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If you remove yourself as a sponsor after your application has been approved, you will not be eligible for a refund.
You can attempt to request a refund from the organizer, but only within 30 days of your sponsorship application being approved. Granting a refund in this case is done at the organizer's discretion.
You will not be able to request a refund from the organizer if more than 30 days have passed since your application was approved.