Money Matters

By: James Johnston, Ed.D. — June 20, 2022
A reasonable person would assume that the cost of an undergraduate education would be easy to calculate: take the published price of annual tuition, room and board, fees, books and miscellaneous travel, entertainment and so forth and multiply that amount times four years. Unfortunately, calculating the "True Cost" is more complicated. Learn how to plan, save, and pay for your students college education in Beyond Financial Aid.
By: SAGE Scholars — June 18, 2022
If you're new to the SAGE Scholars Tuition Rewards program, you may notice that our consortium of over 440 member institutions is made up of private colleges and universities. Like many families, you may be wondering, why does SAGE Scholars champion a private college education? We break down the reasons in this article.
By: SAGE Scholars — May 1, 2022
Colleges have a “list price” of tuition. Don’t let this scare you away from considering a private college education. Not only is the “list price” unlikely to be the price that you actually pay. In fact, a private college may cost less than a state school.
By: SAGE Scholars — March 2, 2022
To know how to best pay for a college education, families need to know three numbers: The total annual Cost of Attendance, Financial Aid, and the Expected Family Contribution. In this article you can learn how to calculate these numbers and plan for the future.
By: SAGE Scholars — March 1, 2022
Don’t let the list price of tuition scare you away from considering a private college education—it may actually end up costing less than a state school. 64% of students at a private college graduate in 4 years vs. 37% at public universities, saving a lot of time and money.
By: SAGE Scholars — February 5, 2022
Learning the financial landscape of 529 plans is important, as each college saving option may have a different impact on your eligibility for financial aid. If you need help determining which options work best for your circumstances, you should consult with your financial professional or tax advisor before you start saving. If you are interested in learning more about 529 plans, the following questions will provide a helpful overview.
By: SAGE Scholars — February 2, 2022
In this three-part series, we’ll discuss the ins and outs of FAFSA. Among the most important steps for a prospective college student in their college planning, FAFSA determines how much financial aid a student qualifies for. In the first installment of our FAFSA series, we’ll provide tips and tricks for filling out the application while also answering frequently asked questions like what is the FAFSA? Why is it so important?
By: SAGE Scholars — January 1, 2022
What’s the formula for hitting the jackpot when it comes to merit aid?
By: SAGE Scholars — January 1, 2022
“7 years of college down the drain!” Years ago, viewers laughed at the thought of 7 years of college, but it’s not quite so funny now. 5 years of undergraduate study is now common. A 5th year is less likely at a private college (64% of students at a private college graduate in 4 years vs. 37% at public universities).
By: SAGE Scholars — December 5, 2021
A 529 plan is a tax-advantaged savings plan designed to encourage saving for future educational costs. 529 plans, legally known as qualified tuition plans, are authorized by Section 529 of the Internal Revenue Code. Withdrawals used for qualified educational expenses are tax free and can be used at any accredited college or university for full-time undergraduate and graduate students.