The benefits of auto-Enrollment

While Tuition Secure protects students' (and their parents') higher education investment, recent studies indicate that colleges benefit as well by increasing the long term retention of students who have to withdraw for a semester due to medical reasons. The availability of Tuition Secure also helps educate students and their parents about college refund schedules and the fact that most school refund schedules provide no refunds after the first few weeks of an academic term. Many students assume refunds are available throughout the academic term if a medical withdrawal becomes necessary, which is not usually the case. 

The medical withdrawal process is cumbersome for college administrators. Appeals processes and corresponding management of refunds provided by schools are resource heavy, subjective, difficult to manage and costly to schools. More and more, schools want to have a uniform process for withdrawals from the school whether it be for medical or non-medical reasons.

Tuition Secure is typically offered on a voluntary basis, meaning schools elect to offer it to students/parents who decide whether or not they wish to purchase coverage. However, Tuition Secure does provide an alternative enrollment option for colleges; auto-enrollment with waiver. Most schools are already utilizing auto-enrollment for their student health plans so it is a process already known to school administrators. In this scenario, the cost of Tuition Secure coverage is simply added to the student’s bill.

How is the Tuition Secure auto-enrollment process of benefit to colleges?

• It protects the college because an online record is created of all students choosing to opt out of coverage confirming that they have reviewed the school’s refund schedule.
• It greatly reduces the need for a separate appeals process for medical withdrawals saving school administrators valuable time and money.
• Auto-enrollment reduces the cost of Tuition Secure making it even more affordable for students to protect their higher education investment. Broad availability of coverage can help reassure students and parents that their tuition investment is protected.