To Parents, Guardians and Students:
|With the current level of education costs, we have a concern for the student who suffers a serious illness or accident and has to leave Ohio Wesleyan 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 (T.R.P.), which will minimize the financial portion of the loss. This elective insurance plan provides coverage for Tuition, Student Activity Fee, Room and Board charges. Accordingly, the average costs insured for the 2015-2016 academic year are $54,770 for a campus resident and $43,230 for students living off campus.
The Plan complements Ohio Wesleyan's published refund policy. You are eligible for a 100% refund throughout the term, even after Ohio Wesleyan's policy has expired, in the event of withdrawal due to a medical/physical illness or accident. 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, Room and Board for a medical/physical withdrawal.
|If the Withdrawal Occurs at the end of:||Ohio Wesleyan Refunds Approximately||The T.R.P. Refunds||Student Receives|
|Balance of Semester||0%||100%||100%|
|Note: For medical/mental health withdrawals, the T.R.P. pays 60% of costs insured.
We are providing the Tuition Refund Plan as an option for students, parents and guardians. Those who wish to participate online must submit their application before the opening date of classes. Online applications will not be accepted on or after August 24, 2015.
Very truly yours,
Vice President for Finance, Administration and Treasurer
For more information, please click coverage.
For cost and enrollment form click application.