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 nearly 400 participating private colleges and universities across America! The scholarships can equal up to one full year's tuition!
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.
Tuition Reward Points accrue like frequent flyer miles and are typically earned by saving or investing with affiliated financial institutions - or simply by being employed by one of over 135,000 employers nationwide that offer Tuition Rewards. Financial products include 529 plans, banks, brokerage firms, credit unions, 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 earning Reward Points to pay for college! How you pay for college is your choice.
- Students must be in the Tuition Rewards program prior to the start of 11th grade
- Students cannot earn or receive Tuition Rewards after August 31st of the year that the student begins 12th grade
- A student's sponsor (the Tuition Rewards account holder) must submit a student's statement to any member school he or she applies to at the time of the student's application to that school