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Help Families Get Closer To Their College Goals.

Parents Congratulate Student Who Finish Studies

The College Tuition Benefit® (CTB):

In today’s environment, you need meaningful incentives to help
retain employees and attract new ones.

What could be more powerful than offering them a way to help pay for part of a family member’s or loved one’s college tuition?

Saving for college is one of the most important financial goals families are faced with today. But financially, it’s becoming more difficult to reach. The average published tuition at private nonprofit four-year institutions is $35,8301 — and it continues to grow
at an astonishing rate.

Did you know?

1 in 6

working Americans have access to tuition reimbursement, loan repayment or college savings plans through their employer.

7 in 10

employers say improving financial health of their workforce is an important objective — up 15% since 20142.

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Offer employees quality coverage — with the added value of saving for college.

Here’s how it works:

  • Employees receive 2,000 Tuition Rewards Points when they sign-up for CTB.
  • Each Tuition Rewards® Point equals $1 in tuition reduction.
  • Employees receive a bonus of 2,500 Tuition Rewards Points in year four
  • Tuition Rewards increase each year, never expire and members keep them forever.
  • Tuition Rewards® can be used at over 440 participating private colleges and universities nationwide.
  • Employees can allocate Tuition Rewards to their children, grandchildren, nieces and nephews. Godchildren and stepchildren, too.
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All employees can earn Tuition Rewards

The great part of the Independence CTB program is that anyone can participate. It allows employees to not only save for children and stepchildren – but also grandchildren, nieces, nephews and Godchildren too. There’s virtually no limit to whose goals they choose to support.

Diversity Students Graduation Success Celebration Concept

Take part in your employee’s financial wellness — by helping them reach their goal of saving for college.

7 in 10 parents plan to use some retirement savings and investments to pay for their children’s college education. So there couldn’t be a better time to let employees take advantage of this valuable benefit that can help pay for up to a year’s worth of college tuition. The Independence CTB program not only helps retain and attract employees, it also shows your genuine concern for their financial wellbeing. Which is a powerful value-added benefit for your company, too.

Talk to your Independence Group Benefits Broker to get started today.