Terms & Conditions for Live Project Stipends
- OysterConnect.com is not liable to pay student stipends unless the project is stipend protected.
- OysterConnect.com transfers money in the account for which details have been given in the student profile. OysterConnect.com is not liable for any discrepancy in the information there.
- OysterConnect.com charges 30% handling fee on stipends for Free Students
- OysterConnect.com does not charge any handling fee for paid members, however there could be small deductions in the following scenarios -
- When the mentor has deducted TDS on students stipends
- When the stipend amount is based on your performance during the project and performance parameters have not been met by you.
- When you have received more than Rs 30,000/- of stipends in a particular financial year via OysterConnect.com, then TDS will be deducted on further payouts