The Tuition Refund Plan...
Was originated in 1930 to protect the financial investment of students and parents in education. Today, over 1200 leading independent schools and colleges throughout North America offer the Plan.  Because the cost of education today is a substantial investment, one which is likely to be your second largest next to a home purchase, the protection afforded by the Tuition Refund Plan is essential.

While most colleges provide partial refunds for withdrawals, they are limited and usually effective only when you withdraw early in the term. Subject to the program terms and conditions, this Plan offers the unique benefit of a 100% refund of term tuition and fees when you are forced to withdraw for medical reasons.  The Tuition Refund Plan dramatically enhances the college refund schedule and provides more generous refunds throughout the entire term.

What is covered? 

• Injury and Sickness Withdrawals
  100% of the insured term tuition and fees, less any refund or credit due you from the college, will be refunded provided your physical condition is certified by a licensed physician and forces you to completely withdraw from all classes for the balance of the term.
  
  

• Mental Health Withdrawals
  60% of the insured term tuition and fees, less any refund or credit due you from the college, will be refunded provided your medical condition is certified by a licensed physician and you have completely withdrawn from all classes for any condition whose diagnosis is found in the DSM-IV Manual.

In both cases above, a “complete withdrawal” from the college is required.  This means you have given written notice that because of your injury or sickness withdrawals you will not be able to complete the term and you will not receive any academic credit.  A written statement from your doctor certifying the injury or sickness and college verification will be required. All Mental Health withdrawals will be classified in accordance with the American Psychiatric Association's Diagnostic and Statistical Manual  DSM-IV.  

Are Student Loans covered by this Plan?
Yes, the Plan provides an important benefit that covers not only payments made directly by the family, but also loans for the semester with the University, banks and government agencies, up to the coverage amount. 

How much does it cost?
All students will be automatically enrolled at the time of initial billing for the number of credits they are enrolled in as of the last day to add classes. Students who waived the coverage and would like to reapply can contact the Student Accounts Office at 215-951-5988 to request that their waiver be removed before the first day of classes for the semester they wish to insure. The rate for the 2013-2014 academic year is 0.4% plus a .025% administrative fee. Please refer to the applicable Annual Expense Brochure at philau.edu/studentaccounts for pricing information.

What are the conditions of coverage?
Your protection covers a full term from opening to closing date. Your application must be received before the opening date.  This coverage refunds on a term basis only. Your premium covers a full year, but if for any reason you do not return for subsequent terms, please notify us and any unused premium will be refunded to you. If you start classes after opening date, you can still enroll in the Plan if your application is received before your first class day. No applications can be accepted if received after you start classes. Coverage ceases on the last day of formal academic instruction by the University due to any reason. Room, meals or other charges that are not paid to the University cannot be insured.