If a family saves for college using a Sage Scholar affiliate life ins. the company, 5500 scholarship points are earned upon issuance of their plan, then 2000 points each year the plan is in force.
Note that if students apply to colleges that are not Sage Scholar members, the track record of accumulating money and scholarship credits demonstrates the commitment of the student and family for college and should impress any college enrollment officer. Please contact us in order to consult with a representative or agent for complete details covering the above strategies.
** No strategy for college savings is an optimal fit for everyone, but examples of third party discussions about return on life insurance come from these WALL STREET JOURNAL articles as an example:
Are "Higher-Tuition" Private Colleges As Good A Value As "Lower Cost" State Universities? ( for the full 5-page research report).
Some colleges stand out by especially recognizing your year by year saving, as it is exemplary of the discipline needed to be successful in college. This particularly applies to students earning and saving some money along with parents, e.g., with summer work which can even include building your academic knowledge at the same time!