Refund Policy
We believe that financial policies should be clear and transparent from the beginning. They help NIFA plan faculty, batches, resources and academic services responsibly. Before enrolment, students and parents are encouraged to understand the course structure, syllabus, duration, fees and learning methodology. Once a student chooses to enrol and makes the payment, the following fee & refund guidelines apply:
- 1. Fees paid towards a course are non-refundable and non-transferable once admission is confirmed.
- 2. Fees paid for one course cannot ordinarily be adjusted or transferred towards another person or another course.
- 3. Course enrolment belongs to the student named on the admission record and cannot be transferred to a friend or relative.
- 4. Installments/EMIs must be paid according to the approved schedule. Delayed payments may attract applicable charges.
- 5. Where an EMI plan is approved, the full commitment must be completed within the period specified for the course.
- 6. Any genuine request for an academic or scheduling adjustment should be discussed with the Director/management before the situation becomes a problem. Approval, if granted, does not create a right to a refund.
- 7. If fees remain unpaid for the period specified by NIFA, admission may become inactive/cancelled. Re-admission may require approval and applicable charges.
- 8. A change of residence or employment transfer does not create a right to a refund. Where feasible, NIFA may assist with an available centre or alternative learning arrangement.
- 9. Where cheque payments are accepted, a dishonoured cheque may attract applicable bank/administrative charges and further lawful action.
- 10. Where required by the selected payment plan, admission becomes effective after the stipulated payment or approved payment arrangement is completed.