What will the recourse be should students receiving either FCS or PCS funding fail to complete the d

By accepting FCS or PCS funding from the NRF, the student agrees to complete the degree in the stipulated period i.e., within a year after NRF funding has ceased. Failure to meet this commitment, especially if it is determined that it was due to negligence, would constitute a breach of contract and students must return all the monies paid to the NRF together with interest at the prevailing prime rate charged by the NRF bankers, unless a de-registration is approved by the NRF due to exceptional and extenuating circumstances.