Five-Year Assurance Plan (January 2024 to December 2028)
Once Applicant Organization (AO) becomes MS-CIT ALC then MKCL will give 5 years of assurance to that ALC.
Purpose for giving 5 years of Assurance to ALC
To give enough time for long-term business planning
To create perpetual Business Development
To create a sustainable Business Model
To create ALC Setup with all facilities
To create ALC Brand Name in their local area
To focus on a long-term Business association with potential learners & MKCL
Advantages of Five-Year Assurance Plan:
ALC will get conditional approval to run MKCL Courses for consecutive five years.
With this feature, ALC will get an assurance to get renewed for the next four years, irrespective of the fulfillment of admission criteria & other performance criteria.
Five Year Assurance Plan is subject to fulfillment of the following conditions:
ALC will have to follow the renewal conditions stipulated by MKCL from time to time.
ALC has to pay Security Deposit for five consecutive years.
ALC compulsorily need to pay the Security Deposit amount while getting renewed for the year 2024, 2025, 2026, & 2027.
During next five years, if ALC fails or is delayed to pay Security Deposit within the due time then his/her Authorization will get canceled automatically for the remaining period.
The Security deposit amount will be communicated from time to time by MKCL.
MKCL reserves the right to modify the terms and conditions without any prior notice and MKCL shall not be liable to anyone for any such modification/s
