WITHDRAWAL, TRANSFER & REFUNDS
Guidelines & Processes
We understand that circumstances can change.
Our policies ensure transparency and fairness, with clear guidelines on eligibility, timelines, and required documentation.
COMMUNICATION
Policy & Procedures
We will handle student requests for course transfers or withdrawals fairly and transparently, ensuring mutual agreement.
For detailed information on the process and applicable terms, please reach out to our support team or refer to our student handbook.
WITHDRAWAL, TRANSFER & REFUNDS
Updates & Forms
We will regularly review and update its Transfer and Withdrawal Policy to maintain fairness for students and ensure compliance with local laws and best practices. This policy should be read alongside the LSBF Refund Policy for a complete understanding.
REFUNDS
Cooling-Off Period
LSBF offers students a Cooling off period of ten (10) calendar days commencing from and including the date of signing the Student Contract.
The Contracting Party shall be entitled to, without any liability whatsoever to the PEI, forthwith terminate the Contract at any time within the Cooling-Off Period by way of a written notice to the PEI. The PEI shall return all Course Fees and Miscellaneous Fees paid to it within seven (7) working days of the receipt of the written notice.
Percentage of Aggregate refunds fees post written notice of withdrawal is received
(“Maximum Refund”) More than thirty (30) days BEFORE the course commencement date.
70%
(“Maximum Refund”)
More than fifteen (15) days, but not more than thirty (30) days BEFORE the course commencement date.
50%
More than seven (7) days, but not more than fifteen (15) days BEFORE the course commencement date.
15%
Not more than seven (7) days BEFORE course commencement date, but not more than than fourteen (14) days AFTER the course commencement date.
5%
More than fourteen (14) days AFTER the course commencement date.
0%
LATE FEE POLICY
Late Payment of Fees
A late payment of S$54 per day (including of prevailing GST) will be imposed for course fees received later than 7 days after the due date stated on the student contract. London School of Business & Finance reserves the right to cancel the Student’s Pass of a student who has not made payment 15 days after the due date.