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What is the refund policy and timeline if I want to cancel my admission after paying the deposit?

25 Aug 2026 · Answered by Muskan Vashishtha · 2 min read
Quick Answer verified

Under standard UGC and AICTE guidelines, you get a 100 percent refund minus a Rs. 1,000 fee if you cancel 15 or more days before the deadline, dropping to 90, 80, 50, or 0 percent as you cancel later. Refunds typically process within 15 to 30 working days.

Muskan Vashishtha
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Your refund amount depends entirely on how soon you submit your formal cancellation relative to the official last admission date, not simply on when you paid your deposit. Application, prospectus, and entrance exam fees are almost always non refundable regardless of timing. File your written cancellation request as early as possible to protect the largest refund slab available to you.

Standard Refund Slabs Under UGC And AICTE Guidelines

When You CancelRefund You Receive
15 or more days before the deadline100 percent, minus up to Rs. 1,000 processing fee
Less than 15 days before the deadline90 percent
Up to 15 days after the deadline80 percent
16 to 30 days after the deadline50 percent
More than 30 days after the deadline0 percent, only security deposit returned

Your Step By Step Cancellation Process

  • Submit a written cancellation application through the college portal or directly to the registrar's office.
  • Attach your original fee receipt, provisional allotment letter, ID proof, and a cancelled cheque for your refund account.
  • Collect a dated, stamped acknowledgment receipt so you can track your refund timeline.
  • Expect processing within 15 to 30 working days generally, up to 45 days for some private universities, or within 7 days for AICTE regulated PGDM programs.

My Advice

File your written cancellation the moment you decide, even before you have every document ready, since the refund slab is locked in by your application date, and follow up in writing weekly until you have your stamped acknowledgment and refund confirmation in hand.

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