<p>My daughter is a Trustee Scholar at USC--full tuition scholarship. Is there any reason why I should pay for the optional tuition insurance that is automatically billed every semester? The charge is about $84/semester and can be waived upon request. When I talked to accounts receivable, I got the impression that the question had never been asked before and no one seemed to have an opinion. I even called the insurance underwriters, who simply referred me back to USC. </p>
<p>Any opinions?</p>
<p>Read the fine print on the scholarship. Are there circumstances where she would be penalized and have to pay back the scholarship for failure to pass/complete her classes? For example, if she were to get sick and have to drop her classes halfway through the semester, would she have to repay the scholarship money for that semester? </p>
<p>I’m rusty on this–but I think if your Trustee scholar D has to take a medical leave in the middle of a semester, this insurance pays back the tuition/scholarship–so she can retain her semester of scholarship for future use. I believe without the insurance, she’d be forced to forfeit that semester (of tuition scholarship) which would effectively mean she only got 7 semesters full-tuition. Perhaps others can chime in. We took the insurance for our T son and I think that’s the reason.</p>
<p>I also understood the same as madbean said, if the student was unable to complete the semester or year due to an illness, etc. then that would save the tuition for them to make that up. I took the chance and waived the insurance both semesters last year, but I guess it is taking a chance. Please post if you find out anything different, as I will decide again for this year. </p>
<p>^ Yeah, that’s what they told my parents at orientation. I was gonna waive the insurance at first, but my parents made me keep it after that. It’s really a small price to pay considering the benefit. Better to be safe than sorry.</p>