Financial Policy

Refund Policy

At OICNM, we understand that circumstances may arise that require students to request a refund. Our refund policy is designed to be fair, transparent, and in compliance with applicable regulations.

Withdrawal & Refund Schedule

100%

Within 24 hours of Classes

Full refund (excl. application fee)

90%

Within 10 days of Classes

Partial refund of tuition fees

80%

Within 30 days of Classes

Partial refund of tuition fees

50%

Within 90 days of Classes

Partial refund of tuition fees

* Application fees are non-refundable in all cases.

Tuition and Fee Payments Eligible for Refund

  • Tuition Fees: Tuition fees are eligible for a refund based on the specific refund schedule outlined below.
  • Application Fees: Application fees are non-refundable.
  • Course Materials Fees: Refunds for course materials fees are subject to specific conditions and timelines.

Refund Request Procedure

  • To request a refund, students must complete and submit an official Withdrawal Form to the Admissions Office. The form is available through the Admissions Office.
  • The date the Withdrawal Form is received will be used as the official date of withdrawal for calculating the refund amount.

Course Materials Fees Refund

  • Course materials fees may be refundable if the student withdraws before the start of the course and has not received or utilized any course materials.
  • Once course materials have been received or accessed, the course materials fees become non-refundable.

Refund Processing Time

  • Refund requests are typically processed within 30 business days from the date the completed Withdrawal Form is received.
  • Refunds are issued using the original payment method unless otherwise requested by the student.

Refund Exceptions

  • In exceptional circumstances, such as documented medical emergencies or college-related administrative errors, the college may consider refund requests beyond the stated policy. Each case will be evaluated individually.
  • Application fees and other non-tuition fees are non-refundable.

Financial Aid and Scholarships

The refund policy applies to tuition fees and course materials fees after considering any applicable financial aid or scholarship amounts.

Dispute Resolution

Any disputes related to refund requests or processing will be resolved in accordance with the college's established dispute-resolution procedures.

Note: OICNM reserves the right to amend or update this refund policy as necessary. Any changes to the policy will be communicated to students through official college channels.

OICNM is committed to providing fair and transparent refund processes for our students. We encourage all students to familiarize themselves with this refund policy and reach out to the Admissions Office for any questions or clarifications regarding refund requests.

Questions About Refunds?

Contact the Admissions Office for any questions or clarifications regarding refund requests.

[email protected]