Fees

1. At the time of admission, the student needs to pay 50% of tuition fees Hostel/Mess charges, one time full development fee and refundable Security Deposit.

2. The Composite Fee is applicable for the academic year i.e. from July to May.

3. The Composite Fee covers all of the teaching and other expenses (such as library, examination, labs, co-curricular activities, sports etc for the academic year)

4. The Composite Fee does not include or cover field trips and excursions, pocket money, extra subject / learning support, weekend outings / trips, transportation, stationery, other co-curricular activities, extra tutorials, medical expenses etc.

5. There are two options available for payment of Composite Fee:

• Advance Yearly - this carries a 5% rebate on Tution Fee

• In two installments semester wise

6. All fee payments should be made by the due dates as indicated in the Fee Schedule.

10% increase in Composite Fees will be there every year

7. The institute reserves the right to revise / amend the Fee Schedule.

Late Fee

1. In the event of late deposit of fee following surcharge shall be charged:

• If paid within 30 days of the due date: 5%

• If paid between 31 and 60 days of fee due: 10%

2. No student, whose fee remains unpaid in full or in part, will be allowed to use the institute until the outstanding fee is received. No internal jury reports, Transfer Certificates or recommendations to future institutes / colleges will be issued to the student or parent.

3. If the fee is not paid even after 3 fortnightly reminders, the students name shall be struck off from the institute's records and all dues shall be forfeited from the security deposit.

Conversions

1. Students converting from Boarding to Day Boarding should do so at the end of a semester. Students converting from Boarding to Day Boarding in the middle of a semester shall have to pay boarding fee for the full semester.

2. Students converting from Day Boarding to Boarding (upon availability of space) should do so from the 1st day of the month. Students converting in the middle of a month shall have to pay boarding fee on pro rata basis from the beginning of the month.

3. College mess is compulsory for all the boarding students.

Refunds/Withdrawals

1. Students wishing to withdraw should give at least one semester's notice (Aug - Dec / Jan - July).

2. In case of withdrawal, fee pertaining to the semester falling in the notice period shall be payable by the student.

3. In the event of withdrawal without notice, the same shall be forfeited from the security deposit of the student.

4. In case of withdrawal happens before the commencement of the academic year an amount of Rs. 1,500/- will be deducted as administrative charges and rest amount will be refunded to the student.

5. In case of withdrawal happens within a period of 1 month from the commencement of the course 25% of composite fee will be deducted.

6. For the Withdrawal happening after 1 month, no amount except security deposit will be refunded.

Security Deposit

1. Every student admitting into the Institute needs to pay a security deposit as laid down by the management from time to time. This deposit is non-interest bearing and is refundable upon the student passing out / leaving the institute.

2. Any unpaid dues of the student shall be recovered from his / her security deposit.

3. The Security Deposit shall be refunded within 60 days of withdrawal /passing out of the student after adjusting unpaid dues, if any.

4. Legal disputes, if any, shall be settled only in the courts having their jurisdiction in Pune.

Bank Charges

1. All bank charges pertaining to inward remittance of the fee, if any, shall be debited to student's account.

2. In the event of cheque / draft return, a sum of Rs. 1000/- besides the bank charges shall be debited to the student's account.