Save for college while saving on your mortgage
We can help you save on two of life’s biggest expenses—your mortgage and tuition. Through our CollegeSave Tuition Rewards program, you can earn up to 16,000 Tuition Rewards Points® worth $16,000 in tuition discounts, transferable to any child in your family.
Financial success on all fronts
CollegeSave is a scholarship platform that enables you to save for the future – at NO cost to you.
At the start of your loan process, you will earn 1,000 Tuition Rewards® points. Each point equals $1 in college tuition discounts. When your loan funds, you will receive 250 Tuition Rewards points every month for 60 months (5 years) – until your account reaches 16,000 points (worth $16,000 in tuition discounts).
Over 400 participating colleges and universities
Tuition Rewards® points are accepted at over 400 top colleges and universities across the country.
Transferable to any child in your family
You can add any family member from a newborn to a student about to start their junior year of high school.
Applicant must electronically submit their Tuition Rewards statement to a participating college within 10 days of application to that college.
Participating students must be added by August 31 prior to their junior year of high school. Students must be admitted to one of the participating colleges on standard admission criteria. Students use the Tuition Rewards® Points for discounts off full tuition in four equal installments from freshman to senior year of college. The tuition savings benefit is provided as a discount off tuition by each college; schools sign contracts with the program’s college network administrator to accept the Tuition Rewards (it is never paid in cash to a participating student or family). All students in the member’s extended family are eligible, from birth to the beginning of the junior year of high school. Members can name their child, stepchild, niece, nephew, cousin, godchild or grandchild as a beneficiary of the Tuition Rewards discounts. There is no requirement for students to select a college they will attend in advance. The Tuition Re-wards Points represent a guaranteed minimum scholarship that can be combined with other aid offered by the participating college. Each point equals $1.00 in tuition discounts. Additional requirements, including deadlines for registering students in the program and procedures for redemption of tuition discounts are provided in the CollegeSave Membership Terms and Conditions on the program membership portal.