United Concordia College Tuition Rewards FAQs
A: Tuition Rewards points are discounts off of tuition and are never awarded in cash. Participating schools reduce their tuition by the amount of Tuition Rewards points you redeem. For example, one Tuition Rewards point = a $1 tuition discount. So, 2,000 Tuition Rewards points is equal to a $2,000 discount.
A: Even if you don’t have children in your immediate family, you can allocate points to nieces, nephews, grandchildren, stepchildren, godchildren, adopted children and more.
A: Once your account is created with SAGE Scholars, you can begin adding eligible students. Each student you register immediately earns a one-time bonus of 500 points!
A: You can add future students as early as the day they’re born. But students must be registered prior to August 31 of the year they begin 12th grade.
A: Points accumulate in your account until you transfer them to a student headed for college. Points must be transferred before August 31 of the student’s 12th grade year. After August 31, students cannot earn or receive points.
A: Yes, students can use Tuition Rewards to get a maximum 25% discount on their total tuition costs, divided evenly over four years of education. For example, if your student’s total tuition is $40,000 per year, you may redeem Tuition Rewards points for up to a $10,000 discount per year.
A: You must submit the student’s Tuition Rewards points statement within 10 days of application
A: No, Tuition Rewards can only be used for full-time, undergraduate education beginning with the freshman year at a participating private college or university.
A: Yes, you can earn points through any participating organization such as a bank, credit union, fraternal organization, financial advisory firm or other college funding plan.
A: Tuition Rewards points can be refunded back to your account and transferred to a younger eligible student.
A: Yes. Students may receive Tuition Rewards points from multiple family members.