What happens when your student’s education is disrupted by an unexpected injury or illness? Depending on the timing of the withdrawal, you may not be eligible to receive a credit for all of your tuition and fees.
The Tuition Insurance Plan helps students and their families overcome the financial losses that may result from events which force students to withdraw from the semester due to a covered medical reason. Helping families get the most out of your LeTourneau University experience is always our top priority. That’s why we’ve partnered with GradGuard to make the Tuition Insurance Plan available to our families.
This coverage strengthens and broadens the scope of our existing refund policy by ensuring reimbursement for tuition, housing, and other payments if a student withdraws for any covered medical reason at any time during the semester.
Please remember the deadline to enroll is the day before classes begin each semester.
Learn more here or call 877-794-6603.
Frequently Asked Questions
Why might I need tuition insurance?
Tuition insurance allows you to protect your investment in higher education. Tuition insurance can reimburse you for non-refundable tuition, fees, and room and board costs (up to the amount of your policy limits) should you have to withdraw from school for a covered reason.
Do I have to purchase tuition insurance?
No, you do not have to purchase tuition insurance. Tuition insurance is completely optional.
Why is the University offering the option of tuition insurance?
At LETU, we know your college education is an important investment and we want to offer you the option to purchase tuition insurance. Beginning with the Fall 2022 semester, LETU has partnered with GradGuard to offer Tuition Protection Insurance to students and their families.
Does LeTourneau University make a profit from tuition insurance?
No. LETU does not profit from the insurance policies.
What does tuition insurance cover?
Tuition insurance can reimburse you for up to 100% of tuition costs, as well as fees, room, and board if you need to withdraw from school for a covered reason.
Aren’t I able to receive a refund through the University’s withdrawal process?
Yes. Depending on the date you withdraw from the University, all or a portion of your tuition and fees may be refundable by the University. The tuition insurance can reimburse you for nonrefundable expenses, including any tuition, fees and room and board that weren’t refunded by the University based upon the refund schedule.
Does the tuition insurance cover expenses if I withdraw from one of my courses?
No. Tuition insurance only covers you when you withdraw from ALL classes during the term for which you purchased tuition insurance.
What if I have additional questions?
If you have additional questions, please contact GradGuard at 877.794.6603.
