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.