Payment and Refund Policy
How to secure a place, when payments are due, and what is refunded if plans change. The key terms are summarised first; the full policy follows.
The key terms
Advance to secure a place. Places go in order of payment.
Balance, due no later than 2 months before your slot begins.
Notice needed to transfer to another slot or student at no charge.
Working days to pay an approved refund, to the original payment method.
What is retained depends on when you tell us
Cancellations must be made in writing by email to hello@e47ventures.com. The bar shows the share of the total fee retained at each point.
- Stage 1Before the final payment deadline20%retained
The 20% advance is retained. Nothing further is owed.
- Stage 2After final payment, more than 30 days before the start35%retained
35% of the total fee is retained. The rest is refunded.
- Stage 3Within 30 days of the start date50%retained
50% of the total fee is retained. The rest is refunded.
- Stage 4No show, or leaving after the programme begins100%retained
No refund.
At the PKR 127,500 early bird fee
Balance not paid by the deadline, or cancelled before it
- E47 retains
- PKR 25,500
- Refunded
- PKR 0
Paid by this point: PKR 25,500
Cancelled after full payment, 31 or more days before the start date
- E47 retains
- PKR 44,625
- Refunded
- PKR 82,875
Paid by this point: PKR 127,500
Cancelled within 30 days of the start date
- E47 retains
- PKR 63,750
- Refunded
- PKR 63,750
Paid by this point: PKR 127,500
Securing a place
A place is confirmed on payment of a 20% advance of the programme fee. Places are limited and allocated in order of advance payment.
Final payment
The remaining 80% is due no later than 2 months before the start date of the student’s selected slot. If the final payment is not received by this date, the place is released and the advance is not refunded.
Cancellation by the family
All cancellations must be made in writing by email to hello@e47ventures.com.
- Before the final payment deadline: the 20% advance is retained; nothing further is owed.
- After final payment, and more than 30 days before the slot start date: 35% of the total fee is retained and the remainder refunded.
- Within 30 days of the slot start date: 50% of the total fee is retained and the remainder refunded.
- No show on the start date, or leaving the programme after it begins: no refund.
Transfers
A student may move to another slot, or pass their place to another eligible student, subject to availability, without a cancellation charge, if requested at least 30 days before the slot start date.
Cancellation by the organiser
If the programme or a slot is cancelled or postponed by the organiser, including for weather, flight or road disruption, families may choose a full refund of all amounts paid or a place in another slot.
Discounted fees
Where a discount or waiver applies, all percentages are calculated on the fee actually payable.
Refund timing
Approved refunds are paid within 15 working days to the original payment method. Bank or transfer charges, including international transfer fees, are borne by the recipient.