APPLICATION

a) FEES PAYMENT

The college developed this policy to first and foremost afford students easy installments to meet the cost of tuition and implement other controls so as to reduce the fee debts burden owed to the college by students.

Fee Payment and deadlines:

All Moneys will be paid to the college account directly:

Account name: Serian Business and Technology College: Account Number: 066000084031 Bank: Family Bank Branch: Ongata Rongai

Paybill Business no: 222111 Account no: 066000084031.

The deadline for payment of full fees shall be the expiry of the 50% of the semester period.
For a student with exceptional case, MUST OBTAIN APPROVAL from Principal liaison with Finance Officer to make arrangements in writing on the mode of payment which will be strictly followed and enforced. However, despite the arrangements, the student will not be allowed to sign the nominal roll until full payment is made.
For those students who cannot meet the above obligation, are advised to defer the programme.

Excess Fee When a student has fee overpayment, the following shall be observed:

For continuing students, excess fees shall be carried forward to the next semester/ year. No refunds shall be made.
Final year students shall apply for refund of excess fees. Where such excess fees arise from bursaries received from sponsoring bodies like HELB, CDF and any other sponsoring Body, refunds of such fees shall be made to the sponsoring body after clearance.
Where a sponsoring Body gives an approval in writing the refund can be made to the student.

Transfer of Fees:

No student is allowed to transfer his/her fee to another student.
The college shall refund any excess fees to the sponsors /donors for reallocation to other specified needy students.

In the event of non-payment, action will be taken to recover all amounts due to the college:

Refund of fees may arise out of a student withdrawal from college, overpayment of fees or if a student is deceased.
Fees refunds shall be payable to the sponsor by cheque upon receipt of a written request.
The college does not make fees refunds to individual students.

Refunds due to withdrawal from the college:

In the event a student withdraws from the college (s)he will be permitted to a refund.
The percentage of refund is based on the total amount due for the semester as well as the period that the student will have covered in the semester as shown below:
Those who withdraw before the start of the semester will be refunded all fees paid less administration costs
For those who withdraw after the semester has started, the following fees will not be refunded: registration, student identification card, students union,
Tuition fees and other refundable charges will be subject to the following refund criteria, 75% refund during the first week of the semester, 50% refund during the second week of the semester, 25% refund during the third week of the semester, and No refund after the fourth week
Where a student is discontinued on disciplinary or on academic grounds, no refund shall be made for the semester he/she was discontinued.
Where a student is discontinues due to personal reasons or transfer to another institution during the semester, a refund of tuition fees will be done on prorata basis.

Note: i) All those withdrawing their enrolment must complete the clearance process within one week otherwise they shall be deemed to have continued with their studies.

ii) The mode of refund shall be by cheque

iii) Students are allowed to pay fees in advance. However, the advance payment will not exempt any student from meeting the fee changes effected from time to time as new fee payment rates are released in the intervening period.