The campuses of Singapore-based design institutes Raffles in India have shut down. The campuses are located in Bangalore , Chennai, Delhi and Hyderabad. The students were shocked learning the news and were nervous as they are in the middle of the academic year. They are left with no other option except to go all the way to Singapore to continue the course or take home a refund. According to sources, the conflict between the institute and Indian promoter might be the reason for the closure of all the Raffles colleges across India.
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Raffles institutions are run by EduComp-Raffles Higher Education Limited (ERHEL). The closure of Raffles was confirmed by Sunil Peters, Vice President of India Operations (Raffles). He announced that the campuses located in Bangalore, Delhi, Hyderabad and Chennai have been locked down.
The students who want to continue their course can go to other Raffles colleges. Raffles Entities will fund the initiative although the accountability rests with ERHEL. He assured that they would extend financial assistance to RMI employees.
One of the students expressed that she has decided to opt for a refund. She completed 15 months of the course and did not want to continue further in other Raffles colleges.
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One of the parents mentioned that they want to send their daughter to Singapore to complete the course to avoid the wastage of the academic year. However, the cost of living is high in Singapore which might drive them into financial trouble. She further added that Raffles assured that they would bear travelling expenses. However, it is tough to complete formalities for Visa.
Some of the parents revealed that they had paid Rs.15 lakh for the course and the institute assured a refund of Rs.10 lakh.