Tuition Refund Insurance
Tuition Protection Plan
Protect your tuition payments
Loyola University New Orleans has proudly partnered with GradGuard™ to offer Tuition Insurance from Allianz Global Assistance.
The Tuition Protection plan is like an extension of our refund policy. It can reimburse up to 100% of your non-refundable school costs after a midsemester withdrawal for a covered illness, injury, psychological condition, and more—protecting your investment in higher education.
To get a quote or learn more about the Tuition Protection Plan, call 1.866.724.4384 or go to: www.GradGuard.com/tuition/loyno
Tuition insurance plans also come with Student Life Assistance: a 24-hour hotline to help students stay safe on and off-campus. At Loyola University New Orleans, we want our families to have peace of mind during their entire time with us.
Insurance must be purchased prior to the first day of classes. Coverage extends through the end of that semester.
Tuition insurance is completely optional. The agreement you enter into is with GradGuard, not with Loyola University New Orleans.
| Sample Insurance Cost* (Plans are set up by Semester) |
On Campus Undergraduate |
Commuter Undergraduate | Purchase Protection? |
|---|---|---|---|
| Tuition and Fees | $21,014 | $21,014 | |
| Housing and Meal Plan | $6,773 | $250 | |
Total Eligible Charges |
$27,787 |
$21,264 |
|
| Scholarships and Grants | $20,000 | $18,000 | No |
| Student and Parent Loans | $0 | $2,964 | Yes |
| College Savings Plan | $6,000 | $0 | Yes |
| Cash Payment | $1,787 | $300 | Yes |
Total Payments |
$27,787 |
$21,264 |
|
Total Amount to Protect |
$7,787 |
$3,264 |
|
Total Cost of Protection @ 1.25% |
$98/semester |
$41/semester |
* These are examples used for illustrative purposes only. Please call GradGuard for actual rates and for more information.*