Vanderbilt University

 

     

 

 
July 2014

To Vanderbilt Students and Parents:
With the level of education costs increasing, we have had a concern for the student who suffers a serious illness or accident and has to leave Vanderbilt for medical reasons 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.) offered by A.W.G. Dewar, Inc., which will minimize the financial portion of the loss. This elective insurance plan provides coverage for tuition and housing charges. The tuition for academic year 2014/2015 will be $42,768 and the estimated housing charges will be $9,392.

This Plan significantly extends and enhances the University’s published refund policy. Even after the University’s policy has expired, you are assured of up to a 100% refund throughout the semester (60% through T.R.P. if withdrawal is due to a mental health condition). This is especially beneficial when you are forced to withdraw and then return for a later semester, as you will not have to pay to repeat lost credit hours. The chart below illustrates how the Tuition Refund Plan complements our refund schedule for tuition charges.

 
If the Withdrawal Occurs During:University RefundsT.R.P. RefundsStudent Receives
Week One100%0%100%
Week Two90%10%100%
Week Three85%15%100%
Week Four80%20%100%
Week Five75%25%100%
Week Six65%35%100%
Week Seven60%40%100%
Week Eight50%50%100%
Week Nine45%55%100%
Week Ten40%60%100%
After Week Ten0%100%100%

We are pleased to offer the Tuition Refund Plan as an option for students and parents. It is an inexpensive form of protection, and we urge you to carefully read the coverage section concerning the Plan. Should you decide to participate online, it is vital that you submit your application before August 20, 2014. Online applications cannot be accepted on or after this date. If you have questions about the Tuition Refund Plan, please contact Andrew Martinson with A.W.G. Dewar, Inc. at (617) 774-1555.

Sincerely,

Chris M. Cook
Bursar
Office of Student Accounts

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

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