GradGuard Tuition Protection | Minneapolis College of Art and Design

GradGuard Tuition Protection

MCAD has partnered with Allianz Global Assistance to offer GradGuard Tuition Protection coverage to students and families.

Enjoy the peace of mind that comes from knowing your educational investment is protected. The GradGuard Tuition Protection Plan will reimburse your tuition and required fee payments, housing costs, and more after a mid-semester withdrawal from the college for a covered reason—all for less than 1% of your school payments.

Tuition Protection Plan
Coverage: Pay out up to:
Illness/Injury of Student 100%
Death of Student 100%
Mental Health Disorder 100%
Death of Tuition Payer 100%
Other School Expenses Up to $1,000
Cost (per term) $9.99 per $1,000 (minimum $1,500; maximum $75,000)
Sample Pricing (Coverage/Cost) $2,500 = $24.75
$5,000 = $49.50
$10,000 = $99.00
$15,000 = $148.50
$20,000 = $198.00

 

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

Tuition insurance plans also include Student Life Assistance—a 24-hour hotline service to make sure students and parents get the support they need in emergency situations. Allianz Global Assistance’s award-winning team of experts is available to help anytime, anywhere.