Group Discount Program

PurPose

The 1417Power Group Discount Program is for Sponsors with 2 or more prospective Student Employees (“SE”) desiring to pre-enroll and or concurrently enroll. The Group Program provides a lower monthly cost based on a discount of 1% times the number of individuals in excess of one SE for which either prepayment or concurrent enrollment monthly fees are paid simultaneously.

Enrollment

Sponsors may enroll in the Group Discount Program for SE participation at any level and for any duration starting concurrently or at a future date. The Group Discount Program offers a discount on the total price at the rate of 1% times the total number of SE’s in excess of one being funded by the sponsor in any month. The SEs can be any combination of Prepayment and concurrent payment participation. The monthly payment is determined by multiplying the monthly participation level rate times the sum of Group Program discount to determine the monthly payment total fee. The Group Program can be used to earn up to a maximum of 8% discount.

Example

Sponsor has 5 grandchildren and desires to start funding all of their enrollments simultaneously. The Sponsor receives 4% discount on all SE fees. If all 5 enroll at the 775 level and participate concurrently for 36 months the total discount is $5,580.

Note: If any of the SE’s are prepayment they may be entitled to prepayment discount also.

Because there are typically age differences in the SE's there may be months where there are between 1 and 5 SE fees being paid simultaneously. Each month’s discount rate is determined independently.

Number of SE's
Percenage Savings
2
1%
3
2%
4
3%
5
4%
6
5%
7
6%
8
7%
9
8%