The Studious Solutions sign up process has changed! Studious is back to offer plans for your children’s student loans. If you were interested in our policies before we updated our process, you probably remember that you could choose a child’s age and be directed to a store page with all your options presented to you, and it may have been overwhelming. Now our process will be slower, but more personalized.
When you click the link on our home page or at the bottom of this post, you will be taken to a short form where you can fill in your name, email, your child’s name, your child’s age/grade level, and the state you live in. Once you submit the form, it will generate an email automatically to your state’s agent (this will almost certainly be me for the next year or two). Your agent will then reach out to you by email with an explanation of the different plans we offer for your child’s age/grade level with two in particular highlighted or recommended. We present four levels of coverage for 6 year plans and the same four levels of coverage for 1 year plans. Our agents will recommend one of the 6 year plans and one of the 1 year plans.
These two that we recommend are the plans that we expect to be most useful to you and your child when it comes time for our policies to pay out, and we make sure to recommend a suitable 1 year plan because these are our much cheaper options for parents who may be worried about being able to send their child to school.
Your agent will then ask if you have anything you would like to ask him or her, and which coverage you want to purchase if you would like to continue. We then set up a secure payment page for you and your agent will email a link to this page along with a policy for you to keep for your records.
You will be charged once when you sign up for the policy and then once at the start of each month until September 1st of the year your child is expected to start college. Your policy will specify an exact number of payments as well.
From there, you are covered! If something happens and your child is unable to finish their degree, you can return here and submit the claim for reimbursement.