GradGuard Launches $15,000 Scholarship Program to Promote Financial Awareness

GradGuard, the leader of college renters and tuition insurance, has announced the launch of its inaugural scholarship program, according to a recent press release. This initiative will award $3,000 scholarships to five exceptional college-bound students who demonstrate the importance of protecting themselves from the risks of college life.

“Higher education is often the second largest investment a family will make in their lifetime, after purchasing a home,” said John Fees, co-founder of GradGuard. “This scholarship program is an innovative way to help students think critically about the real risks of college life that often disrupt students’ education and gain insight into relevant protections.

GradGuard will award five $3,000 scholarships to high school seniors or college students who are enrolled in an accredited U.S. college or university for the Fall 2025 semester. Students can apply by creating a 90-second video that shares insights on the risks and remedies available to the nearly 18 million college students enrolled in schools nationwide.

Some of the risks include:

• More than 1 in 3 currently enrolled students have considered stopping out of their degree or credential program within the last six months, according to a 2024 Gallup/Lumina Foundation Study.
• There have been an average of over 25,000 crime and safety incidents reported annually on college campuses since 2009, according to Clery Act Reports.
• There have been an average of 2,000 fires in on-campus student housing facilities, according to Clery Act Reports.

Videos should be submitted via the scholarship submission page by May 31, 2025. Videos will be published to promote awareness around National Insurance Awareness Day on June 28.

“While GradGuard’s pioneering tuition and renters insurance programs are relevant protections for college life, these scholarships aim to showcase the authentic stories from actual college students,” said Fees. “We’re excited to offer scholarships to help future students reach their academic goals.”

For more information or to apply, visit GradGuard’s scholarship submission page.