Refund policy

IFMR GSB, Krea University’s refund policy conforms to the norms set by UGC and is in accordance with the University Grants Commission (UGC) Notification on “UGC Notification Reg.: Refund of Fees and Non-Retention of Original Certificates”, which was published on their website on 02 November 2018.  Please click here.   The table details the same:

The notified last date of admissions: 30 June 2022. The Academic Year 2022-23 starts on 01 July 2022.

Note:

1. Fee include all amounts excluding caution deposit.
2. An amount of 5% of the fees paid by the student subject to a maximum of INR 5,000/- towards processing charges will be deducted from the refundable amount before making the refund wherever applicable. This is applicable only to applicants in the category of S.No.1 in the above table.
3. Caution Deposit of INR 35,000/- will be refunded at the time of graduation from IFMR GSB or withdrawal of admission, subject to recoveries, if any, pending from the student.

4. Applicants who wish to withdraw should fill the Refund Request Form in the admissions portal. The date of submitting the filled-in form will be considered as the basis for calculation of refundable amount. The amount shall be refunded to the eligible candidate within fifteen days of receiving the complete and accurate details.

Updated on 24 March 2022