Fees will not be refunded if a student withdraws after the program has commenced, study notes have been dispatched or student access to Subject Rooms has been activated, except under the following circumstances; where the student’s application for enrolment is declined by the ICMA, where by reason or reasons beyond the student’s control, including acts of government authorities, civil strikes and riots, the student is prevented from studying a module or subject, where the ICMA cancels a module or subject in which the student has enrolled or where the commencement of the module or subject is postponed for more than four weeks.