The Tuition Refund Plan is a unique form of insurance originated by Dewar to provide families the opportunity to protect their tuition investment in independent schools and colleges. The program refunds a portion of the unused annual tuition and insured fees when students are withdrawn or dismissed for covered reasons. The Plan’s benefit extends to the school by helping to insure receipt of its budgeted tuition income. The Tuition Refund Plan has a proven track record of providing tuition security to schools and families since its inception in 1930. Currently more than 1,200 schools and colleges rely on its protection.