Welcome to the Student Loan Accelerator Program APP (SLAP APP)

Student aka Recipient

We here at SLAP APP are so happy to help you get started with signing up donors and getting you some much needed help with paying down your student loans. The great thing is these people you plan to ask for assistance are probably eager to help but they just don’t feel comfortable asking about your finances, who does really? Right? Well, SLAP APP helps you ask and makes it very easy for them to donate. Another great thing SLAP APP will do is to make the donations reoccurring monthly so every month you will get help from friends, family and any mentors you feel would like to help you out with student loans.

SLAP APP also gives the donors a few possible methods to donate. When they sign-up they will be given a screen that they use to choose the method(s) they wish to donate, here are the two methods we currently offer:

Monthly donation – This is exactly what it says, a regular fixed amount that is scheduled to be re-occurring on a monthly basis.

Rounding up purchases – This method is when they register one or more of their current credit cards with SLAP APP and on a monthly basis we round up all the purchases they make to the next whole dollar. We then collect all of the round up amounts from them and apply it to your student loan(s).

Now for the real question, how does this money add up at the end of the month? Let’s do a simple scenario using a minimum of the most likely people to donate and give a value to their donations.

Mom and Dad combined: $100
Grandparents (4): $100 
Aunt: $25
Uncle: $25
Total: $250

Using this example we can see how just a little from a few family members can add up quickly and really make an impact on your student loans. The great thing about using SLAP APP is it really doesn’t hurt you to ask. So let’s get started now!