Comments
Fee Refund Policy
With reference to the refund of Fee Policy, we would like to state that as per AICTE Process Hand Book 2023-24 –
“In case, if a student leaves after joining the Course and if the vacated seat is consequently filled by another student by the last date of admission, the Institution must refund the Fee collected after a deduction of the processing Fee of not more than ₹1000/- (Rupees One Thousand only) and proportionate deductions of monthly Fee and hostel rent, where applicable”
Our PGDM Batch for Academic Year 2023-24, commenced on August 2nd, 2023 (Mumbai) and August 3rd, 2023 (Bengaluru).
If any student cancelled his / her admission after the commencement of the course, as per the AICTE’s rule we deducted Rs. 1000/-, as processing fee + proportionate deduction of monthly fee and hostel rent (if applicable) from his total fees. Details of it is as below:
Course Name:- All PGDM courses (Mumbai and Bengaluru)
Course Fee
350, 000
Library Deposit
4, 000
Hostel Fee
140, 500
Hostel Deposit
10, 000
Total Fees Received
504, 500
Cancellation Charges
1, 000
Course Fee Deduction within one month after start of the course.
58, 333
1 Month Deduction on pro rata basis (Monthly)
Hostel Fee Deduction within one month after start of the course.
12, 772
1 Month Deduction on pro rata basis (Monthly)
Total Deduction
72, 105
If any student cancelled his/her admission after one month from the start of the course and before cut-off date for refund of fee i.e., 15th Sept, 2023 and seat is filled subsequent, then the deduction is double (for two months, proportionate deductions of monthly Fee and hostel rent), calculated, as per the table given above.
Please note that there shall not be any refund after the Cut-off date i.e., 15th Sept. 2023
With reference to the refund of Fee Policy, we would like to state that as per AICTE Process Hand Book 2023-24 –
“In case, if a student leaves after joining the Course and if the vacated seat is consequently filled by another student by the last date of admission, the Institution must refund the Fee collected after a deduction of the processing Fee of not more than ₹1000/- (Rupees One Thousand only) and proportionate deductions of monthly Fee and hostel rent, where applicable”
Our PGDM Batch for Academic Year 2023-24, commenced on August 2nd, 2023 (Mumbai) and August 3rd, 2023 (Bengaluru).
If any student cancelled his / her admission after the commencement of the course, as per the AICTE’s rule we deducted Rs. 1000/-, as processing fee + proportionate deduction of monthly fee and hostel rent (if applicable) from his total fees. Details of it is as below:
Course Name:- All PGDM courses (Mumbai and Bengaluru)
Course Fee
350, 000
Library Deposit
4, 000
Hostel Fee
140, 500
Hostel Deposit
10, 000
Total Fees Received
504, 500
Cancellation Charges
1, 000
Course Fee Deduction within one month after start of the course.
58, 333
1 Month Deduction on pro rata basis (Monthly)
Hostel Fee Deduction within one month after start of the course.
12, 772
1 Month Deduction on pro rata basis (Monthly)
Total Deduction
72, 105
If any student cancelled his/her admission after one month from the start of the course and before cut-off date for refund of fee i.e., 15th Sept, 2023 and seat is filled subsequent, then the deduction is double (for two months, proportionate deductions of monthly Fee and hostel rent), calculated, as per the table given above.
Please note that there shall not be any refund after the Cut-off date i.e., 15th Sept. 2023
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With reference to the refund of Fee Policy, we would like to state that as per AICTE Process Hand Book 2023-24 –
“In case, if a student leaves after joining the Course and if the vacated seat is consequently filled by another student by the last date of admission, the Institution must refund the Fee collected after a deduction of the processing Fee of not more than ₹1000/- (Rupees One Thousand only) and proportionate deductions of monthly Fee and hostel rent, where applicable”
Our PGDM Batch for Academic Year 2023-24, commenced on August 2nd, 2023 (Mumbai) and August 3rd, 2023 (Bengaluru).
If any student cancelled his / her admission after the commencement of the course, as per the AICTE’s rule we deducted Rs. 1000/-, as processing fee + proportionate deduction of monthly fee and hostel rent (if applicable) from his total fees. Details of it is as below:
Course Name:- All PGDM courses (Mumbai and Bengaluru)
Course Fee
350, 000
Library Deposit
4, 000
Hostel Fee
140, 500
Hostel Deposit
10, 000
Total Fees Received
504, 500
Cancellation Charges
1, 000
Course Fee Deduction within one month after start of the course.
58, 333
1 Month Deduction on pro rata basis (Monthly)
Hostel Fee Deduction within one month after start of the course.
12, 772
1 Month Deduction on pro rata basis (Monthly)
Total Deduction
72, 105
If any student cancelled his/her admission after one month from the start of the course and before cut-off date for refund of fee i.e., 15th Sept, 2023 and seat is filled subsequent, then the deduction is double (for two months, proportionate deductions of monthly Fee and hostel rent), calculated, as per the table given above.
Please note that there shall not be any refund after the Cut-off date i.e., 15th Sept. 2023