Merrimack College

 

     

 

 
To Our Students and Parents:
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 Merrimack College 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 advised you of an insurance program, the Tuition Refund Plan (T.R.P.), which will minimize the financial portion of the loss. The elective insurance plan provides coverage for Tuition, Room, Board and Fees. Accordingly, the costs insured for the 2013/2014 academic year are $47,235.

This Plan significantly extends and enhances the College's published refund policy. You are assured of a 75% refund throughout the term, even after the College's policy has expired. This is especially beneficial when you are forced to withdraw and then return for a later term. The coverage will help offset the cost to repeat lost education. The chart below illustrates how the T.R.P. complements our own refund schedule.

If the Withdrawal Occurs During:College
Refunds:
The T.R.P.
Refunds:
Student
Receives:
Prior to end of first week of classes100%0%100%
Prior to end of second week50%25%75%
Prior to end of third week25%50%75%
After the third week0%75%75%

NOTE: Refunds for students receiving financial aid will be handled in accordance with Title IV guidelines.

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 their application and payment before the starting date of classes. Online applications cannot be accepted on or after starting day.

Our experience with withdrawals makes us enthusiastic supporters of this kind of protection. We encourage you to participate.

Sincerely,

Bursar's Office

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

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