Keep tuition revenue where it belongs — in your budget.
Unplanned tuition refund requests are one of the most unpredictable line items a school business office faces. Vertical Insure eliminates that exposure — protecting your revenue, reducing administrative overhead, and giving families 100% coverage when they need it most.
The budget risk you may not be managing
Budget protection
Tuition refunds are a financial risk.
Most schools aren't managing them well.
Legacy TRP providers have been around for decades — but the way they work creates more exposure for your budget, not less.
Protect tuition revenue
When a family withdraws, the insurance pays them — not your school. Your tuition revenue stays intact regardless of the reason for withdrawal.
Predictable budget planning
Eliminate tuition refund requests as an unpredictable budget line item. Stable, annual premium rates mean no surprises when you're planning for the year ahead.
Reduce administrative overhead
No annual contract negotiations, no premium remittance, no claims coordination. Your business office gets back the weeks it currently spends managing the legacy TRP process.
Protect family relationships
Families covered at 100% have no financial grievance to bring to your door. Fewer refund disputes means stronger re-enrollment rates and better retention.
Side-by-side comparison
Stop renegotiating your TRP every year.
There's a better option.
Your business office shouldn't be spending weeks on an insurance contract that delivers less coverage at more cost to your families. Here's how we compare.
| Vertical Insure | Legacy TRP Provider | |
|---|---|---|
| Payout | Up to 100% for all covered reasons. | Typically 60–75%, varies by school and reason. |
| Contracts | One-time setup. No annual renegotiation. Rates are stable year to year. | Annual contract negotiation. Coverage, payouts, and pricing can all change each year. |
| Premium Collection | School collects premiums. Vertical Insure invoices via bordereaux — no per-family remittance complexity. | School collects premiums through tuition billing and manually remits to the carrier each cycle. |
| Admin Burden | Minimal. Roster sharing only — no contract cycle, premium reconciliation, or per-family paperwork. | Est. 3–4 weeks of staff time annually managing contracts, remittance, and roster reporting. |
| Claims | Filed directly via ViCoverage. School involvement is optional — not a requirement. | School is required to verify enrollment, gather documentation, and coordinate with the carrier on each claim. |
| Family Experience | Coverage can be required or offered at enrollment. All questions and claims handled through ViCoverage. | School sits in the middle — confusion and disputes often land on your staff rather than the carrier. |
| Eligibility | No enrollment minimums. All schools welcome. | May decline schools based on enrollment size or prior loss history. |
| Covered Withdrawals |
✓ Medical · 100% ✓ Mental health · 100% ✓ Death of student · 100% ✓ Death of tuition payer · 100% ✓ Involuntary job loss · 100% ✓ Academic dismissal · 100% |
✓ Medical · ~75%, varies ✓ Mental health · ~75%, varies ✓ Death of student · standard coverage ✓ Death of tuition payer · add-on, extra cost ✓ Involuntary job loss · add-on, extra cost ✓ Academic dismissal · ~75%, varies |
Blog
Why Schools Are Moving Away from Legacy Tuition Refund Plan Providers
A deeper look at the hidden budget risk of legacy TRP — and how modern coverage changes the financial picture for schools and families.
Already on a platform?
The lowest-lift budget protection
your school can add.
If your school already uses one of our partner platforms, Tuition Refund Protection is already built in — no contract negotiation, no implementation, no extra overhead.
Using Blackbaud?
Tuition Refund Protection is available in the Blackbaud Marketplace. Enable it directly within your existing environment — no separate contract, no billing complexity, no additional vendor relationship to manage.
View on Blackbaud Marketplace →Using Sycamore?
Tuition Refund Protection is embedded directly within Sycamore Leaf. Your business office can protect tuition revenue and offer families 100% coverage in just a few clicks — no annual renegotiation required.
Enable through Sycamore →Using a different platform — or no platform at all? Your school can still protect tuition revenue with the same broad, hands-free coverage. Vertical Insure works directly with schools, no integration required.
Get started
Ready to take tuition refund risk
off your budget?
Whether you're evaluating TRP for the first time or due to renew with a legacy provider, we'd love to show you what a better option looks like for your school.
Schedule a meeting with our team
We'll walk you through coverage details, pricing, and what getting started looks like — no commitment required. Most schools are up and running well before their next enrollment season.
Schedule a meeting →TRP Product Overview & FAQ
Download our full FAQ sheet — coverage details, eligibility, and how it works