Lipscomb University




June 2018

Dear Lipscomb Parents and Students:
With the current level of education costs, we have had a concern for the student who suffers a serious illness or accident and has to leave Lipscomb University before the semester is completed. In many instances it means not only the loss of time invested in studies, but also the loss of the semester's costs.

We are pleased to advise you of an insurance program, the Tuition Refund Plan (TRP), which will minimize the financial portion of the loss. This elective insurance plan provides coverage for Tuition, Room, Board and Fees. Accordingly, the costs insured for the 2018/19 academic year are $44,408 for the resident student and $32,144 for the day student.

This Plan significantly extends and enhances the University's published refund policy. You are assured of up to a 70% refund of your insured costs throughout the term, even after the University's own refund policy has expired. This is especially beneficial when you are forced to withdraw and then return for a later term. The chart below illustrates how the Tuition Refund Plan complements our refund schedule for tuition charges.

If the Withdrawal OccursThe University RefundsThe TRP RefundsStudent Receives
During first and second week of classes100%0%100%
During third and fourth week of classes50%20%70%
After fourth week of classes0%70%70%

Note: Please refer to the University Catalog regarding the University's policy governing room and board refunds.

We are providing the Tuition Refund Plan as an option for students and parents. It is an inexpensive form of protection, and we urge that you carefully read the coverage section and consider the advantages. It is vital that those who wish to participate online submit the application by the opening date of the University. Online applications cannot be accepted after opening day.

Our experience with withdrawals makes us enthusiastic supporters of this kind of protection. We encourage your participation.


Cathy J. Freeman

For more information, please click coverage.
For cost and enrollment form click application.

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