If a student chooses to withdraw from the programme of study in which he/she is enrolled, the institution concerned shall follow the following five-tier system for the refund of fees remitted by the student.
Percentage of Refund of fees
Point of time when notice of withdrawal of admission is received in the HEI
15 days or more before the formally-notified last date of admission.
Less than 15 days before the formally- notified last date of admission
15 days or less after the formally- notified last date of admission
30 days or less, but more than 15 days, after formally- notified last date of admission
More than 30 days after formally- notified last date of admission
In case of(1) in the table above, the HEI concerned shall deduct an amount not more than 5% of the fees paid by the student, subject to a maximum of Rs. 5000/- as processing charges from the refundable amount.
Fees shall be refunded by all HEIs to an eligible student within fifteen days from the date of receiving a written application from him/her in this regard.