As per UGC notification on Refund of fees dated October, 2018.
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.
|S.No||Percentage of refund of fees*||Point of time when notice of withdrawal of admission is received in the HEI|
|1||100%||15 days or more before the formally-notified last date of admission|
|2||90%||Less than 15 days before the formally-notified last date of admission|
|3||80%||15 days or less after the formally-notified last date of admission|
|4||50%||30 days or less, but more than 15 days, after formally-notified last date of admission|
|5||00%||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. 5,000/- 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 his/her in this regard.