After the “Research and Customer Development” session, if you cannot finish the program for personal reasons or get dropped by the Founder Institute, you can use your already paid Program Fee towards a future cohort of the Founder Institute in the same city, so long as that program begins within one calendar year of the start date of the program you dropped out from. If the Course Fee for the new cohort is significantly higher than your original cohort, FI reserves the right to require you to pay the difference in order to enroll in the new program. However, we will not refund the difference if the Program Fee of the new cohort is lower.