REFUND POLICY

General

1. The following rules shall be known as the National Rural Bamboo Mission & Research Institute (Refund of Tuition & Other Fee) Rules, 2015.
2. They shall apply to all national and international students at National Rural Bamboo Mission & Research Institute campus in its entirety.
3. They shall come into force on 1st July, 2015.
4. These Rules can be amended, augmented, clarified, interpreted, added to, deleted from, and changed by the Institute Administration. Any such change shall be intimated to the residents electronically and also by display on the official notice board.
5. Application for the refund of tuition fee, food and accommodation fee received before the closure of admission for the concerned programme will be accepted and thereafter no application for refund will be accepted under any circumstances.
6. Request for cancellation of admission and refund of fees may be considered as per the following norms:

FEE REFUND POLICY

In Case of New Admission

1. In case where a student withdraws admission/communicates his/her intention not to attend the institute one month before the date of scheduled commencement of classes, Full Fee and security paid to the institute will be refunded after deducting Rs 15000/- as administrative charges.
   
   

   Note: 1. Fees includes –

   1. Admission Fee


2. In the case where a student withdraws admission or communicates his /her intention not to attend the institute less than a month before the date of the scheduled commencement of classes, the following Fee Amount (If paid) will be refunded.



Note: Admission fee will not be refunded in the above case-

3. In case where a student withdraws admission/communicates his /her intention not to attend the institute after the date of commencement of classes, then the Rules of Fee Refund governing existing students become applicable in mutatis mutandis, all unpaid fees must be received before TC is issued to the concerned student.

Note: Security amount, if any, shall be refunded without interest, after adjustment of dues, if any, on withdrawal from the institute. Security deposit is adjustable against damage to, or loss of –

1. Library books
2. Technology facilities &
3. Other equipment or assets of the institute

In case of Existing Student withdrawing in the mid /end of the session

• In order to withdraw their ward, parents need to submit their application in the prescribed format at least a month before the date of withdrawal.

Fee amount to be refunded as mentioned below:

1. Student who has paid the *full quarter fee needs to be charged only up to the end of the month in which the student has last attended classes while the remaining proportionate fee for that quarter will be refunded.
2. Student who has not paid the * full quarter fees, needs to pay till the end of the month that he/she has last attended the classes in.
3. Transport Fee needs to be refunded /recovered proportionately on similar pattern as per point no. (i) & (ii) mentioned above.
4. In case of Annual Charges /Payments the fee needs to be refunded /recovered proportionately up to end of the quarter in which student has last attended the classes.

Note: Annual charges /Payment need to be worked out quarterly for the purpose of point no. (4) Above

1. Security amount, if any needs to refunded without interest after adjustment of dues, if any, on completion of the student’s studies. Security deposit is adjustable against damage to, or loss of, library books, laboratory equipment, technology facilities and other equipment or assets of the institute. All unpaid fees must be paid before TC is issued to the student.
2. In case of Resource fee, it will be refunded only when institute kit (Books & Note books or Bag etc.) has not been given to the student.

Application of refund after the closure of admission for concerned programme, no tuition fee shall be refunded.

Note:

• For deduction of the proportionate monthly tuition fee, the programme tuition fee without any benefit like scholarship, financial aid etc. (if any) will be considered.
• If an applicant has paid lesser than the amount to be deducted from Tuition Fee, then the deduction amount may be adjusted from the fee paid for food/hostel accommodation/laundry/security or other related deposits, if applicable.

NON-REFUNDABLE FEES/CASES

1. Amount paid for obtaining Prospectus, Application fee, Processing fee, Entrance fee, late fee, Programme Transfer fee etc. is non-refundable under all circumstances, unless in specific are prescribed as refundable.
2. In case a student leaves after the last date of admission or withdraws/leaves in the midstream, in such cases, that student shall have no claim of refund of fee and other charges already paid or otherwise, whatsoever against the Institute.
3. In case a student leaves after the last date of admission or withdraws/leaves in midstream, in such cases, any Institute scholarship/concession will be adjusted against the security money.
4. If in any case, a candidate has unknowingly or wilfully concealed or suppressed any information or fact or found impersonating or using any fraudulent means for getting the admission to the Institute or for obtaining scholarships, which renders him/she ineligible for the admission and/or scholarship, the admission of such an applicant shall be cancelled and/or he/she will be liable to disciplinary action(s) as decided by the Institute and/or as per the law of the land. That candidate shall have no claim of refund of fee and other charges already paid or otherwise, whatsoever against the Institute.

PROCEDURE OF REFUND

1. For refund, applicant needs to apply to the Institute on the prescribed form as available in Registrar’s Office/Admission Office at the Institute Campus.
2. Only original form duly filled and signed by the student and parent/guardian received in person or by post by the last date of admission will be accepted.
3. Application sent via email or any other mode will not be accepted and cannot be used as a reference for claim of refund.
4. Postal delay will not be the liability of the Institute and the date on which application by post is received by the Institute will be considered for refund.
5. Refund will be made only after the applicant has surrendered the original fee Receipt, ID Card (if already issued), letter from Institute for processing Loan and any other document as required by the Institute at the time of refund.
6. Refund, if any, will be made through the account payee cheque only in the favour of concerned student or parent or guardian as opted and written by the student while filling the ‘Application Form for Refund’. Once the application for refund has been submitted, then any request to change the name of payee (student/parent/guardian) or for request to reissue the cheque because of postal delay or otherwise, additional processing fee of Rs. 500/- will be charged.
7. Any amount, if refunded, will be in Indian currency only. For International Applicants, the refund against application received as per prescribed guidelines will also be in Indian currency and as per the actual conversion rate of US Dollar (on the date of the student withdrawal application).
8. In case, the applicant has availed any letter or document from the Institute for processing the loan then the refund will be made through the account payee cheque in favour of the sanctioning bank, unless the applicant submits the NOC from the bank to get the refund in his own/parent/guardian favour.
9. All the applications for refund of tuition fee/hostel accommodation fee/food facility fee etc. will be processed within minimum 8-10 weeks from the date of receiving of the refund application.
10. No interest is payable on any amount deposited with Institute also including refundable amount, if any.
11. An applicant claiming for refund of tuition fee and/ or hostel accommodation fee and/ or food facility fee (as applicable) before the commencement of the classes, he/she shall not join the programme and/ or avail hostel accommodation and/ or food facility (as and if applicable).