In an effort to be more financially accessible to students, the chairman of the UGC, Professor M. Jagadesh Kumar, has announced that colleges and universities should give full refunds of fees for the academic session of 2022-23.
The UGC has directed all colleges and universities to refund the entire fee if a student cancels their admission. With the Common University Entrance Test (CUET) results for 2022 not being released yet, many students have already taken admission to private colleges as a backup option.
The chairman of the commission has asked that all higher educational institutes give a full refund of fees for the academic session 2022-23. He noted that there should be zero cancellation charges on account of cancellations or migrations up to October 31 and more than Rs 1,000 as a processing fee if cancellation is done by December of this year.
The universities will now have to refund the entire fee, including all charges, if a student cancels or migrates up to October 31, 2022. This is in line with the refund policy of many private universities, which states that after one month of commencement of courses, the fee cannot be refunded. Several universities begin their academic sessions in mid-August and September, so the extended fee refund policy will apply to the current academic session.
The CUET 2022 phase II exams are set to begin today and will conclude on August 20. The results are expected to be announced within 15 days. By the time admissions commence for universities participating in the CUET, the refund window for private colleges not participating will have expired. The UGC has taken this step to provide relief to students and parents and eliminate their financial hardships.