Important Points About Refund Policy
- Refund applications will be accepted ONLY in cases of change of stream,
medical
reasons,
transfer/change of residence etc.
- VMC will follow its standard protocols to gauge the genuineness and authenticity of the
reasons
raised by a
parent for seeking withdrawal. Hence it is compulsory for a parent to submit proofs of
all
reasons cited in the
withdrawal request. Also, VMC will contact and clarify any information published in the
documents submitted from
the parent and/or the authority which has published the documents.
- Student/Parent applying for refund has to submit a written application mentioning the
exact
reason(s) of
withdrawal at the centre where the student is studying. Refund requests made verbally or
through
phone/SMS shall
not be entertained in any cases.
- The date of submission of application will be considered as the last studying day of the
student
and not the day
on which the student stopped coming to the Institute for classes.
- There will be a meeting of the student & parent with the centre staff after the
withdrawal
application is
received. It is compulsory to attend this meeting and complete the necessary formalities
to
process the refund
application. In some cases, multiple meetings might have to be set up as a follow up to
the
above meeting.
- The date of commencement of Course will be considered as the starting date of the Course
&
not
the joining date
of the student in the Institute for calculating the refund.
- The refund rules are universal even
- If the student joins Late.
- If the student doesn't attend even a single class after depositing the fee.
- Refund cheque (if any) will be made in the name of the student/either of the Parent
only.
- VMC management reserves the right to reject any refund application without any reason,
whatsoever.
- The entire refund process includes several Centre level, HO Level and Accounting
process.
Hence
it takes around
45 to 60 days to process the Refund (if any).
- If the fee is refunded through a finance company, the responsibility for repaying the
loan
rests
with the
parent, and it is expected to be done in a timely manner.
- If a student who has availed a finance loan opts for a refund from the course, the
subvention
charges (approx.
10%) will be the responsibility of the parent or student.
- Additionally the charges for the two T-Shirts (₹3000/-) and one Bag (₹1800/-) will be
deducted
from the already
paid fee (excluding GST).
- In the Case of a dropout - any applied scholarship / additional benefits will be
nullified
and
refund
calculations will be based on the base fees.
Important Points to Note
-
Please note that VMC reserves the right to expel a student from the class, if we feel
that
the
student is not
working hard, creating indiscipline, using unfair means in tests or absent for more than
two
weeks without prior
information. In certain extreme circumstances this may even lead to termination of the
student
from VMC. No fee
or part of the fee will be refunded in such cases. The decision of VMC Authorities in
this
regard will be final
and binding on the students & parents.
-
We expect a decent behaviour from the parents & students during any interaction with
teaching as
well as
non-teaching staff of VMC. Any parent/student found misbehaving with any of our staff at
the
Institute might
lead to the termination of the student from VMC.
-
Please understand that the student fee is needed to be paid on time and VMC cannot keep
reminding the
student/parent for the fee. It is the duty of the parent/student to ensure that
sufficient
balance is present in
their bank account on the due date of installment. Please don’t expect reminders from
VMC
regarding this. Please
note that if a student fails to pay the fee by the end of the month of due installment
date/month, the name of
the student might be struck-off from the roll-list. If this happens then the student
will
have
to pay
re-admission fees.
-
Please understand that non-clearance of any of the Post Dated Cheque(s), submitted
towards
fee
installment (as
mentioned in the selection letter) is liable for Legal Action. In such cases, the
student
will
have to pay
₹1000/- (+GST) fine along with the amount of the installment.
-
If the student has enrolled in any course of VMC at any time then VMC has the right to
publicize
the result of
the students as VMC may deem fit. In order to be eligible for the reward provided by VMC
on
the
basis of JEE and
NEET result, the student must submit their admit cards to their respective Centre
In-charge
as
soon as they
receive them.
-
Please note that change of Batch or Teacher is a very difficult process as it is
dependent
on
several factors.
Hence a student/parents’ request for change of Batch or Teacher might not be processed
immediately. However, we
will try to accommodate all the genuine requests in the best possible manner at the
earliest.
-
Facilitation, Transfer and re-admission charges are non-refundable.
-
All disputes will be resolved in jurisdiction of Delhi.
-
For Early Joiners Through VIQ / VINIT 2025
Students attending complimentary classes will not be charged if they continue with
the
regular classroom course. However, if a student opts to withdraw before the main
course
begins, a deduction of ₹10,000 will apply.
Please note that by completing this form and providing the necessary information for the
admission,
students enrolling
in
Vidyamandir Classes will be recognized as registered participants and a part of Vidyamandir
Classes.
Important points about Refund Calculation
-
The refund amount will be calculated based on the course/base fees, excluding GST or any
other
taxes. If a
student has received a scholarship, the refund will be calculated according to the
amounts
(without scholarship)
specified in the refund table. This means that the quarterly charges and other fees will
not
be
proportionally
reduced based on the scholarship when calculating the refund. In the event of a dropout,
any
scholarships or
additional benefits will be voided, and the refund will be based on the full base fees,
as
though no scholarship
or benefits had been awarded.
-
Entire Course Fee is divided into Admission / Administrative Fee and Advance Fee.
Admission
/
Administrative Fee
written on various VMC forms is strictly NON-REFUNDABLE. Advance Fee is divided into
quarterly
fees and First*
Month Fee.
-
a. If the student withdraws before the start of the initial
month
then
Admission/Administrative
Fees (+GST) + Tshirt Charges (if given) + Bag Charges (if given) will be
deducted
from
total
paid fees.
-
b. If the student withdraws within the first* month of the
start of
the
Course
then Admission /
Administrative Fee* + First* Month Fee* (+ GST) + T-Shirts Charges + Bag Charges
will be
deducted from the Total
Paid Fees.
-
c. If the student withdraws after the initial month then
Admission
/
Administrative Fee +
First* Month Fee + Total Completed Quarters Charge (including the Quarter during
which
the
application was
submitted) (+ GST) + T-Shirts Charges + Bag Charges will be deducted from the
Total
Paid
Fees.
-
Quarterly fee will be deducted for the quarter in which the application is submitted
irrespective of the fact
that the application is received on the first or the last day of the Quarter.
-
Please take admission in VMC, only when you are fully satisfied with all the systems at
VMC.
A
lot of resources
are procured in advance for the students who are taking/have taken admission.
Student/Parents
must realize that
a student who leaves after taking admission, disturbs the remaining system and hence
withdrawal
is strongly
discouraged.
-
The charges for the two T-Shirts (₹3000/-) and one Bag (₹1800/-) will be deducted from
the
already paid fee
(excluding GST).
*First month means April month of every year irrespective of commencement of classes.
Important Points About Refund Policy
- Refund applications will be accepted ONLY in cases of change of stream, medical reasons,
transfer/change of residence etc.
- VMC will follow its standard protocols to gauge the genuineness and authenticity of the
reasons raised by a parent for seeking withdrawal. Hence it is compulsory for a parent
to
submit proofs of all reasons cited in the withdrawal request. Also, VMC will contact and
clarify any information published in the documents submitted from the parent and/or the
authority which has published the documents.
- Student/Parent applying for refund has to submit a written application mentioning the
exact
reason(s) of withdrawal at the centre where the student is studying. Refund requests
made
verbally or through phone/SMS shall not be entertained in any cases.
- The date of submission of application will be considered as the last studying day of the
student and not the day on which the student stopped coming to the Institute for
classes.
- There will be a meeting of the student & parent with the centre staff after the
withdrawal application is received. It is compulsory to attend this meeting and complete
the
necessary formalities to process the refund application. In some cases, multiple
meetings
may have to be set up as a follow up to the above meeting.
- The date of commencement of Course will be considered as the starting date of the Course
& not the joining date of the student in the Institute for calculating the refund.
- The refund rules are universal even
a. If the student joins Late.
b. If the
student doesn’t attend even a single class after depositing the fee.
- Refund cheque (if any) will be made in the name of the student/either of the Parent
only.
- VMC management reserves the right to reject any refund application without any reason,
whatsoever.
- The entire refund process includes several Centre level, HO Level and Accounting
process.
Hence it takes around 45 to 60 days to process the Refund (if any).
- If the fee is refunded through a finance company, the responsibility for repaying the
loan
rests with the parent, and it is expected to be done in a timely manner.
- If a student who has availed a finance loan opts for a refund from the course, the
subvention charges (approx. 10%) will be the responsibility of the parent or student.
- Additionally the charges for the two T-Shirts (₹3000/-) and one Bag (₹1800/-) will be
deducted from the already paid fee (excluding GST).
- In the Case of a dropout- any applied scholarship / additional benefits will be
nullified
and refund calculations will be based on the base fees.
Important Points to Note
- Please note that VMC reserves the right to expel a student from the class, if we feel
that the student is not working hard, creating indiscipline, using unfair means in tests
or absent for more than two weeks without prior information. In certain extreme
circumstances this may even lead to termination of the student from VMC. No fee or part
of the fee will be refunded in such cases. The decision of VMC Authorities in this
regard will be final and binding on the students & parents.
- We expect a decent behaviour from the parents & students during any interaction with
teaching as well as non-teaching staff of VMC. Any parent/student found misbehaving with
any of our staff at the Institute might lead to termination of the student from VMC.
- Please understand that the student fee is needed to be paid on time and VMC cannot keep
reminding the student/parent for the fee. It is the duty of the parent/student to ensure
that sufficient balance is present in their bank account on the due date of installment.
Please don’t expect reminders from VMC regarding this. Please note that if a
student fails to pay the fee by the end of the month of due installment date/month, the
name of the student might be struck-off from the roll-list. If this happens then the
student will have to pay re-admission fees.
- Please understand that non-clearance of any of the Post Dated Cheque(s), submitted
towards fee installment (as mentioned in the selection letter) is liable for Legal
Action. In such cases, the student will have to pay ₹1000/- (+GST) fine along with the
amount of the installment.
- If the student has enrolled in any course of VMC at any time then VMC has the right to
publicize the result of the students as VMC may deem fit. In order to be eligible for
the reward provided by VMC on the basis of JEE and NEET result, the student must submit
their admit cards to their respective Centre In-charge as soon as they receive them.
- Please note that change of Batch or Teacher is a very difficult process as it is
dependent on several factors. Hence a student/parents request for change of Batch or
Teacher might not be processed immediately. However, we will try to accommodate all the
genuine requests in the best possible manner at the earliest.
- Facilitation, Transfer and re-admission charges are non-refundable.
- All disputes will be resolved in jurisdiction of Delhi.
Please note that by completing this form and providing the necessary information for the
admission, students enrolling in Vidyamandir Classes will be recognized as registered
participants and a part of Vidyamandir Classes.
Important Points About Refund Calculation
- The refund amount will be calculated based on the course/base fees, excluding GST or any
other taxes. If a student has received a scholarship, the refund will be calculated
according to the amounts (without scholarship) specified in the refund table. This means
that the quarterly charges and other fees will not be proportionately reduced based on
the scholarship when calculating the refund. In the event of a dropout, any scholarships
or additional benefits will be voided, and the refund will be based on the full base
fees, no scholarship or benefits had been awarded.
- Entire Course Fee is divided into Admission / Administrative Fee and Advance Fee.
Admission / Administrative Fee written on various VMC forms is strictly NON-REFUNDABLE.
Advance Fee is divided into quarterly fees and First* month Fee.
- a. If the student withdraws before the start of the initial month then
Admission/Administrative Fees(+GST)+Tshirt Charges (if given)+Bag Charges(if
given)
will
be deducted from the total paid fees.
- b. If the student withdraws within the first* month of the start of the Course
then
“Admission / Administrative Fee” + “First* Month Fee” (+
GST) +
T-Shirts Charges + Bag Charges will be deducted from the Total Paid Fees.
- c. If the student withdraws after the initial month then Admission /
Administrative
Fee
+ First* Month Fee + Total Completed Quarters Charge (including the Quarter
during
which
the application was submitted) (+GST) + T-Shirts Charges + Bag Charges will be
deducted
from the Total Paid Fees.
- Quarterly fee will be deducted for the quarter in which the application is submitted
irrespective of the fact that the application is received on the first or the last day
of the Quarter.
- Please take admission in VMC, only when you are fully satisfied with all the systems at
VMC. A lot of resources are procured in advance for the students who are taking/ have
taken admission. Student/Parents must realize that a student who leaves after taking
admission, disturbs the remaining system and hence withdrawal is strongly discouraged.
- The charges for the two T-Shirts (₹3000/-) and one Bag (₹1800/-) will be deducted from
the already paid fee (excluding GST).