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hello awl
i have applied for post graduation in george brown college and my total expence is $27000 CAD including FEEs my fees is $12000 CAD from which i had already paid $6101 CAD as a 1st sem fees. now i want to confirm that how much loan is sufficient for me? my consultant suggest me that i have to take a loan of 7.5 lac? is dis oka for me? or else i will go for a loan of 10 lac? please suggest me
the balance fees i.e. $6000 + $8000 + travel expenses will be sufficient. My case was the same I took a loan of 7.5 lakhs and had paid my first semester fees i.e. $6000.
So I think your loan should be minimum of Rs. 7,30,000 (according to my calculations)
I agree with what Walrus said, although taking a loan of 8 lacs is foolproof but in your case 7.5 lacs sounds fine. But yet try talking to your consultant as well.
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