Fee Payment Schedule:
All the Fees can be paid in two installments.
The first installment (50%) of the fee must be paid on acceptance of offer or before the start of a Term (February, 2020).
The second installment to be paid within 17th August 2020.
The registration unit will issue a Fee Due Notification to all the students before a month for second installment payment.
Fee Payment Option and Penalties:
Payment of Fees may be made in any of the following options:
- Cash– Accounts Section, RIM Campus at Simtokha, Thimphu
- Cheque– should be drawn in favor of “RIM Fund”and delivered to Accounts Section, RIM Campus at Simtokha, Thimphu. Cheque collection charges (if applicable) must be paid / borne by the Payer.
- Direct Transfer / Deposit into RIM’s BOB Account No.: 100502451, Thimphu Branch. Please quote your Name, Course in the sender/depositor’s address (e.g Dorji Pem, PGDFM). The counter-foil of the deposit slip or transaction slip copy (MBOB) needs to be scanned and emailed with reference to your details to firstname.lastname@example.org or email@example.com.
Note: Money Receipts will be issued only upon confirmation of the TT receipt/deposits with RIM bank account.
In order to ensure that fees are paid within the set timelines, penalties will be charged for late payments beyond the deadlines set, as following:
|Late Payment||Penalty Amount (Nu.)|
|Within the 7 calendar days following the last day for on-time fee payment||Nu. 1250|
|Within 8-14 calendar days following the last day for on-time fee payment||Nu. 2500|
|From the 15th calendar day to the 30th calendar day following the last day for on-time fee payment||Nu. 2500 + Nu. 250 per day of delay starting with the 15th day|
|Beyond 30 calendar days following the last day for on-time fee payment||Students will not be allowed to attend classes|