Create a free Diverse: Issues In Higher Education account to continue reading. Already have an account? Enter your email to access the article.

Tuition Insurance Can Help Mitigate Financial Risks in Higher Education

user-gravatar

In their original 2009 insurance policy plan, GradGuard decided not cover student withdrawal in the case of a pandemic. But as COVID-19 made its grip on the nation clearer, GradGuard’s CEO and co-creator John Fees decided he needed to rewrite the rules. During 2020, GradGuard was the only tuition insurance plan that fully reimbursed student withdrawals due to COVID-19.

GradGuard is a program manager that sets students up with insurance that covers 100% of their tuition, room, board, and school fees should that student need to withdraw due to physical injury or illness, chronic illness, or a mental health condition. Most institutions do not offer any return on investment should a student drop out after the first few weeks in the semester. With the cost of higher education continuing to rise, the risk taken by low-income families to invest in higher education has become more serious.

Read More

The trusted source for all job seekers
We have an extensive variety of listings for both academic and non-academic positions at postsecondary institutions.
Read More
The trusted source for all job seekers