Maharaja Agrasen Business School
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Refund policy

Refunds follow AICTE guidelines for cancellation of admission.

As per AICTE guidelines (AICTE/Legal/04(01)/2007, April 2007), a provisionally admitted candidate may cancel admission by submitting an application for cancellation in duplicate, in the prescribed format, and request a refund. An application is considered only if admission was confirmed by paying the prescribed fees in full and submitting original documents.

SituationRefund
Request received before the academic session starts, and the seat is filled by the cut-off dateEntire fee less ₹1,000
Request received on or after the session starts, and the seat is filled by the cut-off dateEntire fee less seat cancellation charges on a pro-rata basis
Request received before or after the session starts, and the seat cannot be filledNo refund, except the security deposit
  • The entire security or caution money deposit is refunded.
  • For pro-rata charges, one month counts as one unit. For example, if a candidate cancels within the first month of the session and the seat is filled by the cut-off date, the charge is the higher of one-twelfth of the entire fee or ₹1,000.
  • Refund applications received between 1 January and 31 March are paid in the first week of April. The next refund date is 1 July.

Last date for refunds: 30 June, or as declared by AICTE.

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