If you are like many college and university officials, you are facing a growing number of student withdrawals.
Student withdrawals are a costly event for everyone. Institutions depend on the funds that students pay in tuition and fees. Students and their families may suffer a financial loss as well as from the trauma of unexpected event such as an illness or injury that disrupts an academic term.
Our research indicates that very few schools provide 100% refunds to students who complete a withdrawal mid-term. Even when a hardship exists such as the death of a parent or substance abuse incident it is uncommon for colleges to provide 100% refunds.
As a result, we are pleased to announce that the GradGuard Tuition Protection Plan from Allianz Global Assistance is now available to schools who are looking to provide refunds to students who are forced to withdraw from school due to illnesses, injuries or other covered reason.
The Tuition Protection Plan is offered only to school partners who enter into a non-exclusive participation agreement. This agreement assures your students that they will receive the enhanced coverages schools expect and students need.
Speak with us to learn more about why our modern tuition insurance programs are an important student benefit and a valuable form of protection.