For students that graduate from your institution and make timely payments, SAGE Tuition Advantage waives 25% of the original principal balance, enticing them to remain enrolled and graduate.
Chicago, IL (PRWEB) March 22, 2012
According to a new study from the National Student Clearinghouse, “one third of all students transferred at least once within five years”1. Keeping students enrolled is a big priority for colleges and universities and National Education has the solution: SAGE Tuition Advantage – a low cost financing option for your students that replaces unfunded institutional aid.
SAGE Tuition Advantage offers 0% APR when combined with earned benefits to provide an attractive low-cost solution for families to realize their higher education goals. For students that graduate from your institution and make timely payments, SAGE Tuition Advantage waives 25% of the original principal balance, enticing them to remain enrolled and graduate. The program does not affect any of the school’s current revenue from other sources such as Federal Direct Loans, private loans or tuition payments made by the students and their families. The program simply gives your institution financial flexibility to manage unfunded aid and graduate more students.
Schools make no up front investment and benefit from partnering with a nationally recognized servicer to administer the program (National Education Servicing received ‘Exceptional Performer’ recognition from the Department of Education).
Just how many students can be retained? Colleges can explore projections by visiting:
*0% APR with earned benefits, 2.55% APR without.
1. National Student Clearinghouse Research Center, Transfer and Mobility: A National View of Pre-Degree Student Movement in Postsecondary Institutions (2012)
SAGE Scholars, Inc., established in 1995, has created the nation’s largest private college savings program, with more than 190,000 participating students and 287 participating colleges (45 states). Families who save in programs such as the Pennsylvania and Wisconsin state 529 Plans are rewarded with Tuition Reward Points – similar to frequent flyer miles – that can be redeemed for guaranteed minimum discounts if students are admitted to and attend a member college, beginning with the freshman year.
National Education, established in 1988, is a financial solution company sharply focused on developing, marketing, originating and servicing education financial products. National Education has received the “Exceptional Performer” designation from the U.S. Department of Education.
For more information, contact:
Matt Scotty at 800.345.4325 ext 5173, President, National Education Servicing
Justine Gianandrea at 800.345.4325 ext 5324, Senior Vice President, National Education Servicing
Dr. Jim Johnston at 215.564.9930, President, SAGE Scholars