Marquette University in Milwaukee announced this week that students can now purchase GradGuard tuition insurance through the university’s enrollment process — specifically for health-related academic withdrawals.
Here is what that means in plain terms.
If a Marquette student must leave school mid-semester because of a serious illness, a mental health crisis, or another qualifying health emergency, the university typically does not refund the full semester’s tuition. The refund schedule is partial at best and often nothing at all after the first few weeks of a term. For families paying Marquette’s annual cost — approximately $55,000 per year in tuition, fees, room, and board — a forced mid-semester medical withdrawal can mean losing $20,000 to $27,000 that the university keeps and the student has nothing to show for…