Refund Policy
Fee Regulations
- Students (National / International) must adhere to the college fee structure at the time of MBA admission.
- Fee structure once written and accepted at the time of admission will be final.
- Student is liable to pay his/her fees within the specified Date in order to avoid late fine.
- Student, he/she, will be liable to pay the fees at the beginning of every semester.
- Students admitted after the date of commencement in any given academic year, must pay the fees of the foregoing months at the time of enrolment.
Refund Policy
- If a student chooses to withdraw from the program of study in which he/she is enrolled, the institution shall follow the following four-tier System for the refund of fees remitted by the student as per the UGC Notification dated October 2018
Percentage of tuition fee to be refunded | Duration | |
1 | 100% | 15 days or more before the formally-notified last date of admission |
90% | Less than 15 days before the formally-notified last date of admission | |
2 | 80% | 15 days or less after the formally-notified last date of admission |
3 | 50% | 30 days or less but more than 15 after formally-notified last date of admission |
4 | 0% | More than 30 days after formally notified last date of admission |
Note: Policy may be revised as per the new guidelines from UGC without any prior notice.
- The student will be entitled to a refund only for above stated % of tuition Mba fees and not for the caution deposit or any other Mba fees.
In case of (1) in the table above, the institution shall deduct an amount 10% of the aggregate fees as processing charges from the refundable amount.