GradGuard, an authority in helping schools, students, and families reduce the risk of college life, is pleased to announce the update to its medical withdrawal calculator with the integration of the latest student health data released by the American College Health Association (ACHA) National College Health Assessment. This innovative tool equips school officials with the means to measure the potential impact of student health conditions on their student population and the financial impact on each of the critical stakeholders when a serious illness, health condition, or injury leads to students completing an unexpected medical withdrawal.
The ACHA’s National College Health Assessment is a comprehensive survey conducted twice yearly to gather data on students’ health behaviors, perceptions, and prevalence of various health conditions. The information collected in the assessment provides invaluable insights into the well-being of college students nationwide.
With approximately 20 million undergraduate students in the US, GradGuard utilized the findings from the Fall 2022 and Spring 2023 reports of undergraduate students to determine the potential estimated financial impact these medical conditions may have on students' academic progress. The ACHA collects data from students who report conditions as well as those who report it delayed their academic progress.
The calculator is based on an institution’s total enrollment and total cost to a student per year, including tuition, housing, and fees.
“Our student health impact calculator is designed to be a valuable resource for institutions seeking to proactively address the cost serious ordinary medical conditions have on students and schools, especially when they lead to forced medical withdrawals,” said John Fees, co-founder and CEO of GradGuard.
Key features of GradGuard’s Medical Withdrawal Calculator include:
- Data Integration: The calculator utilizes the latest ACHA NCHA data, ensuring school officials have access to the most up-to-date and relevant information on student health conditions.
- Customizable Parameters: School officials can customize parameters based on their institution’s specific demographics, enabling a tailored analysis of the potential impact of different health conditions on student progress toward a degree.
- Risk Assessment: The calculator provides a data-driven risk assessment, allowing school officials to identify potential areas of concern and implement a campus-wide approach to interventions to support student well-being.
“Given that 2021 National Student Clearinghouse data shows 113,000 students reported they withdrew from college for legitimate reasons, including medical conditions, this calculator is more evidence that schools are prudent to implement GradGuard’s Tuition Insurance program,” Fees continued. “The program can help schools and students overcome a potential financial loss caused by a student’s unexpected withdrawal by providing up to 100% reimbursement for the cost of tuition, housing, and fees.”
GradGuard’s commitment to student success extends beyond insurance solutions, with a focus on supporting the broader well-being of college students. For more information about GradGuard’s Student Health Impact Calculator, visit calculator.gradguard.com.
GradGuard is the #1 provider of college renters and tuition insurance. Since 2009, GradGuard has protected more than 1.5 million students at more than 1,800 unique institutions. GradGuard’s innovative protections are embedded within the enrollment processes of the largest and most prestigious universities in the United States, ensuring their students are protected from the risks of college life.