It's true. As an Independence member you have access to a program that can help pay for college.
As the cost of attending college continues to rise faster than inflation and medical costs1, Independence Blue Cross (Independence) is helping families keep up through an arrangement with The College Tuition Benefit.®.
- Employees enrolled in an Independence plan automatically earn $2,000 in annual Tuition Rewards®, and a bonus in year four.
- One Tuition Rewards point = $1 guaranteed minimum reduction in full tuition.
- Tuition Rewards can be used at nearly 400 institutions, with 80% ranked among "America's Best" by US News and World Reports in 2014.
- Employees can share the benefit with eligible relatives, including children, nieces, nephews, step-children and grandchildren, subject to certain restrictions.
This example shows how The College Tuition Benefit would help the family of a 12 year old pay for college. If the student attends a SAGE Scholars consortium member college, the full tuition will be reduced by at least $17,000 spread evenly over the first four years of attendance for undergraduate study at participating colleges starting with the freshman year.
|Policy Year||Subscriber Rewards||Subscriber's Rewards Balance
(balance does not accrue interest)
|Initial Registration, Subscriber & Student Rewards||2,500 (2,000 + 500)|
With the College Tuition Benefit,
you earn 2,000 Tuition Rewards
Points ($2,000 value), or more every year.