|HOW DO TUITION REWARDS WORK?
Monetta Mutual Funds, in conjunction with SAGE Scholars, can help you get started with 500 Tuition Reward Points
(a $500 value) that can help reduce tuition costs at more than 300 private colleges and universities nationwide.
As a Monetta shareholder and/or as a custodian on a student's account, you will automatically receive one-time 500-Point Tuition Reward bonus when you enroll as a sponsor in the SAGE program. Every student whom you register in the program will also receive a one-time, non-transferrable 500-point bonus. Each point is worth $1.00 in guaranteed minimum scholarships from a participating member school. Through your enrollment in Monetta Tuition Rewards, you will be able to generate discounts of up to one full year's tuition for each of your registered beneficiaries at participating colleges. There is no cost to enroll.
The 500 Tuition Rewards points can be utilized by your children, grandchildren or any other relative whom you register. Think of Tuition Rewards as similar to "frequent flyer miles", that do not affect financial aid, and are non-taxable points which are separate from your investment account.
HOW TO EARN ADDITIONAL TUITION REWARDS?
While your Monetta account is active, each registered student will receive non-transferrable points every year on his/her birthday according to the following schedule:
TO START YOUR TUITION REWARDS PROGRAM AND REGISTER YOUR STUDENTS
CLICK ON THE ENROLL BUTTON BELOW.
Ages 1 through 11 500 Tuition Reward Points
Ages 12 through 14 750 Tuition Reward Points
Ages 15 through 17* 1,000 Tuition Reward Points
Each participating student, is only allowed one set of Tuition Reward Points per birthday. Multiple sponsors will not result in additional accumulation of Tuition Reward Points.
The Last date for student rewards to be earned is the 17th birthday, or August 31st of the year the student begins 12th grade - whichever is sooner.
THREE IMPORTANT DEADLINES THAT YOU MUST BE AWARE OF TO USE YOUR TUITION REWARDS:
||You must add eligible students (children, grandchildren, nieces, nephews, other family members) by August 31st at the beginning of the junior year of high school.
||Tuition Rewards are earned and reported to your account. You must allocate points to students by August 31st at the start of the senior year in high school. After this deadline, a student's Reward account cannot be increased.
||You must submit a Tuition Rewards statement to any member college to which your student applies at the time of the student's application to the school. Statements submitted late to member colleges may not be accepted for tuition reduction.
Tuition Rewards are remitted solely as a reduction from the college’s full tuition bill and are not awarded in cash.
Certain restrictions may apply. The Tuition Rewards program is offered and administered by SAGE Scholars, Inc., a private for-profit corporation. Monetta Financial Services, Inc., (MFSI) through a partnership with SAGE Scholars offers a college tuition reduction program that may be used at over 300 participating colleges nationwide. All costs for the College Savings Program, including participation in the Tuition Rewards Program, are paid by MFSI. For program details and restrictions please visit www.tuitionrewards.com
Tuition Reward registration bonus points are issued one time only. If the investor and/or student already has a Tuition Rewards account through Monetta or another SAGE financial partner, he or she is not eligible for additional registration points.
For custodial accounts, MFSI has a "college savings program" where the Monetta Shareholders automatically receive an investment kit, a quarterly newsletter, various educational materials and in addition, if enrolled, will receive Tuition Rewards.
All costs for the College Savings Program, including participation in the Tuition Rewards Program, are paid by MFSI.
Monetta Family of Mutual Funds
1776-A S. Naperville Rd., Suite 100
Wheaton, IL 60189
For more information please e-mail us at email@example.com
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