Stevenson University




June 2015

To Our Students and Families:
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 Stevenson University 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 for the 2015-2016 academic year average $43,488.

This Plan significantly extends and enhances the University's published refund policy. You are assured of a 75% refund throughout the term 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. The chart below illustrates how the Tuition Refund Plan complements our refund schedule for tuition charges. Refunds for students with Financial Aid will be handled in accordance with Title IV guidelines as detailed in the academic catalog.

If the Withdrawal OccursUniversity RefundsThe T.R.P. RefundsStudent Receives
1st day of semester through 9th calendar day100%0%100%
10th calendar day through 15th day75%0%75%
16th calendar day through 21st day50%25%75%
22nd calendar day through 28th day25%50%75%
After 28th calendar day through end of semester0%75%75%

Please refer to the Stevenson University Catalog for the University's refund policy on Room and Board charges.

We are providing the Tuition Refund Plan as an option for students and parents. It is vital that those who wish to participate online submit the application and premium before the University's opening date of classes. Applications cannot be accepted on or after the opening date.

If you have questions or need additional information, please call A.W.G. Dewar, Inc. at 617-774-1555.


Liesl M. Flanagan
Director, Student Accounts

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