CTB works like a scholarship program. Members earn Tuition Rewards® to spread evenly over the four years of undergraduate education. Tuition Rewards can be used at participating colleges or universities across the nation.
Members who register for the program earn 2,000 Tuition Rewards annually upon plan renewal, plus a bonus of 2,500 Tuition Rewards in year four. The longer the subscriber is a CareFirst member, the more Tuition Rewards can be earned. In addition, 500 Tuition Rewards are given to each child registered. One Tuition Rewards point is equal to a $1 guaranteed minimum discount off the full tuition price.
Tuition Rewards points represent a guaranteed minimum scholarship; they are not redeemable in hard dollars. Member colleges and universities may blend (include) or stack (add) Tuition Rewards with other financial aid offers.