Chicago, IL (PRWEB) December 03, 2013
Trinity Baptist College joins a growing number of schools providing their students with an affordable option to bridge tuition funding gaps. National Education’s SAGE Tuition Advantage rewards students for remaining committed to completing their education with great borrower benefits.
“We are excited to announce a new partnership with National Education. National Education is a leader in providing additional funding sources for students in college,” says Mark Elkins, Financial Aid Administrator at Trinity Baptist College. “TBC students who are committed to preparing for life and ministry now have in National Education another resource to meet financial needs allowing them to continue their education uninterrupted.”
National Education’s SAGE Tuition Advantage is an institutional loan program that can be used to increase enrollment, improve retention, and reduce discount rates, thus increasing net tuition revenue. When students graduate and make their payments on time, 25% of the original principal balance is forgiven, resulting in a 0% APR financing plan.
This “hybrid” program is a cross between a tuition payment plan and a traditional loan. It is low cost for families, generates cash flow for schools, and is managed by a third party to reduce administrative burden and compliance risk. Colleges make no capital investment and pay no up front costs.
Justine Gianandrea, Senior Vice President of National Education, says “Trinity Baptist College has shown that they are concerned about their students' financial wellbeing by offering this low-cost financing plan. We are excited to add TBC as a partner."”
For more information about SAGE Tuition Advantage, please visit http://www.sagetuitionadvantage.com.
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.
Trinity Baptist College, founded in 1974, is an Independent Baptist ministry. It is a private, coeducational college, accredited by the Transnational Association of Christian Colleges and Schools. Its programs are designed to equip students educationally as they prepare for their future.
For more information, contact:
Justine Gianandrea at 800.345.4325 ext 5324, Senior Vice President, National Education Servicing
Ken Bogacki at 800.345.4325 ext 5509, Vice President, National Education Servicing
Mark Elkins at 904.596.2445, Financial Aid Administrator, Trinity Baptist College