Cancellation and Refund of Fees
Mode of Refund of Fees
If a student, informs the institution before the commencement of the academic year, that he wants to withdraw and he cannot continue his education in the same institution for any reason, the institution concerned should refund to him in full the tuition fee, term fee, laboratory fee (if any) and library and laboratory deposits, if any, actually recovered. The admission fee may however, be retained by the institution.
Explanation
As far as the F.Y.J.C Classes are concerned, the academic year should be deemed to have commenced from the eighth working day (i.e. excluding Sundays & Public Holidays) from and including the day of declaration of the S.S.C. Exam. results if the said day of declaration of results is a working day immediately following the day, or declaration of the S.S.C Examination results if the said day of declaration of results is a Sunday or a Public Holiday.
b. If a student desires to withdraw, and applies for refund of fees after the commencement of the academic year (vide explanation under (a) above), the institution concerned should retain the admission fee, term fee and laboratory fee (if any) in full. The Library and Laboratory deposit should, however, be refunded. So far as the tuition fee is concerned, the institution should retain the tuition fee only for the month(s) beginning from the month in which the academic year has commenced and ending with the month in which the student had applied for withdrawal and refund of fees. The tuition fee for the remaining months of the term should be refunded. ( For example, if a student applied for refund of fees in the month of July after the academic year had commenced in that month itself, the institution should retain the proportionate amount of tuition fee for one month only, namely the month of July. On the other hand, if a student applies for refund of fees in the month of August, after the academic year had commenced in the month of July, the institution should retain the proportional amount of tuition fee for two months only, namely the months of July and August. If student applies for refund of fees in the month of August after the academic year had commenced in the month of June, the institution should retain the proportionate amount of tuition fee for three months only, namely the month of June, July and August.)
Kindly note that the fees is refunded in NEFT/RTGS for students of Junior College.