A). REFUND OF FEES AND SECURITY DEPOSITS
1. The Security Deposit component of the fee paid at the time of admission is refundable
to students on completion of the course or from the date he/she ceases to be a student of
NIFT. This is done on production of prescribed 'No Dues Certificate' from concerned
Departments/Library and Resource Centre / Academic Branch/ Computer Labs/Hostel
(if applicable) etc. No request for refund would be entertained after six months from the
date of completion of the course or the student leaving the Institute.
Students who leave NIFT during the course or who are asked to leave NIFT for what so
ever reasons will not be entitled to refund of fees, except the amount of the refundable
security deposit.
In cases whether it is leave of absence or detention by the Campus on account of
failure/attendance, the student shall keep his/her registration LIVE by paying re-
registration fee of Rs. 10,000 for each absenting semester over and above the fee of the
joining semester.
2. Adjustment of fees for the students availing Leave of Absence: As per NIFT policy, a
student may be granted Leave of Absence/lien for a maximum period of one year on the
basis of medical/ extenuating circumstances beyond the specified period of study at
NIFT with the prior approval of the Competent Authority.
3. Fee will not be adjusted in the subsequent semester, in cases where, leave of absence is
granted after 6 weeks of commencement of semester.
4. Re-registration charges for each absenting semester shall be paid by the student as per the NIFT policy.
5. In case of NRI students since the fee is paid on a yearly basis, if the student avails Leave of Absence, the fees shall be adjusted for the subsequent semesters.
6. In case of students who are suspended due to misconduct, the semester fees shall not be
adjusted when the student rejoins the course in the following year (in the same semester).
B). CHARGE BACK POLICY
Chargeback won't be accepted for any successful transaction. If any double time payment happens parent need to approach the institute directly for refunds. In case of any penalty levied to the institution due to chargeback the penalty amount will be collected from the student again