Tuition Refund Insurance Plan
This summary provides highlights of the plan. Details are available online or in brochures.
Why buy this insurance plan? The cost of education today is a substantial investment. Students and parents may face significant financial loss if students are unable to complete a term due to illness (physical or psychological). This plan may be especially useful if students have a health condition that could compromise their ability to complete a term.
- Significantly extends and enhances the University's published withdrawal policy.
- Provides funds that can help to pay back loans, grants, scholarships and out-of-pocket expenses.
- Is offered by A.W.G. Dewar, Inc., a private insurance carrier, and originated in 1930 to protect the financial investment of students and parents in education.
- Is available at over 1100 schools throughout North America.
Eligibility All registered students at the University of Michigan-Dearborn may purchase the plan.
Benefits and Documentation The plan refunds 85% of the insured term's tuition and mandatory fees (excluding required health insurance for international students), less any refund or credit due from the University, if students withdraw from the University due to physical or psychological reasons.
For injury or sickness withdrawals, a licensed physician must provide a written statement that a physical condition is the reason for withdrawal.
For psychological/emotional withdrawals, the student must be confined in a hospital for two consecutive days during the term. A licensed doctor must provide a written statement that a psychological/emotional condition is the reason for withdrawal. Diagnosis must be classified in accordance with the American Psychiatric Association's Diagnostic and Statistical Manual (DSMV-IV).
In both cases above, a "complete withdrawal" from the University is required. This means that the student will not be able to complete the term and will not receive any academic credit because of injury or sickness. This coverage does not apply if students drop classes and do not completely withdraw for the term. A written statement from a doctor certifying the injury or sickness and college verification will be required.
Exclusions (what this plan does not cover):
- 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 (except when it is prescribed by a doctor)
- Taking part in a riot
- Failure to attend classes for any reason other than injury or sickness
- Withdrawal when credit was received for an incomplete term
- Nuclear reaction, nuclear radiation or radioactive contamination
Coverage Periods The Tuition Refund Plan covers a full term from first to last day of classes, less any monies refunded by the University based on date of withdrawal.
If you purchase coverage for a full year but for any reason the student does not return for subsequent terms, notify the insurance company and any unused premium will be refunded.
Costs will be set in July of each year. Estimated costs range $80-$154 per term and depend on actual tuition and fees, graduate/undergraduate status, and resident/non-resident status.
How to apply Starting in July 2007, you can apply either online at A.W.G. Dewar, Inc. (select University of Michigan-Dearborn) or via paper applications that will be sent to each incoming student in July.
Applications must be postmarked by the following dates in order to begin coverage, and no application will be accepted after these dates:
Summer I & Summer Full
Payment must be submitted at the time of application.
Claims should be reported within 30 days from occurrence or as soon as it is reasonably possible.
Claim forms with full instructions are available online at A.W.G. Dewar, Inc., UM-Dearborn Office of Registration & Records and UHS Managed Care/Student Insurance Office.
The student's doctor should complete the medical form.
Benefit payment will be made to the University to be credited to the student's account. UM grants or scholarships will be credited back to the University. Benefits not required to settle the student's account with the University will be refunded to the student through the University.
For questions, please contact