Tuition protection is designed to provide financial security and peace of mind to students and families paying for higher education. In the event a college or university closes unexpectedly, tuition protection helps ensure enrolled students can continue t

The goal of this article is to explain how tuition protection works, specifically how insurance premiums are set. We’ll look at the factors that influence costs, provide average premium examples, and discuss ways families can reduce their premiums. By demystifying the premium structure, readers will gain valuable insights to make informed decisions about protecting their tuition investment. What is Tuition Protection? Tuition protection insurance is designed to protect students financially in the event their education provider is unable to deliver the prepaid course. It covers tuition fees that were prepaid by the student. If the education provider closes or can no longer supply the course, the tuition protection will refund the unused portion of prepaid fees.

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