Refund Policy
Fees Refund Rules
Note
If a student registers for the course and does not attempt any class then the deducted amount will be Rs. 20,000/-.
No. of Days (From Course Commencement)
0-15 Days
16-30 Days
31-45 Days
46-60 Days
Above 60 Days
Amount to be deducted (in Rs.)
20000
40000
60000
80000
No Refund
Example – 1
If a student has deposited Rs. 1,00,000/- & applies for the refund on 14th day then Rs. 20,000/- will be deducted & Rs. 80,000/- will be refunded.
Example -2
If a student has deposited Rs. 1,00,000/- and applies for the refund after 60 days no amount will refunded.
Process for Fee Refund
Process for Fee Refund: If a student wants to leave the institute and opts for fee refund; he/she should follow the under-mentioned steps:
- Collect the pre-formatted application for fee refund from the institute’s fee counter and fill it completely with the correct details.
- Submit the filled-in refund application along with attachments (Original Fee Receipts, Original Identity Card, Cancelled Cheque, Identity proof, etc).
- Refund application is considered only if the student applies through a Pre-Formated Refund Application Form (available at Centres in Hard Copy). Verbal communication, WhatsApp communication, SMS communication or applied through E-mail shall not be entertained. It is expected to submit your refund application form with the requisite documents as mentioned above.
- Collect the Acknowledgement Receipt of the Refund Application duly signed & stamped by the institute’s authority and keep it for future reference.
- We issue the fee refund only by online mode by transfer through NEFT to Account No. provided in the Application Form.
- The fee refund transfer shall be done within 21 working days from the refund application acceptance (it may take more time if the documents still need to be completed).
- If the student/parents face any problem in the process of course fee refund; the office of Manager-Operations/ Centre Manager can be approached personally/telephonically or through e-mail.
- The student/parents should understand that fee refund is a part of the institute’s policy and we follow the refund rules & regulations as mentioned above in the letter & spirit. However, if the request for refund is submitted (in writing with required documents) after the ‘refund dates’ are over, the institute shall not consider it.
- Any legal matter/dispute related to fee refund is subject to Pimpri-Chinchwad Jurisdiction only.
- The Management of AICT Design Academy reserves the sole right to decide in the matter of fee refund.
Fee Refund on Disciplinary Grounds: This is a very special provision regarding fee refund. If a whole Batch/Class or majority of its students are found to be involved in an incident of indiscipline at any point of time during the academic session; the entire Batch/Class or majority of students may be rusticated from the institute. In such a case, the fee refund will be as per the refund rules.