The Tuition Refund Plan . . .
was originated in 1930 to protect the financial investment of students
and parents in education. Today, over 1100 leading independent schools
and colleges throughout North America offer the Plan. Because the
cost of education today is a substantial investment, the protection
afforded by the Tuition Refund Plan is essential.
While most colleges provide partial refunds for withdrawals,
they are limited and most effective when you withdraw early in the
term. This Plan offers the unique benefit of a 100% refund of term
tuition and fees when you are forced to withdraw for medical/physical
reasons. The Tuition Refund Plan dramatically enhances the college
refund schedule and provides more generous refunds throughout the
entire term.
What is covered?
§ Illness and Accident Withdrawals
100% of the insured term tuition and fees, 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 term.
§ Mental/Nervous/Emotional Withdrawals
60% of the insured term tuition and fees, less any refund or credit
due you from the college, will be refunded provided you are confined
in a hospital for seven consecutive days during the term and have
completely withdrawn from all classes for a mental, nervous or emotional
disorder.
In both cases above, a "complete withdrawal"
from the college is required. This means you have given written notice
that because of your illness or accident you will not be able to complete
the term and you will not receive any academic credit. A written statement
from your doctor certifying the illness or accident and college verification
will be required. All Mental/Nervous/Emotional withdrawals will be
classified in accordance with the American Psychiatric Association's
Diagnostic and Statistical Manual.
Is Financial Aid covered by this Plan?
Yes. The Plan provides an important benefit that covers not only payments
made directly by the student, but also loans used to pay for your
education.
How much does it cost?
Complete details are shown on the Application (PDF),
which is sent to all students during the summer.
What are the conditions of coverage?
Your protection covers a full term from opening to closing date. Your
application must be received before the opening date. This coverage
refunds on a term basis only. If your premium covers a full year and
for any reason you do not return for subsequent terms, please notify
us and any unused premium will be refunded to you. If you are a late
entrant, you can still enroll in the Plan if your application is received
before your first class day. No applications can be accepted if received
after you start classes.
What is excluded?
Note that the Plan does not cover the following: · war or any
act of war, declared or undeclared · terrorism · the use of any
drug, narcotic or agent which is similarly classed or has similar
effects, unless it is prescribed by a Doctor · taking part
in a riot · failure to attend classes for any reason other
than injury or sickness · withdrawal, if the student receives
full or partial credit for an incomplete term, or due to completion
of academic requirements, or early graduation · suicide or
intentionally self-inflicted injury or sickness · nuclear reaction,
nuclear radiation or radioactive contamination.
How are claims filed?
Claim forms with full instructions are available at the College. 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 student's account. Benefits not required to settle your account
with the college will be refunded to you through the college.
Questions?
Please contact A. W. G. Dewar, Inc., Quincy, Massachusetts, now in
its eighth decade of service to the educational community.
Phone: (617) 774-1555
Fax: (617) 774-1715
Email: trp@dewarinsurance.com
The Tuition Refund Plan is underwritten by one of the
member companies of OneBeacon Insurance Group, Boston, Massachusetts,
for A. W. G. Dewar, Inc., dba Dewar Insurance Services, Four Batterymarch
Park, Quincy, Massachusetts 02169-7468. The name of each student is
listed on a contract, which is held by the college, not as agent for
the insurance company but on behalf of insured students and their
parents. This is intended as a convenient summary of the plan. The
insurance contract, which is available for your inspection at the
college, governs all questions or coverage. The Tuition Refund Plan
is the Service Mark of A. W. G. Dewar, Inc.
