he transition from 'Pre-commencement' to 'Post-commencement' is where most students get confused. If you withdraw after classes start, you’ll need 'No Dues' clearances from various departments (Library, IT, etc.) before they process the refund. It usually takes about 15 days, so keep a buffer for your next college's fee deadline.

This is such a crucial document for anyone juggling multiple offers. NMIMS usually follows the standard UGC 5-tier refund system, but they are very particular about the 'formally-notified last date of admission.' Always double-check that specific date in your offer letter it’s the anchor for every percentage calculation

 For those worried about the ₹25+ lakh fee, remember that the UGC mandates a full refund (minus a ₹1,000 processing fee) if you withdraw by 31st October 2026. After that, the deductions start getting steep. Don't wait until the last minute if you've secured a seat elsewhere