Cooling-Off Period

LSBF offers students a cooling-off period of 7 working days after the date that the Contract has been signed by both parties.

There is a cooling-off period of 7 working days for maximum refund in clause 2.3 of the student contract. Students will be refunded the highest percentage of the fees (as per refund table below) already paid if the Student submits a written notice of withdrawal to the PEI within the cooling-off period, regardless of whether the Student has started the course or not.

After the cooling-off period, refund policy will apply as follows:

% of [The Aggregate Amount of the Fees] If student's written notice of withdrawal is received
70% (“Maximum Refund”) More than 30 days BEFORE the course commencement date
50% More than fifteen (15) days but Less than thirty (30) days BEFORE course commencement date
15% More than seven (7) days but Less than fifteen (15) days BEFORE course commencement date
5% Less than seven (7) days BEFORE course commencement date or Less than fourteen (14) days AFTER
course commencement date
0% More than fourteen (14) days AFTER the course commencement date
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