CONTACT: Janine G. Sorbello, Dir. of Ext. Affairs DATE: September 7, 2022
CELL: 302-290-3224
EMAIL: [email protected]
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Wilmington, DE – Goldey-Beacom College (GBC), which ranks among the nation’s top 20% of colleges that provide meaningful economic advancement, has joined the SAGE Scholars® Private College & University Enrollment Consortium. The Consortium’s signature program, SAGE Scholars Tuition Rewards® Program, is a nationwide program for families and their students to earn guaranteed minimum scholarships through a national consortium of over 440 participating private colleges and universities.
“This program is designed to help families save and prepare for college,” said GBC President Colleen Perry Keith. “Affordability is key when it comes to making college a reality for students. Membership in the SAGE Scholars Tuition Rewards® Program provides us with an additional way to identify and recruit students who may be interested in attending Goldey-Beacom College, while at the same time, offering monetary support that can help ease the financial burden associated with attending a private institution like ours.”
Tuition Rewards® Points accrue like frequent flyer miles and are typically earned by saving or investing with affiliated financial institutions, banks, brokerage firms, credit unions, 529 plans, mutual funds and diverse financial service companies involved in cash-value insurance products, retirement plans and other instruments.
The SAGE Scholars Tuition Rewards® Program is offered by over 135,000 employers nationwide including health insurers, financial institutions and non-profits to encourage and reward families for preparing, planning and saving for higher education. Earned Tuition Rewards® Points represent the guaranteed minimum amount of institutional financial aid that participating colleges and universities will award to students.
How it works: Member colleges and universities can recruit participating students when they reach high school age. When a student applies to a member institution, the Tuition Rewards® Program accountholder submits a Tuition Rewards® Points statement to the school.
Each year, participating families typically earn Tuition Rewards® Points equal to 5% of eligible assets invested with SAGE Scholars® financial partners or a fixed number of points available to all employees.
How to qualify: Students must be registered by the start of their senior year in high school. If the student is admitted to a SAGE Scholars® partner college or university and matriculates, the participating member will offer a guaranteed minimum scholarship at least equal to the amount of the student’s Tuition Rewards® Points – up to a maximum of one full year’s tuition, spread evenly over a projected four years of attendance, starting with the first year.
Additional external scholarships, institutional scholarships, grants or other discounts can be applied or stacked with the SAGE Scholars Tuition Rewards® Program.
“We are very pleased that Goldey-Beacom College has joined the SAGE Scholars® Private College & University Enrollment Consortium,” stated Dr. James Johnston, SAGE Scholars® founder and president. “Goldey-Beacom is an excellent institution, and we are honored to partner with them to help families save and prepare for college.”
Learn more about the SAGE Scholars Tuition Rewards® Program at www.tuitionrewards.com.
Formed in 1995 by Dr. James Johnston, a former director of admissions and financial aid at the Wharton School at the University of Pennsylvania. SAGE (Savings And Growth for Education) Scholars® is proud to be the nation’s oldest and largest private college preparation and funding organization whose main focus is to help improve the affordability of private, higher education. They bridge the gap between students who want an affordable private college education with colleges that will guarantee tuition discounts for member families – all at no cost to the student, family or college.
Families can earn guaranteed, non-need-based discounts off full tuition of up to 25%, and colleges could recruit quality students.
NOTE: Forbes reported on Jul 21, 2022, that Third Way, a Washington DC think tank, updated its Economic Mobility Index ratings of American colleges placing GBC in the top 20% nationwide.
Founded in 1886, Goldey-Beacom College has approximately 1,300 students enrolled from 22 states and 65 nations. The College offers 42 degree options in its graduate and undergraduate programs with majors in psychology, economics, criminal justice, communication & media, human services, English, and all areas of business, including accounting, business administration, entrepreneurship, and finance.
The College is accepting students into two new degree programs in fall 2022: B.A. in Interdisciplinary Studies; B.S. in Business Administration with a concentration in Business Analytics. Both were approved in March 2022 by the Delaware Department of Education. In fall 2023, the College plans to offer two additional degrees: Bachelor of Science in Marketing; Bachelor of Science in Business Administration with a concentration in Digital Marketing.
The College is committed to connecting its graduates with careers in their respective fields. For over a decade, the College has achieved a 90% placement rate for graduates. Goldey-Beacom College is located in Pike Creek Valley, a suburb of Wilmington, Delaware. The College is accredited by the Middle States Commission on Higher Education and the Accreditation Council for Business Schools and Programs.
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