Post by Homer Hawks Site Administrator on Dec 9, 2008 17:36:56 GMT -5
from the Rocker board =---
I heard a radio advertisement the other day for this and investigated. What a great opportunity to save for college. Check out the website that explains the program www.firstmidwest.com/tuitionrewards/TR_MoreWaytoEarn.asp and the link to all the schools that participate www.tuitionrewards.com
The program is basically real simple, you earn 5% points per year toward college scholarship money for any deposit you have in their bank - checking savings, CD's IRA's etc., and you can combine all the different accounts into one college saving for a child. For example if you as a parent have 10,000 and each of the grandparents place their savings or IRA and an aunt or uncle put their accounts there and its a combined 100,000 then the child earns 5000 a year towards scholarship money. 4 years later that s 20,000. That's the first year paid keep earning another 5000 a year for the last three years of school and you cut your bill by 25% DO THE MATH. If she can get even a 50% ride for softball she will go to school as DIDI used to say "FOR PEANUTS" It is a no brainier, I wish I had found it earlier, but it is never to late.
The schools in Illinois that participate are:
Illinois
DePaul University
Dominican University
Greenville College
Judson University
Lake Forest College
Lewis University
Lincoln College
McKendree University
Millikin University
Quincy University
Robert Morris College
Rockford College
Saint Xavier University
Trinity Christian College
University of St. Francis
I heard a radio advertisement the other day for this and investigated. What a great opportunity to save for college. Check out the website that explains the program www.firstmidwest.com/tuitionrewards/TR_MoreWaytoEarn.asp and the link to all the schools that participate www.tuitionrewards.com
The program is basically real simple, you earn 5% points per year toward college scholarship money for any deposit you have in their bank - checking savings, CD's IRA's etc., and you can combine all the different accounts into one college saving for a child. For example if you as a parent have 10,000 and each of the grandparents place their savings or IRA and an aunt or uncle put their accounts there and its a combined 100,000 then the child earns 5000 a year towards scholarship money. 4 years later that s 20,000. That's the first year paid keep earning another 5000 a year for the last three years of school and you cut your bill by 25% DO THE MATH. If she can get even a 50% ride for softball she will go to school as DIDI used to say "FOR PEANUTS" It is a no brainier, I wish I had found it earlier, but it is never to late.
The schools in Illinois that participate are:
Illinois
DePaul University
Dominican University
Greenville College
Judson University
Lake Forest College
Lewis University
Lincoln College
McKendree University
Millikin University
Quincy University
Robert Morris College
Rockford College
Saint Xavier University
Trinity Christian College
University of St. Francis