Refund Policy on Withdrawal of Admission 2021

Caution Deposit and 1st Semester Fee

Every candidate selected for admission at Chinmaya Vishwavidyapeeth (CVV) is required to deposit the First Semester Programme Fees and  INR 10,000 towards Caution Deposit, in order to confirm his/her offer of admission by the acceptance deadline as specified in the offer letter. The Caution Deposit is collected to pay for possible incidentals such as property damage, unpaid transportation fee, or incidental meals consumed in the cafeteria and so on. It may also apply towards any other receivables subject to the rules and regulations of CVV.

Important Dates

The date of commencement of the academic session is 16 August 2021, with Vidhyarambha, a ceremony to mark the auspicious beginning of the academic year.

Refund Details on Withdrawal of Admission as per UGC Guidelines

• The Application Fee (₹ 500) will not be refunded.
• The Caution Deposit will be refunded in full.
• The following cancellation charges will be applicable based on the date of request for withdrawal from the Programme.

Please note:

• The refund amount may be different for students who have been granted financial aid depending on the amount of aid received.
• The applicable amount will be refunded within two to four weeks from the date of request for withdrawal of admission.
• The refund of fees is based on University Grants Commission (UGC) Notification on Refund of Fees and Non-Retention of Original Certificates.

Procedure for refund:

• A student desiring to withdraw the admission shall submit a request in the format given in Annexure – I.
• The candidate should enclose the original fee receipt along with the application.
• For official purposes, the date of submitting the request will be taken as follows:
  • If the request is submitted as a hard copy, the date of receipt of the request at the Registrar’s Office.
  • If the request is sent as email, the date of email will be considered as the date of request.
• The concerned authority shall forward the request to the Accounts Department for further processing.
• The refund amount, as applicable, will be credited in the bank account specified in the request form.

PS: Any incomplete form may be returned to the student for re-submitting the request.

Click Here To Download Refund Request Form