PAYMENT POLICIES

Students have the flexibility to choose between multiple payment schemes as applicable.

Repayments schemes with lesser tenure have discounts and higher tenure will attract additional charges.

The student may also opt to take elance - associated third party loans where, if approved based on credit eligibility, may get longer installments without cost.

Any additional charges for scheme change etc to be paid on the date of approval of such changes.

Any fees payable to professional bodies such as Exam Fees, Subscription Fees, Material Fees etc. to be borne by students.

These are not included in the Tuition Fees or Admission Fees.

Payment Defaults

The student may not be able to perform any actions in ERP including batch enrolment if there is payment due.

Late fee of Rs 20 per day is applicable from 5 th day of default till the date of payment.

Refunds

Admission Fees are non-refundable.

The tuition fee is non-refundable in case of dismissal.

Tuition fee is refundable in case of drop or scheme change after the following deductions:

• Processing charges as applicable in annexure even if the student has attended a single class.
• Paperwise fees for already enrolled batch irrespective of the attendance

The refund for exemption will be processed when admission is converted to a lower scheme, and the difference in fees will be refunded.

Referrals

Referral amount will be disbursed within 5 to 7 business days subject to the following conditions:

• Student must complete payment of prescribed percentage (40%) of his tuition fees.
• The referrer must update his bank details in his portal and request for the referral amount.
• A student, once admitted, cannot make any changes to the referral details.

ANNEXURE 1

Drop Charges

A processing charge of Rs. 20,000 for ACCA & 10,000 for CMA(USA) & CA will be applied towards administrative expenses.

Please note that the registration/Admission fee remains non-refundable and after 6 months of the commencement of classes there will be no refund for ACCA and for CMA(USA) & CA after 1 month of the commencement of classes there will be no refund.

Scheme Change Charges

The Processing charges are as follows:

• A downgrading from Prime+ & Prime comes with a charge of ₹10,000.
• A downgrading from Level comes with a charge of ₹7,500.

Important Note: After 3 months of commencement of classes for ACCA, there will be no scheme changes and after 1 month for CMA (USA) there will be no scheme changes, and no scheme changes will be permitted for the CA program.

Definitions

• Scheme Change: A change in the student’s enrollment level or scheme
• Mode Change: A change in the delivery method of a course (online/offline/recordings), allowed with conditions like additional payment
• Board Registration: The official process for a student to enroll in the ACCA board, ensuring all prerequisites are met.
• Exam Registration: The process of enrolling for exams through the board or a Student Relationship Officer, with deadlines to secure an exam slot.
• Session Recording: Recorded sessions may be provided but are not guaranteed, with access limited by specific time frames and fee status.
• Reenrollment: The process of re-enrolling in a paper to improve performance, with free options for Prime students under specific conditions, otherwise subject to fees.