Information for Employers
Attract talent. Retain talent. Motivate talent. These are the goals that the SAGE Scholars Tuition Rewards Program assists.
Employees of companies who partner with SAGE can earn guaranteed college scholarships for use at nearly 400 private colleges and universities across the United States, for their children, grandchildren, nieces or nephews.
Employees can earn rewards by participating in select voluntary benefits enrollment events, or by electing coverage from a participating national health insurer such as Guardian, Independence Blue Cross or others. Rewards can also be earned based upon employer provided retirement accounts such as a 401k or 403b or profit-sharing.
Other Advantages for Employers
- No Employer Investment Liability - Tuition Rewards are not SEC investments. They are scholarships - discounts off full tuition - given by participating colleges. The program has passed legal scrutiny from 2 state treasury departments, insurance companies, banks, mutual fund companies, etc.
- Cost-Effective Employee Benefit - Participating firms pay only a relatively small administrative fee, not the cost of the scholarships. Colleges simply agree to accept less than full tuition.
- Minimal Work for Employers - SAGE is a paperless process. Other than creating and distributing marketing materials & transmitting information (with your employees' approval), SAGE does all the work. Tracking, maintaining, reporting to colleges, answering participants' questions - those are our responsibilities.