Terms & Conditions for Availing Cash Rewards

  1. The Cash Reward program is an initiative by VMC to recognize and encourage outstanding performance by its enrolled students in national-level entrance exams such as JEE Advanced and NEET.
  2. Rewards will not be applicable if a student discontinues their course before the declaration of results.
  3. To claim the reward, students must submit their roll number/application number, a recent passport-sized photograph, and a testimonial(written and video) to their respective VMC Centre within the specified deadline.
  4. The Cash Reward scheme is applicable to students enrolled in any of the Regular VMC Classroom Courses, Integrated School Programs, or Correspondence Courses for JEE Advanced or NEET.
  5. Rewards are granted only to students who secure ranks in the General Category Merit List of JEE Advanced or NEET.
    • Note: Students ranked under reserved categories (e.g., SC/ST/OBC/EWS) will be considered only if they also appear in the General Category Rank List.
  6. Cash Rewards will be disbursed in four equal annual installments over the course of four years of study at IITs, NITs, or other recognized engineering/medical colleges.
  7. Eligibility for the Cash Reward is subject to maintaining the following attendance criteria:
    • Classroom Course students: Minimum 90% attendance till the end of the respective course.
    • Correspondence Course students: Must have taken a minimum of 90% of the All India level tests and attended at least 80% of Booster Classroom Sessions.
    • Students must not share their achievements (including ranks, scores, or selections) with any other institution, nor provide their photograph, testimonial, or participate in any offline or online promotional event of any other educational institute or coaching centre.
  8. The first installment of the reward will be disbursed within a few weeks after the declaration of results (JEE Advanced / NEET). To continue receiving further installments, students must meet the following academic performance criteria:
    • Achieve a minimum of 85% marks or a CGPA/Grade Point of 8.5 or its equivalent, as per the standards of the enrolled university/college, in each semester.
    • Proof of academic performance (mark sheets or transcripts) must be submitted annually.
  9. The Cash Rewards policy is subject to change, modification, or discontinuation without prior notice, at the sole discretion of VMC Management.
  10. Decision of VMC Management in all matters related to Cash Rewards shall be final and binding.