Caution Money
The Radiant Academy charges a small refundable amount of Rs. 2000/- for every new admission as “Caution Money”. This money is refunded to students, once the course gets completed or students leaves the Institute in mid-session.
Refund Timeliness & Activities
Caution Money refund is subject to following conditions
Note:
- Clearing all dues, fines, penalties due to Institute
- Timely submission of documents listed below
ACTIVITY | DEADLINE | ||||
For Class XII | For Class XIII | For Class XI Promoting to XII | For Class XI not Promoting to XII | ||
Document Submission | Copy of Class 10 Marksheet | At the time of Admission | 31-Aug-2020 | Not Applicable | |
Copy of Class 12 Marksheet | 31-Aug-2020 | 31-Aug-2020 | Not Applicable | Not Applicable | |
Copy of JEE (Main) Application or Confirmation Page | 15-Dec-2020 & 10-Apr-2021 | 10-Jan-2022 & 10-Apr-2022 | Not Applicable | ||
Copy of JEE (Main) Admit Card | 15-Dec-2020 & 10-Apr-2021 | 10-Jan-2022 & 10-Apr-2022 | Not Applicable | ||
Copy of JEE (Adv.) Application* | 15-May-2021 | 15-May-2022 | Not Applicable | ||
Copy of JEE (Adv.) Admit Card* | 15-May-2021 | 15-May-2022 | Not Applicable | ||
Copy of NEET* Application or Confirmation Page | 05-May-2021 | 05-May-2022 | Not Applicable | ||
Copy of NEET* Admit Card | 05-May-2021 | 05-May-2022 | Not Applicable | ||
Copy of AIIMS Application Form | 20-May-2021 | 20-May-2022 | Not Applicable | ||
Copy of AIIMS Admit Card | 20-May-2021 | 20-May-2022 | Not Applicable | ||
Automatic Procession of Caution Money Refund | 31-Dec-2021 | 31-Dec-2022 | 31-Dec-2021 |
- Caution money payment is mandatory for all students except those, who are being promoted in Class 12th (JP/MP batches)
- Caution money is refundable. However, caution money will be used to deduct all disciplinary fines imposed on students, without asking students to make any separate payment.
- The fines and penalties for different in-disciplinary acts is listed in Radiant guide 2020-21, which is distributed to all students.
- In case of any damage/ theft to institute property, an equivalent amount will be deducted from caution money.
- Student will be issued receipts, whenever any fine or penalty is deducted from his caution money.
- In case, any of the documents are not submitted by student. They will be issued a reminder letter to this effect by 31-Jan-2022.
- If the documents are still not received by 15-March-2022. The caution money will be forfeited and no further claim for the same will be entertained.
- The Caution money will be transferred to the bank account as per details submitted by student.