In accordance with your signed Enrollment Reservation Agreement, the helps protect the investment you are making in your child's education. Your enrollment contract with the school financially obligates you to pay the total amount of tuition and fees for your child to attend, regardless of withdrawal for any reason. Enrolling in the TIP is highly encouraged due to the significant financial investment your family is making. Participation in the TIP is required unless the tuition is paid in full prior to July 1 of each year. It is billed automatically on your annual statement until the coverage is declined in writing.