UGC announces new fee refund policy for HEIs
NEW DELHI [Maha Media]: Higher Education Institutions (HEIs) will be required to provide a full refund of fees for all cancellations or migrations up to 30th September this year.
The University Grants Commission (UGC) has announced this in the new fee refund policy for the 2024-25 academic session.
This has been done to address complaints from students and parents regarding non-refund of fees upon cancellation or withdrawal of admissions.
This policy applies to all HEIs under Central or State Acts, UGC-recognized institutions, deemed universities, and organizations involved in admissions counseling.
The higher education regulatory body also said that after 30th September and until 31st October this year, a refund can be issued with a deduction of no more than one thousand rupees as a processing fee.
It added that for admission schedules extending beyond 31st October, the provisions from the UGC Notification of October 2018 will apply. Institutions violating this policy will face punitive actions as specified in the 2018 notification.