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An elective scholarship program that allows families who are saving for college by investing or making deposits with participating 529 Plans, banks, credit unions and other institutions/employers to earn "points" (similar to frequent flyer mileage points) that can be redeemed for guaranteed minimum scholarships for up to the cost of tuition. The scholarships are spread evenly over four undergraduate years. The Tuition Rewards program is coordinated nationally by an independent organization, Savings And Growth for Education (SAGE). One point has a value of one dollar. Families participating in Tuition Rewards need to submit the Student's rewards statement to Union College at the time of application for admission. This is done by the "sponsor" by logging onto the "Account Statement" page at www.tuitionrewards.com and forwarding the rewards statement to Union College. Statements submitted after we have prepared a financial aid package for the Student may invalidate use of Tuition Rewards.