Just a year ago, I was pleased to announce that schools and families now have access to world-class service and valuable protections offered exclusively through GradGuard's Tuition Protection Plan from Allianz Global Assistance.
Topics: college life, tuition refund insurance, College Life Protected, Tuition Insurance, Refund Policy, Best Practices by Colleges, tuition refunds, Student Benefits, insurance, Higher Education, Bursars,, nacubo,, college risk, Tuition Protection Plan, college refunds,, Allianz Global Assistance,, Allianz, GradGuard
GradGuard was pleased to participate in a panel discussion at this week PDG Bursar 2018 Conference on the topic of The College Confidence Index and Transparency: Helping Students and Families Take Informed Action.
The panel included co-founder of GradGuard, John Fees, and industry leaders - Daniel Durazo, Allianz Worldwide Partners and Cheryl Cooper of Tuition Management Systems
Student financial services professionals including bursars, directors of finance and financial aid administrators all recognize the importance of financial literacy and this presentation helps them understand how careful decision design can also help them serve students better.
Please download the entire presentation to learn how colleges and universities are building confidence in the students and families they serve by adopting easy to implement approaches to help students make informed decisions such as:
- FERPA notification;
- Refund policy disclosures and tuition insurance programs;
- Student health insurance and waiver processes;
- Residential liability acknowledgement and renters insurance programs.
There are several gatherings of higher education officials that I find to be filled with essential truths.
Topics: College Life Protected, Tuition Insurance, Consumer Protection, Refund Policy, Transparency, college completion, Is College Worth It, Disclosures, regulation, Higher Education, Bursars,, nacubo,, business operations,, college refunds,
I shared this post recently with for the March edition of URMIA Insights - (University Risk Management and Insurance Association). The message, however, is important for other leaders in higher education and particularly for those in student housing and student financial services.
Topics: student success, college theft, college fire safety, Dorm Life, renters insurance, apartment living, college life, dorm living, College Life Protected, Student Risk Management, student risk, Renting, Best Practices by Colleges, Higher Education Policy, Renters Liability, Student Benefits, insurance, Risk Management, Campus Fire, Student housing, ACUHOI, Higher Education, college renters insurance, URMIA
Have you ever noticed that in life - easy stuff get's done. Making it easy for students to make good decisions is a cornerstone of a well-designed education experience.
For instance, placing a recycling bin next to a garbage can - enables a choice when one may not have previously existed. There was no choice to recycle without including the alternative for students to choose to recycle instead of just putting something into the trash.
This small example demonstrates the importance of decision design and a recent webinar hosted by Professional Development Group illustrates how thoughtful decision design within student financial services can benefit both institutions and the students they serve.
Learn how schools are evaluating the decisions that students and their families are required to make. Schools are adopting easy to implement approaches to help students make informed decisions - such as FERPA notification, refund policy disclosures and programs such as health and tuition insurance programs.
Another example - "Look Right" - is familiar to visitors in London. Without such a simple reminder, the safety of American visitors to London could be compromised. Decision design - it works and can be easily implemented to improve outcomes for your institution. Learn more today.
Please join Professional Development Group's education series for a webinar led by John Fees, co-founder of GradGuard and Craig Lockwood, of Tuition Management Systems as they discuss the timely topic of transparency.
Paying for college can be a challenge but thanks to a new innovative college search tool providing valuable protection for your college student is easy as ever.
The average published in‐state tuition and fee and room and board charges for 2016-17 are $20,090 and for out of state students, total charges are $35,370. The average published total charges at private nonprofit four-year institutions are $45,370, according to the College Board’s 2016 Trends in College Pricing. In total, more than 20 million students and their families invest an estimated $500 billion annually in tuition, academic fees, student housing and related expenses.
We are very pleased to be working with Allianz Global Assistance to help take tuition insurance to the next level. Very pleased to share this public announcement. Thanks to our partnership, schools and families have access to world-class service and valuable protections offered through our Tuition Protection Plan.
As colleges and universities conclude the Spring term and prepare for a new academic year, it is worthwhile to pause to evaluate the cost of student withdrawals on your campus. Clearly student withdrawals are a costly event for all involved. Institutions depend on the funds that students pay in tuition and fees. Families and students are often not prepared to recover from the financial loss.