Touchnet and GradGuard provide college and university partners with a unique opportunity to help protect the investments their students make in higher education. 

Through our collaboration, students (and authorized users) have the opportunity to purchase a tuition insurance policy directly in their Student Account Center. Additionally, we help collect acknowledgement of your institution’s refund policy in advance of students and families paying tuition and fees balances; providing your institution reassurance that the student has had the opportunity to review their financial obligations. 

Tuition insurance can help provide up to 100% reimbursement of your students’ cost of attendance should they have to withdraw for a covered reason. Partner with GradGuard to offer tuition insurance that complements your institution’s refund policy. Additionally, tuition insurance programs can help an institution’s recruitment, retention, and revenue.
 

Recruitment

  • Demonstrate to students and families that your institution has their best interests in mind.
  • Provide confidence to a growing number of students with pre-existing and chronic conditions. 
  • Complement your toolbox of resources and services for families by allowing them to voluntarily purchase a robust tuition insurance plan.

Retention

  • The most prominent reason why students who leave for a medical reason and never return is due to the financial implications and balances that result - tuition insurance can eliminate that obstacle. 

Revenue

  • TouchNet and GradGuard integration delivers a new level of financial literacy and awareness.
  • Greater participation can transfer risk from your campus to GradGuard, so student account balances are paid when a student withdraws.
  • A greater level of transparency allows your institution to stand behind its policies and reduce write-offs and bad debt.

 

How to Get Started

Implement tuition insurance in as little as two weeks! Together, TouchNet and GradGuard ensure ease of implementation and engagement. 

To learn more about GradGuard’s tuition protection program available as an embedded solution with TouchNet, please complete the form on this page.
 

 

COVID-19 UPDATE: NEW EPIDEMIC COVERAGE ENDORSEMENT AND SPECIAL PLAN ACCOMMODATION

We are pleased to announce that all GradGuard tuition insurance plans purchased on or after February 18, 2022 will now include a new Epidemic Coverage Endorsement, which can provide coverage for when an insured student completely withdraws from school for the covered term due to becoming ill with any epidemic or pandemic disease, including COVID-19.

To learn more, please visit: https://gradguard.com/covid-19

 

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