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Save Smart for College
with SAGE Scholars

Sage Scholars

Save Smart for College
with SAGE Scholars

Turn your everyday banking into college savings. Earn Tuition Rewards Points automatically just by banking with us, and save up to 25% on college tuition at participating schools.

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Planning for College Starts Here

You’re making a smart choice by thinking about college now, and Savers Bank is here to help. Paying for college can be one of a family’s biggest challenges. That’s why we’ve partnered with SAGE Scholars to offer depositors the opportunity to save up to 25% off the cost of a four-year college degree, provided free to Savers Bank customers.

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How it Works

SAGE Scholars Tuition Rewards is a unique private college savings program in which you earn Tuition Rewards Points.

The Tuition Rewards Points represent the guaranteed minimum amount of institutional financial aid (scholarships or grants) that an eligible student will receive when he or she attends a member college or university. The discounts are provided by the college and they reserve the right to use Tuition Rewards as part of or separate from any financial aid/scholarship offer. Tuition Rewards are not awarded in cash and have no cash value.

Tuition Rewards Points Example:

If a family redeems 30,000 Tuition Rewards Points for a student, the student is guaranteed to receive at least $30,000 in financial aid (scholarships or grants), spread equally over four years of a traditional undergraduate education. The student may receive more but is guaranteed not to receive less. The Rewards Points can also be divided equally over five (5) years if student is enrolled in a co-op program.

Here's how you can earn Tuition Rewards Points by banking at Savers Bank:

Please note: Eligible accounts are for personal accounts only. Trust accounts established using a person's social security number are also eligible. Only one account owner can enroll and earn points.

Deposit Credits Details
Savings 5% account value match per annum credited quarterly
Checking 5% account value match per annum credited quarterly
Money Market 5% account value match per annum credited quarterly
IRA 5% account value match per annum credited quarterly
CD 5% account value match per annum credited quarterly
Debit Card 5% account value match per annum credited quarterly

Rewards are calculated using the Account Balance from the last business day of the quarter end in March, June, September and December.

Consumer Loan Products Details
Home Mortgage 5,000 one-time points
Home Equity Loans 4,000 one-time points
Home Equity Line of Credits up to 1,000 annual points awarded quarterly
(250 per quarter)
All Other Personal Loan Types up to 1,000 annual points awarded quarterly
(250 per quarter)

Rewards are awarded for new loans/lines opened by the last business day of the quarter end in March, June, September and December.

Additional Reward Points Details
Sign Up Bonus 500 one-time points
Student Sign Up Bonus 500 one-time points
Guaranteed Annual Minimum up to 1,000 annual points awarded quarterly
(250 per quarter)

For additional Reward Points the guaranteed annual minimum is up to 1,000 awarded annually.

Additional Benefits

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SAGE Prime

Through SAGE Prime, you will be able to claim discounts of at least 10% off of the costs for non-traditional education programs, for yourself, offered by select member colleges and universities!

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SAGE Scholars FastTrak®

FastTrak is a new and innovative way of bringing SAGE Scholars students and member colleges & universities closer together. Students are guided and encouraged to create a robust Student Profile that will allow members in the SAGE Scholars college consortium to quickly view, recruit, and directly contact interested students.

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Referral Bonuses

Do you know co-workers, family, or friends who might be eligible for Tuition Rewards? After enrolling, access your referral code under My Profile > Referral Program and share it with them. You’ll earn 500 Tuition Rewards Points for each signup, and they’ll receive 500 points as well.

Spread the Word

Looking for more referral rewards? Savers Bank offers a unique referral program. Tell your friends about your experience with us and if they open one of our checking accounts you receive $25.

Key Program Deadlines to Keep in Mind:

  • Students must be registered in the Tuition Rewards program prior to August 31st of the year that the student begins 12th grade.
  • Students cannot earn or receive points after August 31st of the year that the student begins 12th grade.
  • A student’s Tuition Rewards must be submitted within ten (10) days of application to any Participating College

Important Note:

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. 

You will need your “Savers Bank Person Number” to complete your registration and start earning points. Your person number is a unique identifier assigned by Savers Bank. You do not need your Person Number to get started and can skip this step for now and call 800-649-3036 during normal business hours for assistance with obtaining it.

Customer Service 800.649.3036