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 nonrefundable school costs after a mid-semester 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 visit the GradGuard™website.
At Loyola, we want our families to have peace of mind during their entire time with us. Tuition insurance plans also come with Student Life Assistance: a 24-hour hotline to help students stay safe on and off campus.
Plan details:
- Insurance must be purchased prior to 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.
Tuition Insurance Protection
Sample Insurance Cost* (Plans are set up by semester) |
On Campus Undergraduate |
Commuter Undergraduate | Purchase Protection? |
---|---|---|---|
Tuition and Fees | $22,515 | $22,515 | |
Housing and Meal Plan | $6,935 | $250 | |
Total Eligible Charges |
$29,450 |
$22,765 |
|
Scholarships and Grants | $20,000 | $18,000 | No |
Student and Parent Loans | $1,663 | $4,465 | Yes |
College Savings Plan | $6,000 | $0 | Yes |
Cash Payment | $1,787 | $300 | Yes |
Total Payments |
$29,450 |
$22,765 |
|
Total Amount to Protect |
$9,450 |
$4,765 |
|
Total Cost of Protection @ 1.10% |
$104/semester |
$53/semester |
*This are examples used for illustrative purposes only. Please call GradGuard for actual rates and for more information.
Terms, conditions, and exclusions apply. Insurance benefits are underwritten by Jefferson Insurance Company (NY, Administrative Office: Richmond, VA), rated “A+” (Superior) by A.M. Best Co. Plans may not be available to residents of all states. Allianz Tuition Insurance is a brand of AGA Service Company. AGA Service Company is the licensed producer and administrator of this plan and an affiliate of Jefferson Insurance Company. The insured shall not receive any special benefit or advantage because of the affiliation between AGA Service Company and Jefferson Insurance Company. Non-Insurance benefits/ products are provided and serviced by AGA Service Company. Consumer may be responsible for charges incurred from outside vendors for assistance or concierge services. Contact AGA Service Company at 8884275045 or 9950 Mayland Drive, Richmond, VA 23233 or tuition@allianzassistance.com.