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June, 2013
Students and Families:
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Given the significant costs involved in financing a Georgetown education, we are concerned about the student who suffers a serious illness or accident and has to leave the University before the semester is completed. In many instances, this means not only the loss of time invested in studies but also the loss of the semester's costs.
We are pleased to inform you of an insurance program, the College Tuition Refund Plan (CTRP), which will minimize the financial portion of the loss. This elective insurance plan provides coverage for tuition, fees, room and board charges. The costs insured for the 2013/2014 academic year average $58,606.
This Plan significantly extends and enhances the University's published refund policy. You are assured of a 100% refund throughout the term (75 percent is insured through CTRP if the withdrawal is due to a mental health condition), even after the University's policy has expired. This is especially beneficial when you are forced to withdraw and then return for a later term. In effect, you will not have to pay to repeat lost credit hours. The chart below illustrates how the College Tuition Refund Plan complements Georgetown's refund schedule for tuition charges.
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| | | If the Withdrawal Occurs During | University Refunds | The CTRP Refunds | Student Receives | | First or Second Week | 100% | 0% | 100% | | Third or Fourth Week | 80% | 20% | 100% | | Fifth or Sixth Week | 70% | 30% | 100% | | Seventh or Eighth Week | 50% | 50% | 100% | | Ninth Week | 40% | 60% | 100% | | Balance of Semester | 0% | 100% | 100% |
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Note: Please refer to the Undergraduate Bulletin at http://finaid.georgetown.edu for the University's refund policy on Room and Board charges.
We are pleased to offer the College Tuition Refund Plan as an option for students and parents. We suggest that you read carefully the coverage section concerning the Plan. Those who wish to participate online must submit the application and payment before the opening date of school. Applications cannot be accepted on or after this date. If you have further questions, please call A.W.G. Dewar, Inc. at (617) 774-1555.
Sincerely,
Patricia McWade Dean of Student Financial Services |
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For more information, please click coverage.
For cost and enrollment form click application.
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