Registration for Millennium Management, LLC - Tuition Rewards by SAGE Scholars

Millennium Management, LLC Tuition Rewards Enrollment

Start Building Rewards Today!

Welcome to the SAGE Scholars Tuition Rewards program registration through Millennium Management! Start earning Tuition Rewards on your eligible retirement account balances. Tuition Rewards is a free program for families and students that provides guaranteed minimum discounts (scholarships) worth over $65,000.00 off the "list price" of tuition at over 455 participating private colleges and universities.

What are Tuition Rewards?

Tuition Rewards is a unique rewards program, offered by employers, health insurers, financial institutions, and non-profits, to address American families’ number one financial concern — a college education for their children, grandchildren, nieces, and nephews. Each Tuition Rewards Point represents a guaranteed minimum scholarship (discount) equivalent to one dollar, with a maximum discount of up to one year’s tuition, spread equally over 4 years of full-time undergraduate education. The number of Points redeemed determine the minimum, guaranteed tuition discount a student can receive at over 455 SAGE Scholars colleges and universities. The student may receive more — but cannot receive less.

Even if you don't have an eligible student in your family right now, you can still register and begin to earn Tuition Rewards. The sooner you register, the more points you will have accrued for a loved one when they attend a member college or university.

Registration Bonus

Each new account holder who completes registration and activates their account will receive 500 bonus Tuition Rewards! In addition, each eligible student that you register will also receive 500 bonus Tuition Rewards!

Do not enter a student’s information on this page. You must register first as the adult who will sponsor students. You will be able to add the students in your family after you have completed your enrollment.

Email Address

A valid email address is required to register.

A verification email will be sent to this email address. You will need to enter the validation code to access your account.

First Name

First name is required.

Do not enter student/beneficiary information here.

Last Name

First name is required.

ZIP Code

ZIP code is required.

Your Date of Birth

Date of birth is required and must be in mm/dd/yyyy format.

Tuition Rewards are NOT awarded in cash. If all requirements have been met, and the student's Rewards were submitted within 10 days of application, you are guaranteeing that the student will be awarded scholarships, grants, or other awards at least equal to the amount of points submitted (1 point = $1, up to the college's stated maximum), divided equally over a projected four (4) years* of undergraduate education.

For example, a student with 20,000 points - having met the deadlines - would be guaranteed to receive no less than $5,000 in total scholarships, grants or other discounts, provided by the college or university, for each of the four years* he or she would attend. Should the student qualify for more than is guaranteed by the Tuition Rewards, the student will receive the higher amount but cannot receive less.

The financial aid award letter may not specifically identify "Tuition Rewards". Colleges reserve the right to privately label Tuition Rewards Points as their own award. As long as the college award equals or exceeds the student's submitted Tuition Rewards Points the college has met its obligation.

* can be divided equally over five (5) years if student is enrolled in a co-op program.

Frequently Asked Questions

Do I earn Tuition Rewards on new investments in my 401k only?: No, Tuition Rewards are calculated on the total account value of your 401k account. For example, in year one of your participation, you have $10,000 in your 401k - you would earn 500 Tuition Rewards Points on that ($10,000 x .05). Then, in year two, you invest an additional $10,000 into your 401k - bringing the total account value up to $20,000. You would earn 1,000 Tuition Rewards Points on that ($20,000 x .05) - giving you a total Tuition Rewards amount of 1,500 points.
Is there a limit on how many Tuition Rewards Points I can earn?: No, there is no limit on Tuition Rewards Points that you, the Sponsor, can accrue into your account. However, each member school has it's own limit on how many points can be used by an individual student (typically this is equal to one full year of tuition). Since you can sponsor your children, grandchildren, nieces and nephews, the more points you have accrued into your account the more points you can make available to each student.
I currently don't have any children, or, my children are very young. Why should I enroll now?: The longer you are in the program, the more Tuition Rewards Points you will earn. Students only need to be added to our system prior to August 31st of the year that the student begins 12th grade
Is there any cost to me?: No, Millennium Management, LLC is providing this to you as part of your benefits package.
Do I have to allocate Tuition Rewards to my students equally?: No, it is up to you to decide how you want to give your Tuition Rewards to the students you sponsor. You simply must allocate (transfer) Tuition Rewards to a student by August 31st of the year that the student begins 12th grade.
What if I don't use the Tuition Rewards? Can I give my Tuition Rewards Points to my church / school / employer / another family?: If you don't use your Tuition Rewards Points then you've still lost nothing - Tuition Rewards is a free program for employees of Millennium Management, LLC. Tuition Rewards can only be used by the children, grandchildren, nieces and nephews whom you sponsor in the program. You cannot give unused Tuition Rewards to another parent or organization.