Finance and fee planning for education

Refund / Cancellation Calculator

Model an admission cancellation or withdrawal refund using your prospectus rules.

  • 100% free
  • No sign-up required
  • Instant results
  • Math steps shown
Estimated refund
₹33,750
Retained by institution
₹16,250
Math steps
  1. Amount paid = ₹50,000
  2. Less non-refundable = ₹5,000 → base ₹45,000
  3. Less 25.0% cancellation charge = ₹11,250
  4. Less flat deduction = ₹0
  5. Refund = ₹33,750

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How refunds are estimated

Each block explains one part of how this works and how to read the result.

  1. Refundable base minus charges

    Refund = max(0, amount paid − non-refundable − (refundable base × deduction%) − flat deduction). Non-refundable heads are often registration or admission charges named in the prospectus.

Frequently asked questions

Is this legally binding?

No — it applies the numbers you enter. UGC/AICTE/state rules or your prospectus prevail.

What if deduction exceeds base?

Refund floors at ₹0.

Hostel security?

Often refundable separately — put it in non-refundable=0 and adjust paid amount, or run Hostel Fee Calculator.

GST on forfeited fees?

Ask your CA; treatment depends on whether supply was made.

For developers & AI agents

The Refund / Cancellation Calculator is also available as a free, unauthenticated JSON API — no API key, no sign-up, CORS enabled for all origins. Send a GET request with the parameters below and receive the computed result as JSON, including the source of the format or formula used. Invalid input returns HTTP 400 with a JSON { "error": "..." } body.

Endpoint
GET https://knwdle.com/api/tools/refund-cancellation-calculator
Query parameters
ParameterRequiredDescription
amountPaidYesTotal paid INR
nonRefundableNoNon-refundable INR
deductionPctNoPercent of refundable base deducted
flatDeductionNoAdditional flat deduction INR
Example

Request:

GET https://knwdle.com/api/tools/refund-cancellation-calculator?amountPaid=50000&nonRefundable=5000&deductionPct=25&flatDeduction=0

Response:

{
  "tool": "refund-cancellation-calculator",
  "input": {
    "amountPaid": "50000",
    "nonRefundable": "5000",
    "deductionPct": "25",
    "flatDeduction": "0"
  },
  "result": {
    "primaryLabel": "Estimated refund",
    "primaryValue": "₹33,750",
    "steps": [
      "Amount paid = ₹50,000",
      "Less non-refundable = ₹5,000 → base ₹45,000",
      "Less 25.0% cancellation charge = ₹11,250",
      "Less flat deduction = ₹0",
      "Refund = ₹33,750"
    ],
    "extras": [
      {
        "label": "Retained by institution",
        "value": "₹16,250"
      }
    ],
    "tables": [],
    "listSections": []
  },
  "formula": "Refund = max(0, paid − nonRefundable − base×deduction% − flat).",
  "source": "Refund = max(0, paid − nonRefundable − base×deduction% − flat)."
}

Collect fees without spreadsheet math

Knwdle automates fee invoices, reminders, and receipts for schools, colleges, and coaching institutes.

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