Cancellation of Admission:
Please carefully review the following policies regarding the cancellation of admission at MIDAS School of Entrepreneurship, Bengaluru (MSEB), operated by the Liberal Educare Foundation:
Students who receive an offer from MSEB are required to make a non-refundable booking deposit of Rs. 50,000 plus tax, as outlined in the email communication. This deposit will be deducted from the total tuition and academic activities fee upon enrollment. Payment of the deposit must be made by the deadline specified in your offer. Failure to do so may result in the withdrawal of your offer.
1. University Approval:
If a candidate's admission is not approved by MSEB's affiliated universities—AdiChunchanagiri University (ACU) or Visvesvaraya Technological University (VTU)—the candidate will receive a Course Certification Certificate from MSEB. Students who have completed their undergraduate studies at a recognized Indian university will receive a 1-year Post Graduate Certificate in Management (PGCM) in Entrepreneurship (VenturePrep) from MSEB and ACU. However, students opting for VTU accreditation instead of ACU will be required to pay an additional fee of 20% of the total fees plus GST, as mandated by the university. Any fee paid towards the affiliated university's certification will be reimbursed if the payment was made to MIDAS School of Entrepreneurship.
2. Submission of Fake or Forged Documents:
If a student is found to have submitted fake or forged documents at the time of admission or fails to submit the required original documents, the admission will be canceled without any prior notice, and the course fee paid will not be refunded.
3. Refund Eligibility:
Candidates will be eligible for a refund of the tuition fee (excluding the booking deposit) if the admission cancellation request is made within 7 days from the date of deposit payment along with the complete payment of the annual course fee.
After 7 days, a 20% deduction of the total fee will be applied as cancellation charges. After one month, a 50% deduction will be made.
Cancellation of admission cannot be initiated within 30 days prior to the course commencement date as announced by the Institution. If cancellation is necessary during this period, documents will be returned, but no fee refund will be provided
4. Post Commencement Violations:
If a student is found violating or disregarding the rules and regulations of LEF/MSEB after the commencement of the course, or becomes ineligible to progress to the next semester due to insufficient attendance, the student's admission may be canceled at the discretion of the Principal/Administrator, and NO fee reimbursement will be made.
5. Procedure for Cancellation of Admission:
Application for Cancellation: Candidates seeking admission cancellation must approach the office of admissions with a letter stating the reasons for cancellation. (Candidates may authorize local guardian/family members in writing to carry out the cancellation process by submitting an authorization letter in a specified format).
Admission Cancellation Form: Complete the admission cancellation form provided by the office
Required Submissions: Submit the following:
1. Original fee payment receipt.
2. Admission Cancellation Form.
3. Any other documents received from the Institution.
Acknowledgement:- Obtain an acknowledgment from the office for the request made
Intimation of Collection Date: The office will notify the date on which the candidate or authorized representative should come to collect the original documents and any applicable fee refund.
Refund Method: - Fee refunds will be issued via account payee cheque or online transfer.
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