Let's Knicks Student Debt Promotion
Official Rules
NO PURCHASE OR PAYMENT IS NECESSARY TO ENTER OR WIN. VOID WHERE PROHIBITED BY LAW. ALL DISPUTES WILL BE RESOLVED SOLELY BY BINDING ARBITRATION AND ENTRANTS WAIVE THE ABILITY TO BRING CLAIMS IN A CLASS ACTION FORMAT.
BY ENTERING (OR OTHERWISE PARTICIPATING IN) THE GIVEAWAY, YOU AGREE TO ABIDE BY THESE OFFICIAL RULES (“Rules”), WHICH ARE A BINDING CONTRACT, SO READ THEM CAREFULLY BEFORE ENTERING.
Eligibility. The Lets Knicks Student Debt Promotion (“Promotion”) is open to legal residents of New York City, New York, who are 18 years of age or older at the time of entry. Employees of Summer, PBC (“Summer”) its affiliates, subsidiaries, advertising and promotion agencies, and their immediate family members (spouse, parent, child, sibling, and their respective spouses) or household members are not eligible to participate.
Time Period. The Promotion begins on June 18, 2026, at 12:00 a.m. Eastern Time (ET) and ends on June 25, 2026, at 11:59 p.m. ET ("Promotion Period"). Summer's computer clock is the official timekeeping device for this Promotion.
How to Enter. Eligible participants may enter the Promotion using one (1) of the following methods below (“Entries”).
Online Entry (Account Opening): Visit summer.nyc and open a free Summer account during the Promotion Period. Each eligible account opened during the Promotion Period constitutes one (1) entry.
Alternative Method of Entry: To enter without opening a free Summer account, during the Promotion Period, hand-print your full name, email, age, complete mailing address (must be a New York City address), and phone number on a 3" x 5" postcard and mail it to: Summer, PBC. Lets Knicks Student Debt Promotion, 199 Water Street, New York, New York, 10038. The postcard must be in an addressed and properly stamped envelope. Postcard entries must be postmarked by June 25, 2026 and received by July 2, 2026. Limit one (1) entry per postcard. No Photocopied or mechanically reproduced postcards will be accepted. Summer is not responsible for any postage-due entries or for any incorrect or false information submitted on a mailed-in entry.
By entering the Promotion, you acknowledge and agree that Summer may collect and process your personal information. Summer’s privacy policy may be found at www.meetsummer.com/utility/privacy-policy.
Limits. One (1) entry per person, regardless of method of entry. Attempts made by the same individual to earn more than one (1) entry by using false contact information or accounts may result in disqualification. Entries that are mass-produced, mechanically reproduced or generated by a script, computer programs, macro, programmed, robotic or other automated means are void. Entries that do not follow all instructions, provide the information described in these Rules, or are submitted by those who do not meet the eligibility requirements, including age and New York City residency, are void. Summer reserves the right to verify all submitted Entries to ensure eligibility criteria have been met.
Your odds of winning depend on the total number of eligible entries received during the Promotion Period.
Prize. Five winners will be awarded $1,000 USD each and the method of payment will be determined and communicated to winners at the time of prize notification. No cash equivalent, transfer, or substitution of the prize is permitted, except at Summer’s sole discretion. Summer reserves the right to substitute a prize of equal or greater value if the stated prize becomes unavailable. Prize winner is solely responsible for all applicable federal, state, and local taxes. All other costs and expenses not specifically listed above are the winner's responsibility. Approximate Retail Value (ARV): $1000 per person; $5,000 total.
Winner Selection and Notification. Five potential winners will be selected in a random drawing from all eligible entries received during the Promotion Period. The drawing will take place on or around July 3, 2026. The random drawing will be conducted by Summer, whose decisions are final and binding.The potential winners will be notified by email using the contact information provided at entry. As part of the notification process, each potential winner will be required to complete and submit a declaration of eligibility, a release of liability and prize acceptance agreement (“Declaration and Release”), within five (5) business days of the date of notification, as a condition of receiving the prize. If a potential winner (i) cannot be contacted within a reasonable time period; (ii) fails or refuses to sign and return the Declaration and Release within the required time period; (iii) is deemed ineligible; (iv) fails to fully comply with these Rules; (v) is otherwise noncompliant, the potential winner will be disqualified and an alternate will be selected. Receipt of the prize is contingent upon compliance with these Rules and verification of eligibility.
General. Summer reserves the right, in its sole discretion, to suspend the Promotion if fraud or technical failures impairs the integrity or proper functioning of the Promotion. In the event Summer is prevented from continuing with the Promotion by any event beyond its control, including, but not limited to, fire, flood, epidemic, pandemic, earthquake, explosion, labor dispute or strike, act of God or public enemy, communications or equipment failure, utility or service interruptions, riot or civil disturbance, terrorist threat or activity, war (declared or undeclared), interference with the Promotion by any party, or any federal, state, or local government law, order, or regulation, order of any court or jurisdiction, or other cause not reasonably within Summer’s control (each, a “Force Majeure” event or occurrence), Summer shall have the right to modify, suspend or terminate the Promotion and/or prize. Summer is not responsible for lost, late, incomplete, invalid, illegible, misdirected, or postage-due entries; or for any computer, telephone, cable, network, satellite, electronic, or Internet hardware or software malfunctions, failures, connections, or availability; or for the failure of any entry to be received by Summer due to technical problems or traffic congestion on the Internet or at any website.
By entering, subject to applicable law, each participant agrees to: (a) be bound by these Rules and Summer's decisions, which are final and binding; (b) release and hold harmless Sponsor, its affiliates, subsidiaries, advertising and promotion agencies, and each of their respective officers, directors, employees, and agents from any and all liability, injury, loss, or damage of any kind arising from or in connection with the Promotion or the acceptance, possession, or use of the prize; and (c) grant Summer permission to use winners’ name, likeness, and entry for promotional and advertising purposes without additional compensation, except where prohibited by law.
All entrants, as a condition of participation in this Promotion, agree to release, discharge, indemnify and hold harmless Summer, its directors, officers, employees, agents, successors and assigns (collectively, “Released Parties”) from and against any and all liability, claims, costs (including attorneys’ fees), losses, damages, fines, or actions of any kind whatsoever for injuries, damages, or losses to persons or property which may be sustained, in whole or in part, directly or indirectly, in connection with: (i) participation in the Promotion, (ii) the receipt, ownership, use or misuse of the prize awarded, (iii) an entrant’s registration material on any related website, or (iv) any typographical or other error in the printing, offering, selection, operation or announcement of any Promotion activity and/or prizes.
Governing Law. Any issues that arise concerning the Promotion shall be governed by and construed in accordance with the laws of the State of New York, without giving effect to any choice of law or conflict of law rules or provisions that would cause the application of any other laws.
Limitation of Liability. By participating in this Promotion, each entrant agrees that to the extent permitted by applicable law: (a) any and all disputes, claims and causes of action arising out of or connected with the sweepstakes, or any prize awarded, will be resolved individually, without resort to any form of class action; (b) any and all claims, judgments and awards will be limited to actual third-party, out-of-pocket costs incurred (if any) not to exceed ten dollars ($10.00), but in no event will attorneys’ fees be awarded or recoverable; (c) under no circumstances will any entrant be permitted to obtain any award for, and entrant hereby knowingly and expressly waives all rights to seek, punitive, incidental, consequential or special damages, lost profits and/or any other damages, other than actual out of pocket expenses not to exceed ten dollars ($10.00), and/or any rights to have damages multiplied or otherwise increased; and (d) entrants’ remedies are limited to a claim for money damages (if any) and entrant irrevocably waives any right to seek injunctive or equitable relief. Note, some jurisdictions do not allow the limitations or exclusion of liability, so this section may not apply to you.
Arbitration. Summer and Entry participants (also the “parties” in this Arbitration section) agree to settle all disputes only through arbitration; provided, however, Summer shall be entitled to seek injunctive or equitable relief in the state and federal courts in the State of New York and any other court with jurisdiction over the parties. In arbitration, there is no judge or jury, and review is limited. The arbitrator’s decision and award is final and binding, with limited exceptions, and judgment on the award may be entered in any court with jurisdiction. The parties agree that, except as set forth above, any claim, suit, action or proceeding arising out of or relating to this Promotion shall be resolved solely by binding arbitration before a sole arbitrator under the streamlined Arbitration Rules Procedures of JAMS Inc. (“JAMS”) or any successor to JAMS. In the event JAMS is unwilling or unable to set a hearing date within fourteen (14) days of the filing of a “Demand for Arbitration”, then either party can elect to have the arbitration administered by the American Arbitration Association (“AAA”) or any other mutually agreeable arbitration administration service. If an in-person hearing is required, then it will take place in the State of New York. The federal or state law that applies to these Rules will also apply during the arbitration. Disputes will be arbitrated only on an individual basis and will not be consolidated with any other proceedings that involve any claims or controversy of another party, including any class actions; provided, however, if for any reason any court or arbitrator holds that this restriction is unconscionable or unenforceable, then the agreement to arbitrate doesn’t apply and the dispute must be brought in a court of competent jurisdiction in the State of New York. Summer agrees to pay the administrative and arbitrator’s fees in order to conduct the arbitration (but specifically excluding any travel or other costs of Promotion participant to attend the arbitration hearing). Either party may, notwithstanding this provision, bring qualifying claims in small claims court.
Winners List. For the name of the winners (available after July 10, 2026), send a self-addressed, stamped envelope to: Summer, PBC. Lets Knicks Student Debt Promotion, Re: Winners List, 199 Water Street, New York, New York, 10038. Requests must be received by August 1, 2026.