Information for Families
The SAGE Scholars Tuition Rewards program is a college saving plan like no other. By enrolling in Tuition Rewards, students will earn guaranteed minimum scholarships at over 375 participating private colleges and universities across America! The scholarships can equal up to one full year's tuition!
Tuition Reward Points accrue like frequent flyer miles and are typically earned by saving or investing with affiliated financial institutions or organizations. These include 529 plans, banks, brokerage firms, credit unions, employers, mutual funds and diverse financial service companies involved in cash-value insurance products, retirement plans, reverse mortgages and other instruments. What makes Tuition Rewards even more unique is that you do not have to use the investment vehicle that is earning Reward Points to pay for college! How you pay for college is your choice.
Each Tuition Reward Point is equal to $1.00 in tuition discounts if the student attends a participating college or university. The accumulated points represent the minimum scholarship (grant or other institutional discount) that the student will receive. Colleges can opt "stack" [add] or "blend" [include] Tuition Rewards with other institutional scholarships, awards and discounts.
Yes - 25,000 Tuition Rewards Points represent a guaranteed minimum $25,000 scholarship at any of our member colleges!
Program Deadlines - There are three important program deadlines that you should be aware of:
In addition to the actual program, whether you use the Tuition Rewards or not, we have a wide variety of exclusive and informative learning guides available for our member families. Some of our newest downloads are:
For undergraduate tuition only at participating colleges and universities beginning with the freshman year. The total tuition discounts are spread evenly over four years of college; enrollment may be deferred for up to three years following completion of high school. If the enrolled student does not attend a participating school, unused points may be transferred to younger enrolled family members; certain restrictions apply. "Guaranteed minimum scholarship" includes all non-loan (scholarships, discounts, grants, etc.) based financial aid provided by a member school. The maximum amount of Tuition Rewards that each school will accept varies by school - and currently ranges from approximately 10,500 to 53,505 points. The amount is never more than the cost of one full year of tuition. You can view and print out a list of member schools, along with the maximum amount of Tuition Rewards each will accept by logging into your account and selecting the "Participating Schools" link.
August 31st of the year the student begins 11th grade is the actual deadline. Some programs may have a later deadline to add a student. Please refer to the program documentation or your Welcome e-mail for details.