Paying for college isn’t just about covering tuition. It’s about understanding what happens when life takes a turn and what protections exist if it does.

Each year, families across the country commit thousands of dollars toward college without fully understanding the terms behind the payment. If a student gets sick or has to take a leave during the semester, even for a serious medical reason, many schools don’t refund tuition. Housing and fees can be nonrefundable. Grants may be forfeited. And student loans may still need to be repaid, even without a completed term to show for it.

That’s why understanding school refund policies and looking into tuition insurance before the semester starts can help families avoid financial stress if a student’s college experience is interrupted. With tuition topping $25,000 a year at many public universities and twice that at private schools, a few hours of research can mean the difference between peace of mind and unexpected debt.

We’re partnering with GradGuard to help you understand how tuition insurance can protect your investment. GradGuard is a leading tuition insurance source, with affordable coverage. Get a quote or learn more here >>