Tuition Refund Plan...
Was originated in
1930 to protect the financial investment of students and parents in education. Today, over
1200 leading independent schools and colleges throughout North
America offer the Plan. Because
the cost of education today is a substantial investment, one which
is likely to be your second largest next to a home purchase, the
protection afforded by the Tuition Refund Plan is essential.
While most colleges provide partial refunds for withdrawals, they are limited and
usually effective only when you withdraw early in the semester. Subject to the program terms and conditions, this
Plan offers the unique benefit of an 85% refund of semester tuition,
room and board when you are forced to withdraw for medical reasons. The
Tuition Refund Plan dramatically enhances the college refund schedule
and provides more generous refunds throughout the entire semester.
- Injury and Sickness Withdrawals
85% of the insured semester tuition, room and board, less any
refund or credit due you from the College, will be refunded
provided your physical condition is certified by a licensed
physician and forces you to completely withdraw from all classes
for the balance of the semester.
Mental Health Withdrawals
85% of the insured semester tuition, room and board, less any refund or credit due you from the College,
will be refunded provided your medical condition is certified by a licensed physician and you have
completely withdrawn from all classes for any condition whose diagnosis is found in the DSM-V Manual.
In both cases
above, a "complete withdrawal" from the college is required.
This means you have given written notice that because of your
injury or sickness you will not be able to complete the semester and
you will not receive any academic credit.
A written statement from your doctor certifying the injury or
sickness and college verification will be required. All
Mental Health withdrawals will be classified in accordance
with the American Psychiatric Association's Diagnostic and
Statistical Manual DSM-V.
Are student loans covered by this Plan?
Yes, the Plan provides
an important benefit that covers not only payments made directly by
the family, but also loans for the semester with the College, banks and government agencies, up to the coverage amount.
much does it cost?
The cost is 0.48% of insured tuition (including room and board costs for resident students). All incoming freshmen and those who purchased the Plan last year were billed for coverage by the College at the time of initial tuition billing. The fee is charged once per academic year, in the Fall semester. Students can waive coverage by emailing email@example.com. Please be sure to include the following information in the email: student's full name, ID number, and status (resident or non-resident).
What are the
conditions of coverage?
Your protection covers a full semester from the opening to closing date. Coverage must be secured before the first day of class. This coverage refunds on a term or semester basis only. Requests to participate in coverage will not be accepted after you start classes. Coverage ceases on the last day of formal academic instruction by the College or University due to any reason.
Room, meals or other charges that are not paid to the College or University cannot be insured.
Note that the Plan does not cover the following:
war or any act of war, declared or undeclared, or certified acts of terrorism ∑ the
use of any drug, narcotic or agent which is similarly classed or has
similar effects (except when it is prescribed by a doctor) ∑
taking part in a riot ∑
failure to attend classes for any reason other than injury or
withdrawal when the student receives credit for an
incomplete term ∑
suicide or intentional self-inflicted injury or sickness ∑
nuclear reaction, nuclear radiation or radioactive contamination.
NOTE: Coverage does not refund insured tuition or any other charges because of a change to online instruction or alternative learning platform.
are claims filed?
Claim forms with full instructions are available at the College Business Office. Claims should be reported within 30 days from occurrence or as soon as is reasonably possible. You should arrange for the completion of the claim form. Benefit payment is made to the College to be credited to the studentís account. Benefits not required to settle the student account will be refunded to you by the College.
Please contact A.W.G. Dewar Inc., Quincy, Massachusetts, now in its ninth decade of service to the educational community.
Phone: (617) 774-1555
Fax: (617) 774-1715
|Tuition Refund Plan policies are underwritten by Atlantic Specialty Insurance Company and OBI National Insurance Company. Plan policies are produced by A.W.G. Dewar, Inc., dba A.W.G. Dewar Insurance Agency, Four Batterymarch Park, Quincy, MA 02169. The name of each student is listed on a policy which is held by the school business office, not as agent for the insurance company, but on behalf of insured students and their parents. This leaflet is an outline of coverage for the ensuing academic year. Actual coverages are governed by the insurance policy on file in the school's business office. Coverage may change each academic year. A.W.G. Dewar, Inc. is the originator of the trademarked Tuition Refund Plan.