Terms and Conditions

Admission Fee:

Students intending to enroll in ACCA and CMA (USA) programs are required to pay an admission fee of ₹3000/- + GST for CMA (USA) and ₹7500/- + GST for ACCA PRIME, and ₹5000 for the LEVEL scheme upon admission to confirm their enrollment. This fee, serving as confirmation of enrollment, is non-refundable.

For CA Foundation, the admission fee will be ₹5000, refundable only if the student fails. Upon passing the foundation exam, a fee discount of ₹5000 from the tuition fee will be granted if he/she opts Inter group tuition at Elance

Payment Schemes:

Students have the option to choose from two payment schemes:

• One-Time Settlement: Pay the entire tuition fee in a single installment.
• Instalments: Opt for a payment plan with scheduled installments, as outlined during admission.
• Please note that installment schemes are exclusively managed through an external entity, GrayQuest, as Elance only accommodates a one-time settlement scheme.

External Loan Association Policy:

Elance Education has an association with GrayQuest to facilitate student loans for its enrolled students. However, it is crucial for students to understand the following points:

• The approval of your loan application with GrayQuest is subject to the creditworthiness, including the CIBIL score, of the student or parent applying for the loan.
• There is a possibility that your loan application may be rejected, or the approval may be for an amount less than the requested sum, depending on the assessment by GrayQuest.
• Elance, as an educational institution, will not be held responsible for any rejection of your loan application or for the approval of an amount less than requested. The loan approval process is solely at the discretion of GrayQuest.
• It is advisable to contact GrayQuest directly for any concerns or queries regarding your loan application status, approval amount, or rejection reasons.
• Any repayment-related issues with the approved loan will be between the student (or the parent, as applicable) and GrayQuest. Elance Education cannot take any role in mediating or influencing matters related to loan repayments, as it is a third-party initiative.
• If the loan is not processed, students can opt for the Auto debit option.

Tuition Fee Break-Up and Scheme:

Tuition fees and scheme details are provided in the fee structure.

Additional Fee at Elance:

ACCA UK/CMA USA Fees and Study Material Fee are separate from the tuition Fee. The tuition fee covers only the cost associated with the online/offline training that students receive, ensuring transparency in the breakdown of fees at Elance.

Payment Scheme Selection:

Please select one of the following options to indicate your chosen payment scheme for tuition fees:

• One-Time Settlement
• Instalments

Tuition Fee Payment:

If students do not opt for the One-time settlement, they need to opt for the EMI or Auto debit options. In the event of missing the auto-debit or EMI, there will be no access to the respective batches.

Elance Learning App Access:

Upon successful completion of the admission process, students will be granted access to the designated Elance Learning App and the ERP (Enterprise Resource Planning) system within two working days.

Non-Repayment Policy:

In cases of withdrawal or dismissal, a refund will be issued, but the full fees for the respective paper wise will be deducted, even if the student attended a single session and a single class. Additionally, a processing charge of ₹20000 will be applied towards administrative expenses. Please note that the registration fee remains non-refundable, and for ACCA, after 12 months from the commencement of classes, and for CMA, after 3 months, there will be no refund.