A college education is one of the largest investments you’ll ever make, and it is an investment worth protecting. Each term, thousands of students withdraw from colleges and universities across the U.S. and in many cases their tuition is not refunded. Tuition Insurance is designed to complement your school’s tuition refund policy if your student has to withdraw for a covered reason. Help give your family financial security by protecting against the unexpected.
What does Tuition Insurance Cover?
In the event of a covered withdrawal, Tuition Insurance can reimburse the following costs, up to the policy limits:
- Academic Fees
- Room and Board
- Other eligible education related expense
How Much Does Tuition Refund Insurance Cost?
There is no “right” amount of tuition insurance. It varies person to person, family to family. Be sure to assess your out-of-pocket risk before choosing your coverage levels. Consider all of the costs associated with attending college that you and your family would lose if you had to withdraw for medical reasons. This includes fees, room, board, tuition, and books. Available coverage levels vary by school.