Rhode Island School of Design

 

     

 

 
Dear Students and Families:
Given the current cost of education, we are concerned for the students who suffer a serious illness or accident requiring them to leave Rhode Island School of Design 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, which will minimize the financial portion of the loss. This elective insurance plan provides coverage for Tuition, Fees, Room and Board charges. Accordingly, the costs insured for the 2014-2015 academic year are $57,234.

This Plan significantly extends and enhances the College's published refund policy. You are assured of an 85% refund throughout the term even after the College'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 new Tuition Refund Plan complements our own refund schedule for tuition charges.

If the Withdrawal
Occurs During
The College
Refunds
The T.R.P.
Refunds
Student
Receives
First Two Weeks80%5%85%
Third Week60%25%85%
Fourth Week40%45%85%
Fifth Week20%65%85%
Balance of Semester0%85%85%

Note: Refer to www.risd.edu/Policies/Refunds/ for Room and Board refunds.

We are offering the Tuition Refund Plan as an option for students and their families. It is an inexpensive form of protection, and we urge you to carefully read the coverage section to consider the advantages. If you are interested in purchasing the Tuition Refund Plan online, the application must be submitted prior to the first day of classes. Online applications cannot be accepted on or after the first day of classes.

Given our experience with students who must take an extended leave from Rhode Island School of Design due to accident or illness, we strongly encourage you to consider purchasing the Tuition Refund Plan.

Sincerely,


Office of Student Accounts

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

Privacy Policy