Will The School Give Me A Refund If My Child Withdraws Early?
You have just paid $45,000 for a year's tuition and fees at St. Sedgewick's.
- You are all set, right? Not exactly.
- What happens if your child suddenly becomes sick before the end of the school year?
- What if circumstances beyond your control force you to withdraw her from school in March?
- What if he is expelled? In brief, you are obligated to pay the entire year's tuition and fees regardless of whether your child completes the year or not.
What Are My Options?
The only remedy you have is to sign up for the school's refund plan.
- It typically acts like insurance in the event that your child withdraws before the end of the year.
- The insurance plan will pay for the unused/remaining portion of your child's time at the school.
- You contracted to pay for an entire year when you signed the contract with the school at the time she was accepted.
You do not want to be out of pocket. Neither does the school.
- This is why tuition refund insurance is an important part of your planning for a private school education.
- Tuition refund policies are in place at every private school, regardless of whether it is day or boarding, large or small, elementary/nursery school, or high school.
St. Mary's School in Raleigh, North Carolina, has a policy that is the sort of
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