2022-2023 Compass Student Handbook and Resource Guide 
    
    Dec 04, 2024  
2022-2023 Compass Student Handbook and Resource Guide [ARCHIVED CATALOG]

Tuition Insurance


Effective Date

Office of Primary Responsibility

Student Financial Services

Summary of Policy

The tuition insurance can refund up to 100% of your tuition and fees in the event of a medical leave or withdrawal. This coverage expands the scope of our refund policy by ensuring reimbursement for tuition, room, board and other fees when a student takes a leave or withdraws at any time during the semester for reasons covered by this insurance like:

  • Serious illness or injury
  • Mental health disorder
  • Death of tuition payer
  • Plans also include Student Life Assistance; a 24-hour emergency hotline that offers students and parents even greater peace of mind.

Reason for Policy

We believe it is important to offer an easy, affordable way to protect the investment your family has made in higher education. That is why Allegheny has negotiated with GradGuard to provide our families with tuition insurance by Allanz Global Assistance featuring special plans and rates not available to the general public.

The Policy

At Allegheny, we want the best for our students. Allianz Global Assistance is the world-leader in specialty insurance and assistance – helping over 200 million people protect their tuition payments, travel plans and more each year. Allegheny College is not a provider of the insurance. Rather, we have partnered with GradGuard to offer and manage the insurance directly to our students. Please contact GradGuard directly and speak to a tuition insurance specialist with questions regarding the tuition insurance. (1-866-724-4384) View GradGuard Website

Tuition Insurance is available by semester and is available to purchase through the last day BEFORE the start of each semester.

Coverage

You determine the policy limit that you wish to purchase. Please refer to your student billing statement on the TMS-Student Account Center to calculate the amount of coverage you may need. The average amount of coverage Allegheny students may consider is $15,000 per semester. If you find that you would like to purchase more or less coverage, please contact GradGuard directly to adjust your coverage amount.

Coverage Pay out up to:  
Illness/Injury of Student 100%  
Death of Student 100%  
Mental Health Disorder 100%  
Other School Expenses Up to $1,000  
Cost 0.89% of insured amount  
Maximum Coverage Limit $75,000  

Purchasing Options

You can purchase tuition insurance by contacting GradGuard directly or through the TMS-Student Account Center portal. Suggested coverage amount is $15,00. However your needs may be different. Please refer to your student billing statement to determine your coverage amount.

Contact GradGuard Directly

  • Call Customer Service (866) 724-4384
  • Go to GradGuard’s enrollment link: gradguard.com/tuition/allegheny
  • Log into the TMS-Student Account Center portal. Purchasing option is available on the “Make a One Time Payment” screen.
  • To file a claim, please call GradGuard at 1-888-427-5045 to begin the claim process.

Please note: Complete withdrawal from all classes is required and must be validated; documentation for all claimed expenses is required; physician recommendation to withdraw from institution is required and will be validated for withdrawal due to illness/injury or mental health disorder. Withdrawal for mental health disorder also requires hospitalization.