Ramsheth Thakur College of Commerce and Science, Kharghar - Educational, College
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Mode of Refund of Fees and Deposits

Refund of Tuition, Development and All other Fees after Cancellation of Admission

The candidates who have taken admission in under-graduate programmes may request for refund of fees after applying in writing for cancellation of their admission to the programme. The refund of fees as applicable shall be made on or before 30th day after the date of cancellation and thereafter. The percentage of fees for the programme shall be refunded to the candidate after deducting charges as follows.

Fee Deduction on Cancellation of Admission

Sr. No. Period Deduction Charges
(i) Prior to commencement of academic term and instruction of the programme 500/- lump sum
(ii) Upto 20 days after the commencement of academic term of the programme 20% of the total amount of fees
(iii) From 21st day upto 50 days after commencement of the academic term of the programme 30% of the total amount of fees
(iv) From 51st day upto 80 days after the commencement of academic term of the programme or August 31st whichever is earlier 50% of the total amount of fees
(v) From September 1st to September 30th 60% of the total amount of fees
(vi) After September 30th 100% of the total amount of fees
Note: The total amount considered for the refund of fees from the commencement of academic term of the programmes includes the following -

  • i) All the fee items chargeable for one year are as per relevant University circulars for different faculties (Excluding the programmes for which the total amount is fixed by other competent authorities).

  • ii) The fee charged towards group insurance and all fee components to be paid as university share (Including Vice-chancellor’s fund, University fee for sports and cultural activities, E-charge, disaster management fund, examination fee, N.S.S. cell fund and enrolment fee) are non-refundable if payment is made by the college prior to the date of cancellation.

  • iii) Fee collected for identity card and library card, admission form and prospectus, enrolment fee are not refundable after the commencement of the academic term.

  • iv) All refundable deposits (Laboratory, caution money, library, etc.) shall be fully returned at the time of cancellation.

  • Mode of Refund of Deposits

    • (a) In Case of Cancellation of Admission tThe deposit will be refunded within eight days from the cancellation of admission.

    • (b) In Case of Completion of Degree If learner appears for last semester examination of his / her degree programme, deposit will be refunded to him / her in the subsequent period from September of that financial year to March of the subsequent year only.

      (e.g. If a learner appears T.Y.B.Com. / T.Y.B.M.S. / T.Y.B.Com. (A and F) Semister IV examination in March 201 then he / she can apply and get refund of deposit from a period of September 2018 to March 2019 only).