ATLANTA, Sept. 14, 2006 – Delta Air Lines announced a new alliance that enables SkyMiles members to earn miles for education loans through Collegiate Funding Services (CFS). CFS is now part of Chase Education Finance, the student lending business of JPMorgan Chase & Co.
For a limited time, SkyMiles members will be awarded one mile per dollar for Private Education Loans for tuition, books, computers and other living expenses. Both undergraduate and graduate students with proof of enrollment may borrow up to $35,000 annually through CFS’ Private Education Loan. Details are available at www.delta.ed-loans.com/private.
“We are proud to offer SkyMiles members and their families the opportunity to earn award travel while furthering their academic goals through our partnership with CFS,” said Jeff Robertson, managing director of the SkyMiles program. “While hitting the books, students can think about using their SkyMiles to fly home or for a spring break trip to exciting destinations, such as Vail, Acapulco and London.”
CFS Private Education Loan benefits* include:
- Competitive interest rates and terms, as well as manageable monthly payments
- CFS Private Loans are unsecured, so borrowers and their families are not tying up home equity and 401(k) funds
- The application and approval process is fast and easy, and payments can be deferred until after graduation
Members may log on to www.delta.ed-loans.com/private or call 1-866-533-0370 for additional information. Miles will be earned on the original amount disbursed for Private Education Loans for undergraduate, graduate or continuing education when issued through CFS’ private loan programs.
CFS, a leading education finance company, joined Chase Education Finance earlier this year, creating a major provider of every type of student loan that works with schools and directly with students and their parents to achieve their educational goals. Chase is the U.S. consumer and commercial banking brand of JPMorgan Chase & Co. (NYSE:JPM), a leading global financial services firm with assets of $1.3 trillion and operations in more than 50 countries. Chase serves consumers and small businesses through more than 2,600 bank branches, 7,400 ATMs and 280 mortgage offices as well as through relationships with 15,600 auto dealerships and 2,500 schools and universities. More information about Chase is available at www.chase.com.
The award-winning Delta SkyMiles program offers members multiple mileage-earning opportunities when flying Delta, Delta Shuttle®, the Delta Connection® carriers, Delta AirElite® and other SkyTeam® airlines. Additional mileage-building opportunities are offered through more than 100 partners such as the Delta SkyMiles Credit Card from American Express, SkyMilesShopping.com, participating hotels, car rental companies, telecommunication services, restaurants, retailers and more. Delta led the airline industry by redeeming 3.3 million Award Tickets in 2005 and more than 9 million Award Tickets over the last three years. Now in its 25th year, the SkyMiles program received a “Lifetime Achievement Award” at the 2006 Freddie Awards in recognition of its many contributions to the airline loyalty industry.
Delta Air Lines (Other OTC: DALRQ) offers customers service to more destinations than any global airline with Delta and Delta Connection carrier service to 292 destinations in 46 countries. With more than 50 new international routes added in the last year, Delta is America’s fastest growing international airline and is the world’s leading carrier between the United States and destinations across Europe, India and Israel with flights to 29 trans-Atlantic destinations. To Latin America and the Caribbean, Delta offers nearly 400 weekly flights to 48 destinations. Delta's marketing alliances also allow customers to earn and redeem SkyMiles on more than 14,000 flights offered by SkyTeam and other partners. Delta is a founding member of SkyTeam, a global airline alliance that provides customers with extensive worldwide destinations, flights and services. Including its SkyTeam and worldwide codeshare partners, Delta offers flights to 461 worldwide destinations in 96 countries. Customers can check in for flights, print boarding passes and check flight status at delta.com.
*Terms and Conditions
Private Education Loans include loans issued for the purpose of paying educational expenses at a post-secondary institution eligible to participate in U.S. Department of Education guaranteed loan programs. Private consolidation loans are excluded from this offer. This offer applies to the initial on-line promotion only which expires December 31, 2006. All loans subject to receipt of a completed signed Application and Promissory Note, verification of the student’s enrollment and credit approval.
All SkyMiles program rules apply. To review the rules, please visit delta.com/skymiles. Taxes and fees for award travel are the responsibility of the passenger and must be paid at the time the ticket is booked. Award travel seats are limited and may not be available on all flights or in all markets. Delta, SkyMiles, and the Delta logo are registered service marks of Delta Corporate Identity, Inc. Delta is not responsible for goods or services offered by any companies participating in miles promotions. Partner offers subject to the terms and conditions of each individual offer. Partners subject to change. Offers void where prohibited by law. Other restrictions may apply.