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Metropolitan New York City
Reply to "What are the chances for being accepted after waitlist?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Would be extremely rare as any withdrawing parents would be leaving their tuition deposit plus addition other payments behind.[/quote] On most of the contracts we've seen, if you don't withdraw by May 1st, you're on the hook for the entire year's tuition, not just the deposit.[/quote] Yes -- hopefully in these rare instances post May 1 the parents have tuition refund insurance, which covers 60-75% of the remaining obligations. [/quote] Tuition refund insurance does not cover everything! Make sure you read the fine print.[/quote] To share with other prospective parents what tuition refund insurance covers: - Withdrawal or absence for medical reasons (complete, involuntary severance from classes as certified to and regularly treated during the period of coverage by a legally qualified medical practitioner, not related to the student) - Withdrawal for other than medical reasons (Examples include: moves, change of objective, financial hardship and voluntary reasons) - Dismissal from the school Exclusions include: Medical withdrawal or absence due to: 1. war or any act of war 2. taking part in a riot 3. pregnancy and/or childbirth 4. nuclear reaction, radiation or radioactive contamination 5. failure to attend classes for any reason other than injury or sickness 6. injury which occurred before the effective date of coverage. Withdrawal for other than medical reasons or dismissal due to: 1. being inducted into the armed forces or being assigned alternative duty in lieu of active military service 2. any hostile or warlike action 3. rebellion, riot or civil commotion 4. any order of a de jure or de facto governmental or sovereign power directed to the student 5. nuclear reaction, radiation or radioactive contamination 6. destruction of any school facility due to any cause 7. school bankruptcy, insolvency or other financial instability that results in school’s inability to operate and provide formal academic instruction 8. school closure for any reason (for preschool students, closure includes the school’s provision of any virtual, remote, online, or similar education or service in lieu of education services provided on the physical campus, beginning with date of announcement and regardless of resumption or intention to resume on the physical campus) 9. temporary non-medical absences, suspensions, changes from resident to day status or schedule reductions 10. boycotting of classes by the student 11. completion of academic requirements or early graduation 12. any withdrawal prior to or within the first fourteen consecutive calendar days or any dismissal prior to the first calendar day beginning with the student’s first class day of attendance in the academic year.[/quote]
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