Imeriti, INC. Partners With SAGE Scholars to Form a Groundbreaking College Funding Program

Imeriti integrates the SAGE Scholars Tuition Rewards Program into college funding plan

Del Mar, CA – August 19, 2009 – Imeriti, Inc., the leading life insurance marketing organization for financial institutions and independent representatives, is partnering with SAGE Scholars, an education funding consulting firm.  This partnership will integrate the Tuition Rewards Program to form a college funding plan that will enable families across the United States to earn scholarships while funding college costs using life insurance. 

Whether it’s Parents or Grandparents saving for college education, this unique partnership will guarantee scholarships to over 230 participating private colleges across the Unites States.  Earning college scholarships, while funding a college savings plan, is a unique way to bring together families, colleges, and life insurance professionals. 

The Tuition Rewards, which are actually discounts off tuition and not “hard” dollars, are provided by each of the participating private colleges and represent the minimum scholarship that sponsored students will receive if, and when, they attend a member school.  The Tuition Rewards Program guarantees that each student will receive a discount equal to his or her Tuition Rewards (maximum scholarship is a one year’s tuition).  In return, participating colleges are given basic educational/demographic information about enrolled participants in grades 9 – 12.  Students and colleges are urged to begin a dialogue to determine a possible “fit” between the two.  This process broadens the families’ educational opportunities and helps make a quality private education affordable. 

“Families spend far too much time and money trying to make the college planning puzzle fit together,” said Jacob Stern, Imeriti Inc. CEO.  “Our partnership with SAGE Scholars will make it easier for families to save for college using life insurance, and provide an incredible opportunity to earn a scholarship at an established private college.  This program will revolutionize the way families view saving for their child’s education.”

SAGE was founded in 1996 by Dr. James Johnston, the former Head of Admissions and Financial Aid, with Wharton School of the University of Pennsylvania.  SAGE’s Tuition Rewards Program is now the largest private college savings program in America, based on the number of participating students.  “We’re very excited to have Imeriti, Inc. in the Tuition Rewards Program,” stated Dr. Johnston.  “Imeriti, Inc. gives families the opportunity to use life insurance products as a guarantee for college funds.  This is a unique approach that takes the variable guessing out of college funding.”

Media Contact
Katie Blackledge, Imeriti, Inc.
www.Imeriti.comor 800 921 3100