of others. Upromise also makes it easy for families to start their own college savings strategy through tax-advanred through Upromise Investments, Inc. or by using Upromise contributions to help pay down eligible student loans. Upromise is a wholly owned subsidiary of SLM Corporation (NYSE: SLM), commonly known as Sallie Mae, the nation’s leading provider of saving-and-paying-for-college programs. Upromise is headquartered in Newton, Mass., and has more than 350 employees. For additional information, visit upromise.com.
# # #
The marks that comprise the Qwest logo are registered trademarks of Qwest Communications International Inc. in the U.S. and certain other countries.
Corporate Media Contact
Corporate Media Contact