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Home / Online MBA Fees Structure Refund Policy for Course Withdrawal

London School of International Business (LSIB)

What is the refund policy for the online MBA fees structure if a student decides to withdraw from the course?

Refund Policy for Online MBA Fees Structure

Deciding to pursue an online MBA is a big commitment, both in terms of time and finances. However, we understand that circumstances can change, and students may need to withdraw from the course. In such cases, our institution has a clear refund policy in place to ensure fairness and transparency for all parties involved.

Refund Policy Overview

Our refund policy is designed to provide a fair and equitable solution for students who need to withdraw from the online MBA program. The amount of refund that a student is eligible to receive is determined by the timing of their withdrawal and the specific fees that have been paid. Below is a breakdown of our refund policy:

Timing of Withdrawal Refund Amount
Within the first week of the course 100% of tuition fees
Within the second week of the course 50% of tuition fees
After the second week of the course No refund

Additional Fees

It's important to note that the refund policy applies to tuition fees only. Any additional fees that have been paid, such as application fees, technology fees, or course materials fees, may not be eligible for a refund. Students should review the specific terms and conditions related to these fees before making a decision to withdraw from the course.

How to Request a Refund

If a student decides to withdraw from the online MBA program and is eligible for a refund based on the timing outlined in our policy, they can submit a refund request through our student portal. The request will be reviewed by our finance department, and the refund amount will be processed accordingly.

It's important for students to keep in mind that the refund process may take some time to complete, as it involves verifying the student's eligibility and processing the payment. We appreciate your patience and understanding as we work to ensure a smooth and efficient refund process for all students.

Final Thoughts

While we hope that all students who enroll in our online MBA program are able to successfully complete their studies, we understand that circumstances may arise that require a withdrawal. Our refund policy is designed to provide a fair and transparent process for students who find themselves in this situation. If you have any questions or concerns about the refund policy, please don't hesitate to reach out to our student services team for assistance.