Fund Management & Refund Policy

Event: Code & Chill – 24 Hour AI Hackathon
Organized by: Collabify LPU
In Collaboration with: Conclave Tech Media
Under Guidance: Division of Student Welfare (DSW) & Division of Student Organizations (DSO), Lovely Professional University, Punjab
Date: 27–28 February 2026

1Fund Management Policy

The organizing committee of Code & Chill – 24 Hour AI Hackathon commits to proper financial governance, transparency, and responsible utilization of funds in accordance with the event guidelines of Lovely Professional University (DSO & DSW).

1.1 Sources of Funds

  • Participant registration fees
  • Sponsorships (monetary or in-kind)

1.2 Utilization of Funds

  • Event kits, ID badges, and certificates
  • Speaker, mentor and judge hospitality
  • Branding materials and marketing outreach
  • Prize pool, trophies and recognition awards

1.3 Financial Oversight & Accountability

All major expenditures will be supervised by the core organizing committee and will follow DSO & DSW event conduct norms.

1.4 Surplus & Deficit Handling

Any surplus will be used only for future student technical activities. Any deficit will be borne by the organizing team and no additional charges will be collected from participants.

2Refund Policy

The registration fee is collected for logistics, materials, and operational arrangements and is treated as event commitment charges.

2.1 Participant Cancellation

Cancellation PeriodRefund Amount
7 or more days before event70% refund
3–6 days before event40% refund
Less than 72 hours before eventNo refund

2.2 Replacement Policy

Participants may transfer their slot once, at least 48 hours before the event.

2.3 Event Rescheduling

If the event is rescheduled due to university or government instructions, participants may attend on the new date or request a 100% refund within 5 working days of announcement.

2.4 Event Cancellation

If the event is cancelled by the organizers or university authorities, participants will receive a simple 100% refund within 5 working days.

2.5 Force Majeure

Full refunds apply in case of natural disasters, pandemic restrictions, or government orders.

2.6 Non-Refundable Situations

Refunds are not applicable for no-show, voluntary withdrawal during the event, or disqualification due to misconduct.

2.7 Refund Processing

Refunds will be processed to the original payment method within 5 working days after approval.

3Contact Information

Organizer

Collabify LPU – Code & Chill Hackathon