Prakash Secondary & Higher Secondary School has set an example for other self-financed schools by refunding the caution money which had been collected from the students during the time of admissions. The amount collected in the current session towards caution money was 10,000. The caution money is generally collected as a security for the tuition fee of a year. If a student fails to deposit his tuition fee, the same can be adjusted against the caution money. However, this is to be refunded once a student leaves the school.
Source: http://goo.gl/O93r5c
