1. Fee once paid is not refundable.
2. For refund of security deposit one Calendar month’s prior notice with
effect from the 1st of the month along with a duly filled withdrawal form and a
copy of the original receipt, is to be submitted before withdrawal. For refund
of security deposit all fee due as on date of submission of withdrawal form must
be paid and there should be no arrears, otherwise arrears shall be deducted from
the security deposit.
3. Those parents who wish to withdraw their ward at the end of the academic
year must give one month’s notice (by submitting the withdrawal form) before 1st
March otherwise fee for the next quarter (new academic year) will be charged. In
such cases parents who do not inform in advance cause a huge loss to the school
as the seat is automatically reserved for the student in the next class (which
goes waste), hence parents are required to pay the fee for the 1st quarter of
the next academic year if they withdraw their ward without complying with this
4. School Leaving Certificate (TC) will not be issued until all payments due
to the school have been paid in full and clearance received from the various
offices, such as the admin office, school library, academic coordinator etc.
5. The online fee payment at IPEM involves complex system of technical and
telecommunication networking integration between customer’s Internet bandwidth,
IT system of banks and payment gateways and is dependent on internet
connectivity across various constituents. Any failure or delay in this complex
network may cause transaction failure before completion. In case of any
payment failure at the time of online fee payment, if any funds are transferred
into the school account, they will be refunded or adjusted against the fee
payment transaction which failed. The school will not be responsible for
refund/adjustment of any money which has not been actually credited to the
school account, owing to failed transactions, even though the funds may have
been debited from the parents account. Usually in such cases, the payment
gateway company / bank refunds the money within 3 working days. This happens in
rare cases and if this happens the school will make every effort to resolve an
issue as early as possible and provide all necessary information to the parent
in case of a complaint.