TUITION PROTECTION PLAN. In view of the obligation to pay the total annual tuition whether or not Student completes the School Year, Parent understands and agrees that participation in the Tuition Protection Plan is required unless the full year's tuition and fees are paid in advance, in which case the Plan is elective. A Parent who prepays tuition and for which no payment is received towards the Plan prior to the first day of school has declined coverage through the Plan. The Tuition Protection Plan provides substantial assistance in meeting Parent’s financial obligation to the school. For voluntary withdrawal, the Plan will pay 60% of the unused portion of the school year. For school-determined dismissal, excluding disciplinary expulsion, the Plan pays 75% of the unused portion. In the event of complete medical disability or death of the student, the Plan pays 100% of the unused portion of the school year. Dismissal due to disciplinary expulsion disqualifies any refund through the Tuition Protection Plan. Parent authorizes the School to collect any payment to which Parent may be entitled under the Tuition Protection Plan and credit it to Parent's account, paying any excess to Parent. Parent agrees to pay the School whatever balance remains unpaid after a payment by the Plan is credited to Xxxxxx's account within thirty (30) days after receipt of a final, itemized bill. Transcripts and other school records will be released immediately upon clearing the final balance.
Appears in 6 contracts
Samples: Student Enrollment Agreement, Student Enrollment Agreement, Student Enrollment Agreement
