Fee Refund Policy – VSB
Vidyalankar School of Business (VSB) follows a structured and time-bound fee refund policy to ensure fairness and transparency. Students are advised to carefully review the refund terms before confirming their admission.
General Guidelines
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Refund requests must be submitted in writing to the admissions office.
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The college start date is defined as the official commencement date of the academic program.
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All refunds are subject to administrative and processing charges as outlined below.
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Fees paid towards application, registration, documentation, or services already availed are non-refundable unless stated otherwise.
Refund Structure
Withdrawal Timeline | Deduction Amount | Total Effective Deduction |
|---|---|---|
Before college start date | 5,000 ₹ | 5,000 ₹ |
Day 1 after college start | 2,000 ₹ | 7,000 ₹ |
Day 2 after college start | 2,000 ₹ | 9,000 ₹ |
Day 3 after college start | 2,000 ₹ | 11,000 ₹ |
Day 4 after college start | 2,000 ₹ | 13,000 ₹ |
Day 5 after college start | 2,000 ₹ | 15,000 ₹ |
Day 6 after college start | 2,000 ₹ | 17,000 ₹ |
Day 7 after college start | 2,000 ₹ | 19,000 ₹ |
Day 8 after college start | 2,000 ₹ | 21,000 ₹ |
Day 9 after college start | 2,000 ₹ | 23,000 ₹ |
Day 10 after college start | 2,000 ₹ | 25,000 ₹ |
Day 11 after college start | 2,000 ₹ | 27,000 ₹ |
Day 12 after college start | 2,000 ₹ | 29,000 ₹ |
Day 13 after college start | 2,000 ₹ | 31,000 ₹ |
Day 14 after college start | 2,000 ₹ | 33,000 ₹ |
Day 15 after college start | 2,000 ₹ | 35,000 ₹ |
Day 16 onwards | No Refund | No Refund |
*No refund will be made for the GST or such other indirect taxes.
Important Notes
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No refund will be granted from Day 16 onwards after the college start date.
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The refund amount will be calculated after deducting the applicable charges from the total fees paid.
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VSB reserves the right to modify this policy at its discretion. Any changes will be communicated through official channels.
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In case of disputes, the decision of VIIE management will be final and binding.
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