Nelnet Campus Commerce partners with GradGuard
Payments technology company Nelnet Campus Commerce is partnering with tuition insurance provider GradGuard .
This collaboration gives Nelnet’s 1,300+ higher education partner institutions access to an integrated policy disclosure process that provides students and payers clear information about the institution’s tuition and refund policy. Students and families will also be given the opportunity to opt into GradGuard’s tuition insurance solution to protect them from any financial losses from an unexpected withdrawal or change during the semester.
GradGuard’s tuition insurance solution reimburses tuition, room and board, and other eligible fees if a student needs to withdraw from college or university due to issues like illness, mental health, injury, disability, death of a tuition payer, or other covered reasons. With the partnership, the feature will integrate with Nelnet Campus Commerce’s higher ed payment technology platform and streamline processes for colleges and universities that use it.
“We’re excited about the GradGuard partnership – it’s going to allow us to serve our partner institutions and the students and families they support. We’re incredibly proud of the people and organizations we work with. They deserve the best tuition payment solutions available, and we can’t wait to deliver this value add component to our technology. The new feature helps solve an issue that many higher education institutions are facing: a growth in student withdrawals, many of which are caused by illnesses or accidents, and GradGuard can help.” – Jackie Strohbehn, president of Nelnet Campus Commerce.
“The integration with Nelnet Campus Commerce’s end-to-end payment solution for managing tuition payments helps us fulfill our mission to give each student the opportunity to succeed and protect their investment in college.” – John Fees, co-founder of GradGuard.