TUITION REFUND PLAN 2024-2025
The Lexington School’s Enrollment Contract is a financial commitment for the entire
academic year. It does not allow for adjustment or refund of tuition or fees for
absences, withdrawal, or dismissal. This policy is necessary to enable the school to
plan for annual staffing, instructional, operational, and other program expenses.
Tuition revenue must be predictable to prepare and maintain staffing, programs,
The Tuition Refund Plan (TRP)
Recognizing that from time to time, there are unforeseen circumstances that result
in a student’s leaving TLS, the school is continuing to offer The Tuition Refund Plan
as a means of partially insuring your tuition obligation in the event of an unexpected
withdrawal. The cost is 0.7% of the annual tuition charges for the 2023-2024 school
year. Families who do not pay the tuition in full by July 15, 2023, are required to
participate in The Tuition Refund Plan or present evidence of having secured
comparable insurance coverage elsewhere. Participation is elective for those who
pay the tuition in full by the due date. (Fees for The Tuition Refund Plan are passed
directly to TRP and are not a revenue source for the school.)
• The Tuition Refund Plan coverage becomes effective on August 1 in the event
of a student’s inability to attend school due to a medical reason, i.e., accident,
illness, or mental health condition.
• The non-medical coverage (voluntary withdrawals and dismissals) does not
become effective until the student has attended at least fourteen.
consecutive days of the academic year, beginning with the student’s first day
of attendance in the academic year.
• Benefits payable under the Plan are applied towards the parent’s annual
obligation as outlined in the Enrollment Contract. Should the benefit exceed the obligation, excess monies will be refunded to the original payor. Should a
deficiency exist after the benefit is applied, parents/guardians are responsible for paying the remainder.
• All insurance benefits paid and coverages available are governed by The
Tuition Refund Plan document and described in the attached link. Application
for benefits under the plan requires timely completion of claim forms.
Please click here to review plan documents for specifics of coverage.
The premium cost for the Plan will be included in the first tuition statement. (For
those unforeseen circumstances, families who pay-in-full are encouraged to
participate in The Tuition Refund Plan.)
Please be advised that no refund of tuition or fees can be made except as provided
under this plan. Students are enrolled for the entire school year, or such portion as
may remain after their entrance date. The fact that school fees are paid in two or
more installments does not constitute a fractional contract. Coverage under the
Tuition Refund Plan is contingent upon payment of the premium within ten days
after the academic year's first-class day.
Chief Financial Officer