Indira School of Business Studies

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As per AICTE Guidelines (Reference: AICTE Guidelines No. AICTE/Legal/04(01)/2007) Process of refund of tuition, development, and other fees after cancellation of admission secured through CAP rounds, Institute level round(s) and vacancy round(s) of admission.
The candidate, who has been provisionally admitted, may cancel admission by submitting an application for cancellation in duplicate, in the prescribed format and may request for refund of fee.
A refund of the fee as applicable shall be made at the course due. It is made clear that such an application for cancellation will be considered if and only if the admission is confirmed by paying the prescribed tuition fee and other fees in full and by submitting the original documents. Refund shall be made after deduction of the cancellation charges as shown: *Entire fee less by Rs 1000/-*
For calculation of the Cancellation Charges on a pro-rata basis, one month shall be treated as one-unit e. g. If the candidate cancels admission on the third day i.e., within one month after the start of the academic session & the seat is filled before the cut-off date, Cancellation charges on a pro-rata basis will be the higher amount of (Entire fee) / 12 or Rs.1000/-