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Home > Press Releases > Monetta's College Savings Plan Expanded to Include Free Tuition Scholarships

Monetta's College Savings Plan Expanded to Include Free Tuition Scholarships
by PRWEB

Earn up to $15,600 in free college tuition scholarships. Receive a one-time $250 scholarship for just enrolling at www.monetta.com.

Wheaton, IL (PRWEB) September 24, 2024 -- The Monetta Express College Savings Program now allows shareholders to accumulate annually Tuition Rewards� credits equal to 5% of the account value. The credits accumulate like frequent flyer miles, but never expire, and can total up to $15,600 per student. The rewards program is offered in conjunction with SAGE Scholars Inc., an educational consulting firm, and can be used at 165 private colleges nationwide. Shareholders receive a one-time $250 Bonus just for enrolling.

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(PRWEB) August 20, 2024 -- Parents need to take the time to educate their kids about money management before they leave for college. Unfortunately, college students often get in financial trouble at school. US Treasury statistics reveal that 45% of all college students are in debt with an average credit card debt load of $3,000 by graduation. Studies have also shown that young people typically get failing grades on tests of their financial knowledge. They are not adequately prepared for the financial choices they must make when living on their own for the first time. In fact, bankruptcy is growing faster among young adults in their 20's than in any other age group in the country. Yet, parents are sending their kids to college with only a mild lecture against overspending.
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�The Monetta College Savings program should be part of every family that is saving for college� says Robert S. Bacarella, president, Monetta Financial Services Inc. �It combines affordability with a principal protection option (Government Money Market Fund), guaranteed scholarships and a fun and educational financial literacy program.�

Tuition Rewards� credits can also be earned by parents or grandparents with �safe money� by investing in the very conservative Government Money Market Fund. The account will earn a 5%, Tuition Rewards� credit each year which can be given to any family member between birth and 17 years old. The rewards do not affect the account balance or the earned income.

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CareerBoard Helps Launch New Site Connecting Recent Grads with Employers in Michigan

Michigan employers will be able to electronically post entry-level jobs for college graduates and internship opportunities free of charge in a new collaboration. The Web site, HireMichigansBest.com is aimed at connecting employers with college students and recent graduates throughout the state.

Cleveland, OH (PRWEB) November 17, 2024 -- Michigan employers will be able to electronically post entry-level Detroit jobs and other Michigan jobs for college graduates and internship opportunities free of charge in a new collaboration.

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The Monetta College Savings Plan can be started with a low minimum investment of $250 with a $25 monthly automatic investment plan (AIP*) or with a $1,000 deposit.

To receive, information on the Tuition Rewards� program and the Monetta College Savings Plan, call 1-800-Monetta or email us at mailto:e-mail protected from spam bots.

*AIP Disclosure: The automatic investment plan program involves continuous investment in securities regardless of fluctuating price levels and investors should consider their financial ability to continue purchases through periods of low price levels. An AIP program does not assure a profit and does not protect against a loss in declining markets.

The fund's investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company, and it may be obtained by calling 1-800-Monetta, or visiting Monetta.com Read it carefully before investing.

All investments, including those in mutual funds, have risks and principal loss is possible.

An investment in the Government Money Market Fund is neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund.

Tuition Rewards� is a registered trademark of SAGE Scholars. This trademark has been licensed for use by the licensee. For further information about SAGE and a complete list of participating colleges, please visit www.Sagescholars.com.

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1776-A South Naperville Road � Wheaton � Illinois � 60187 � 1-800-Monetta. For more information call Keri Cronin (630)-462-9800


 

 

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