Information for Students
Are you a high school student thinking about how you and your family are going to pay for your college? If so, we commend you on your responsible thinking! The SAGE Scholars Tuition Rewards program has helped thousands of families to ease the burden of tuition costs for loved ones.
- How does it work?
- Families who save or invest with one or more of our financial affiliates, or are employed by an employer offering the program as a benefit, earn Tuition Rewards Points that can be redeemed as guaranteed minimum scholarships at over
375 participating private colleges and universities across America! (1 Point = $1.00). Participating colleges have agreed, contractually, to provide discounts off the "list price" of tuition to participating students for undergraduate study, beginning with the freshman year. Please see How it Works for more information.
- Which Colleges are eligible for Tuition Rewards?
- Only private colleges that award "non-need" discounts are eligible to join the Tuition Rewards college consortium. State-related colleges -- and approximately 50 "elite" private colleges (Harvard, Notre Dame, Duke) -- cannot participate because they provide financial aid based almost exclusively on "need", as determined by the FAFSA form and related documents (except athletic scholarships, as permitted). Click here to view a list of our participating schools.
- Doesn't a private college cost more?
Not necessarily. A UCLA study found that private universities graduate 67% of entering freshmen in four years; only 27% of entering freshman finish in four years at public universities. The likelihood of graduating in 4 years at a private college is the same as the likelihood of graduating in 6 years at public institutions. Because of this, even though the "list price" of tuition is dissimilar, the cost to attend a private college is often be very similar to a public college. And, financial aid tends to be more generous at private colleges.
- Are there other reasons to attend a private college?
- Yes! Your likelihood of graduating in four years is 61% higher at a private university. The six-year graduation rate for public institutions is comparable to the four-year graduation rate at private institutions. That's right - private colleges & universities are graduating the same percentage of students in four years that state schools do in six!
- Learn why a private college may cost (a lot) less than you think with this free PDF download.
- Any other reasons to attend a private college?
- Class size. Four-year public colleges and universities enroll an average of 9,642 students - more than four times larger than the average at four-year private institutions (2,147 students).
- Availability of classes necessary to meet graduation requirements in your major. A major criticism of public institutions is that courses required to complete a major - ones that are not particularly popular, requiring small classes - tend to be offered infrequently, making four-year graduation difficult.
- Student opportunities and support, such as internships, career guidance, faculty interaction and support and mentors. All of these will be more widely available and easily accessible at private universities.
- More community service experiences that can enrich faith and foster good values.
- More leadership opportunities.