Georgetown
College
Academic
Year 2008-2009
Georgetown
College, together with A.W.G. Dewar
Inc., is pleased to announce a new program designed to help students
recover tuition expenses in the event of medical and psychological
hardship. With the costs of higher
education on the rise, students who are forced to withdraw from classes before
completing the semester not only experience loss of academic credit for their
courses but also significant financial loss of tuition dollars. The new Tuition Refund Plan will help combat
these risks for future semesters at Georgetown College.
The
Tuition Refund Plan is an optional tuition insurance policy that is extended to
all students and their families through A.W.G. Dewar Inc. It serves to extend and enhance the refund
policy currently in place at the College.
Students living off campus will be able to buy insurance for tuition
only; students living on campus can buy insurance that covers tuition and room
and board. Without the TRP, students are responsible for the entire rate of
tuition and fees after the 6th week of class; however, if a student
elects to employ the TRP, any lost tuition, room, and board dollars resulting
from a qualifying medical withdrawal can be recovered. (Qualifying psychological withdrawals are
recovered at 60%.)
The following table illustrates the cost recovery procedure:
|
Withdrawal Date During |
College Refunds |
TRP Refunds (Medical) |
TRP Refunds (Psychological) |
|
1st Week |
100% |
0% |
0% |
|
2nd Week |
80% |
20% |
12% |
|
3rd/4th
Week |
60% |
40% |
24% |
|
5th/6th
Week |
40% |
60% |
36% |
|
After 6th
Week |
0% |
100% |
60% |
Note: Please refer to College Catalog for full
refund policy details.
We
are pleased to offer the optional Tuition Refund Plan to you starting in Fall 2008. If you
wish to participate, you must complete and return the enclosed application to A.W.G. Dewar
Inc. by August 22, 2008. If you have
additional questions regarding the insurance coverage, A.W.G. Dewar Inc. may be
contacted at (617) 774-1555. If you have
questions about billing, please call the College’s Student Accounts Office at (502)
863-8020, (502) 863-8021, (502) 863-7022 or (502) 863-8018.