Tuition Insurance: Protecting Both Students and Your College
Tuition insurance helps protect students and families from financial loss if a student must withdraw from a program due to illness, injury, or other covered reasons. For career colleges, offering tuition insurance can enhance the institution’s appeal by providing a safety net that reassures students and parents alike. This type of coverage can also help protect the college’s revenue by minimizing the financial impact of student withdrawals. Work with an insurance provider to create an optional tuition insurance plan that aligns with your college’s programs and student needs. Clearly communicate the benefits to prospective students and their families. Providing this option reflects your commitment to their success and well-being, strengthening your institution’s reputation and trustworthiness.
NACC has partnered with HUB Insurance to provide a one-stop-shop for Commercial Insurance, Employee and Student Benefits, Group Retirement, Surety and Personal Insurance. To discuss your college’s unique needs please complete the form found here: HUB Inquiry Form
