University of  Southern California

 

                                                              

 

                               

 

 

 

 

    The Tuition Refund Plan...
What is covered?
Is Financial aid covered by this Plan?
How much does it cost?
What are the conditions of coverage?
What is excluded?
How are claims filed?


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.

  • Psychological/Emotional Withdrawals
    60% of the insured term tuition and fees, less any refund or credit due you from the college, will be refunded provided you are confined in a hospital for two consecutive days during the term and have completely withdrawn from all classes for a condition whose diagnosis is found in the DSM-IV Manual.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 Psychological/Emotional withdrawals will be classified in accordance with the American Psychiatric Association's Diagnostic and Statistical Manual  DSM-IV.  

Is Financial aid covered by this Plan?
Yes. The Plan provides an important benefit that covers not only payments made directly by the student, but also loans, grants or scholarships received. USC grants and scholarships are credited back to the university. 

How much does it cost?
Application for coverage is available at time of class registration.

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.  If you are a late entrant, 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.

What is excluded?
Note that the Plan does not cover the following:  · war or any act of war, declared or undeclared · the use of any drug, narcotic or agent which is similarly classed or has similar effects, unless it is prescribed by a Doctor · taking part in a riot · failure to attend classes for any reason other than injury or sickness · withdrawal, if the student receives full or partial credit for an incomplete term, or due to completion of academic requirements, or early graduation · suicide or intentionally self-inflicted injury or sickness · nuclear reaction, nuclear radiation or radioactive contamination. 

How are claims filed?
Claim forms with full instructions are available at the Office of Academic Records and Registration. Claims should be reported within 30 days from occurrence or as soon as is reasonably possible. You should arrange for the completion of the claim form. Benefit payment is made to the college to be credited to the student’s account. USC grants or scholarships will be credited back to the University. Benefits not required to settle your account with the college will be refunded to you through the college.

The Tuition Refund Plan is underwritten by Atlantic Specialty Insurance Company, New York, NY for A.W.G. Dewar, Inc., dba A.W.G. Dewar Insurance Agency, Four Batterymarch Park, Quincy, MA 02169-7468. The name of each student is listed on a policy which is held by the college business office, not as agent for the insurance company, but on behalf of insured students and their parents. The information provided above is an outline of coverage for the ensuing academic year. Actual coverages are governed by the insurance policy on file in the college’s business office. Coverage may change each academic year. A.W.G. Dewar, Inc. is the originator of the trademarked Tuition Refund Plan.