Many college parents have been asking us about tuition insurance. Tuition insurance is an affordable form of protection that reimburses a college student / family if they are forced to complete a withdrawal from college due to a covered reason. Part of the growing interest relates to new forms of tuition insurance that are now available through Allianz and GradGuard. A.W. Dewar’s has offered tuition refund insurance for 80+ years, but these new providers have entered developed new approaches to helping families protect the nearly $500 billion invested in a college education annually. Typical tuition insurance programs, which only offer tuition refunds when a student withdraws due to illness, injury, psychological conditions or death.read more
One very important task that each college student faces each semester is choosing his classes for the next semester.read more
The summer before college is a hectic time. There are often weekly communications from schools. Housing assignments, meal plans, medical appointments, financial matters to discuss and even insurance decisions including student health, renters insurance and tuition...read more
A Texas prison inmate wrote me recently asking for a free copy of my book after reading about it in a newspaper column on the importance of soft skills in the job hunt. He justified the request with a claim that he achieved a 3.7 GPA in getting his associate’s degree and “acquired a lot of academic knowledge” but was not ready for the workforce when he completes his prison term soon. I hear this comment frequently from college graduates and current students everywhere from community college to the Ivies, and none of them are in jail.read more
The ‘hot’ college that everyone in your class wants to go to will be harder to get accepted. Too many applicants from one school can cut down your chances. If there’s a school you want to go to, keep your mouth shut!read more
When your children leave home for college, they will face a host of new experiences and responsibilities. As a parent, you recognize that now they will be “on their own” to tackle life’s basic functions – at the same time that they are adjusting to a new environment and new freedoms. To help your student in this transition, he/she should know the “financial facts of life” before opening that first checking account or making that first purchase on credit.read more
You have been preparing for years to be able to help finance your student’s education. You’ve probably already discovered some additional costs that you might not have anticipated: application fees, SAT prep courses, and the costs of visiting numerous campuses to find just the right one.
Once your student has been accepted and is about to head off to school, you’ll receive your first tuition bill. The bottom line on the statement may have shocked you, but at least you thought, you knew what was ahead. However, don’t put your checkbook away just yet.read more
Taking an extra year or two to complete a college degree in not out of the ordinary in the US. Actually only 40% of four year college students finish in four years. And 60% finished in six years. According to Nerd Wallet a new study examined how much one or two years...read more
Did you know…?
Only 27% of parents surveyed recall being provided official notice of the school refund policy
79% of parents believe that it is more difficult for today’s parents to save for college than it was for their parents’ generation
More than 30,000 burglaries are reported annually related to college students, including 15,000 residence hall burglaries
When parents are asked of the medical withdrawal refund policy was disclosed, 49% were not sure.
Only 21% of schools surveyed refund 100% for medical withdrawals
Each year, fire departments respond to over 3,800 fires in dormitories, fraternities, sororities and barracks