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The Tuition Prepayment Plan (TPP) is offered to Dartmouth students and
families as a means to prepay total undergraduate tuition. By prepaying
undergraduate tuition, families will be exempt from future increases for the
duration of their plan.
Description
Dartmouth College will accept prepayments of total undergraduate tuition at
the rate in effect when the student enters the Plan. The total of prepaid
tuition is equivalent to the tuition rate in effect for the first term, times
the number of terms prepaid. Tuition for the 2008-09 academic year is
$12,230.00 per term, accordingly, for an entering First-Year student the total
tuition for four academic years (12 terms) would be $146,760.00. Our
prepayment option does not apply to charges other than tuition. Room, board and
other charges are payable when billed and TPP participants are subject to
future cost increases on such charges.
Eligibility and Enrollment
Undergraduate students who are not receiving College supported financial aid
are eligible to participate in the plan. Once students are enrolled in a
prepaid tuition plan they are generally precluded from receiving Dartmouth
administered scholarship grants while the plan is in effect. Exceptions to this
will be handled on a case by case basis. Enrollment in the plan may be for two
academic years (six term minimum), three academic years or four academic years
(twelve terms maximum). While TPP was designed for parents of Dartmouth
students, prepayment may be made by other parties on behalf of a student or by
a student. Participants in TPP must execute a Tuition Prepayment Plan Agreement
covering the operative terms of the Plan. Prepaid terms must be used each term
the student is billed tuition by the College.
Payment Date
Payment of the total prepaid tuition must be made to the College by
August 29, 2008. Note, because of the minimum six-term
requirement for participation in the Plan, students enrolling for their
"sophomore summer" would need to establish a prepaid tuition plan prior to
Summer registration, when the Summer term represents the first of the final six
terms of enrollment. Because of the minimum six-term requirement for
participation in the Plan, students enrolling for their "Sophomore Summer"
(actually the first term of their Junior Year) would need to establish a
prepaid tuition plan prior to the beginning of Summer term classes.
Accordingly, when the Summer term represents the first of the final six terms
of enrollment, payment must be made by May 30, 2008.
Off-Campus Study
Students enrolled in Language Study Abroad (LSA) or Foreign Study (FS)
programs are charged regular tuition by the College for the off-campus term.
Such tuition will be offset by the prepaid tuition under the TPP plan, with a
corresponding reduction of the number of qualifying terms as if the term of
study was in residence.
Refunds
In the event a student covered by TPP withdraws, or otherwise leaves the
College, the participant may withdraw from the plan. When withdrawal occurs
between academic terms, a refund of unused prepaid tuition will be made on a
prorated basis. If a student withdraws during a term, the refund for that term
will be calculated in accordance with the College's regular refund policy. All
refunds are subject to the College's right of offset for charges due Dartmouth
College other than in connection with tuition.
A participant may elect to stay in the plan if the student leaves the College
or is withdrawn provided the period of absence does not exceed one year. In
such an instance, the prepaid tuition would remain with the College.
Should a student take a term of approved study at another institution for which
Dartmouth accepts credit towards the degree, the participant may elect to
receive a pro rata refund for that term at the Agreement rate. If refund is
made, the transfer term will be counted against the number of qualifying terms
under the TPP Agreement.
If the number of prepaid terms are not fully utilized as a result of early
graduation or transfer credits, a refund will be determined as above on a
prorated basis at the time of the student's graduation.
Advantages of TPP
The Tuition Prepayment Plan offers parents the opportunity to stabilize
tuition costs avoiding future tuition increases. Savings in tuition increases
may exceed the loss of investment income. The plan provides families with a
convenient means to hold current tuition levels for two, three or four years by
making a single lump sum prepayment. TPP relieves families of worry about
future increases in tuition costs.
Application Procedures
Parents, students, or others who are interested in the Dartmouth Tuition
Prepayment Plan should send a letter or card, requesting a TPP Agreement, to:
Dartmouth College, Student Financial Services, 6132 McNutt Hall - Room
103, Hanover, NH 03755-3541. Requests may also be made by calling (603)
646-2436 or by e-mailing the Student Financial Services.
Please include your student's name in the request.
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