Refund Policy

Adam have signed up for Full Stack Academy Program which cost IDR 44,000,000 (including Tax of 10%). The deposit fee is 10% of the total amount excluding the Tax. The student has paid the Full Stack Academy Program fee to the school in full (IDR 44,000,000) through bank transfer on the day of the signing of the Academy Enrollment Agreement.

Adam decides to withdraw 1 day after signing the Academy Enrollment Agreement due to unforeseen circumstances and requested for a refund.  The following is an illustration of how we would calculate the total amount of refund based on the schedule above:

• Step 1, calculate the school fee excluding Tax: IDR 44,000,000 – (10% tax) = IDR 40,000,000
• Step 2, calculate the deposit fee that is not refundable : IDR 40,000,000 x 10% deposit = IDR 4,000,000
• Step 3, calculate the amount of refund assuming the student has paid in full:  IDR 44,000,000 – IDR 4,000,000  = IDR 40,000,000

Therefore, the total amount of refund the student is eligible to receive is IDR 40,000,000. The amount will be transferred to the student’s bank account within 30 working days from the date of when the school receives the withdrawal request.

Shelly have signed up for Full Stack Academy Program which cost IDR 44,000,000 (including Tax of 10%). The deposit fee is 10% of the total amount excluding the Tax. The student has paid the Full Stack Academy Program fee to the school in full (IDR 44,000,000) through bank transfer on the day of the signing of the Academy Enrollment Agreement which is July 1st. The program is scheduled to start July 7th.

Shelly decides to withdraw 5 days after signing the Academy Enrollment Agreement on July 6th due to unforeseen circumstances and requested for a refund. Note that the program has not yet started but the Enrollment Withdrawal Period has passed (within 2 days after the Academy Enrollment Agreement signed). The following is an illustration of how we would calculate the total amount of refund based on the schedule above:

• Step 1, calculate the school fee excluding Tax: IDR 44,000,000 – (10% tax) = IDR 40,000,000
• Step 2, calculate the fee to school that is not refundable: 50% x IDR 40,000,000 = IDR 20,000,000
• Step 3: calculate the total amount to be refunded to student: IDR 40,000,000 – IDR 20,000,000 = IDR 20,000,000

Therefore, the total amount of refund the student is eligible to receive is IDR 20,000,000. The amount will be transferred to the student’s bank account within 30 working days from the date of when the school receives the withdrawal request.

Gaery have signed up for Full Stack Academy Program which cost IDR 44,000,000 (including Tax of 10%). The student has paid the Full Stack Academy Program fee to the school in full (IDR 44,000,000) through bank transfer on the day of the signing of the Academy Enrollment Agreement which is July 1st. The program is scheduled to start July 7th. Note that the duration of the first week program of Full Stack Academy is 4 days.

Gaery decides to withdraw 3 days after the start of the program on July 10th due to unforeseen circumstances and requested for a refund. The following is an illustration of how we would calculate the total amount of refund based on the schedule above:

• Step 1, calculate the school fee excluding Tax: IDR 44,000,000 – (10% tax) = IDR 40,000,000
• Step 2, calculate the first week fee to school that is not refundable: 50% x IDR 40,000,000 = IDR 20,000,000
• Step 3: calculate the total amount to be refunded to student: IDR 40,000,000 – IDR 20,000,000 = IDR 20,000,000

Therefore, the total amount of refund the student is eligible to receive is IDR 20,000,000. The amount will be transferred to the student’s bank account within 30 working days from the date of when the school receives the withdrawal request.

Tago have signed up for Full Stack Academy Program which cost IDR 44,000,000 (including Tax of 10%). The student has paid the Full Stack Academy Program fee to the school in full (IDR 44,000,000) through bank transfer on the day of the signing of the Academy Enrollment Agreement which is July 1st. The program is scheduled to start July 7th. A total number of days for this program is 56 days. Note that the duration of the first week of the Full Stack Academy program is 4 days.

Tago decides to withdraw 29 days after the start of the program on August 5th due to unforeseen circumstances and requested for a refund. The following is an illustration of how we would calculate the total amount of refund based on the schedule above:

• Step 1, calculate the school fee excluding Tax: IDR 44,000,000 – (10% tax) = IDR 40,000,000
• Step 2, calculate first week fee that is not refundable: 50% x IDR 40,000,000 = IDR 20,000,000
• Step 3, calculate number of days student attended after the first week: 29 days – 4 days = 25 days
• Step 4, calculate number of days left in class after the first week: 56 days – 4 days = 52 days
• Step 5, calculate the number of days remaining that has not been taken by the student: 52 days – 25 days = 27 days
• Step 6, calculate the proportion (%) of remaining days that has not been taken by the student after first week: 27 days / 52 days x 100% = 51.92%
• Step 7, calculate the total remaining fee after the first week: IDR 40,000,000 – IDR 20,000,000 = IDR 20,000,000
• Step 8, calculate the refund amount after the first week by multiplying the proportion (%) of remaining days of classes not taken after first week with the total remaining fee portion after first week: 51.92% x IDR 20,000,000 = IDR 10,384,000

Therefore, the total amount of refund the student is eligible to receive is IDR 10,384,000. The amount will be transferred to the student’s bank account within 30 working days from the date of when the school receives the withdrawal request.