What is the meaning of "but not later than three years"?
I'm thinking that "not later than three years" means not more than 3 years, is that correct?
Full sentence:
The Awardee is required to get admission and registration for regular and full time M.Phil./Ph.D. course in a University/Institution/College recognized by UGC at the first available opportunity but not later than three years from the date of issue of this award letter. University/Institution/College is requested to process for award of JRF based on this letter, in accordance with the procedure available on www.ugc.ac.in/netjrf.