Core Insights - GradGuard has announced a strategic technology partnership with Flywire to enhance tuition protection options for colleges and universities and their students [1][2] Group 1: Partnership Details - The partnership allows Flywire's higher education clients in the U.S. to access an integrated policy disclosure process, improving financial literacy for students and families [2] - GradGuard's tuition insurance solution will be integrated into Flywire's payments platform, streamlining processes for educational institutions [2][4] - Eligible Flywire institutions can integrate GradGuard's tuition insurance at no cost for Spring 2025 [5] Group 2: Benefits and Impact - The integration aims to provide confidence to students and families regarding their academic investments, especially in light of potential withdrawals due to unforeseen circumstances [3] - GradGuard and Flywire enhance transparency around school withdrawal policies, offering families resources to protect their educational investments [4] - GradGuard has served over 1.7 million students at more than 1,900 institutions, indicating a significant market presence [7] Group 3: Company Profiles - GradGuard is recognized as the number one provider of college tuition and renters insurance, focusing on educating and protecting students from college life risks [7][8] - Flywire is a global payments enablement and software company, supporting over 4,000 clients with diverse payment methods across more than 240 countries [13]
GradGuard Announces Partnership with Flywire to Offer Enhanced Tuition Protection to Higher Education Institutions