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College fee from Loan or Saving

gurdeep915

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Aug 10, 2012
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Pls tell me guys i wil apply under non-spp so wt is the right way to pay my college fee from bank loan or frm my saving account?
 

RNK

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bro its very clear about non-spp
its obviously from bank loan(general category non uni )
 

dineshonnet

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Jul 20, 2012
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RNK said:
bro its very clear about non-spp
its obviously from bank loan(general category non uni )
cant we pay 1st sem free from savings and have remaining fee and $10000 as a loan.
beacuse in case of 1year course, which bank will give full loan to a student as bank always keep a margin.
 

adi9771

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dineshonnet said:
cant we pay 1st sem free from savings and have remaining fee and $10000 as a loan.
beacuse in case of 1year course, which bank will give full loan to a student as bank always keep a margin.
Hey Mate.. for general category rules are different. so,you can pay whole fees through loan. no problem with that.
 

RNK

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i dontknow much about bank loan bro, better explain them your condtion with some docs.
i think u can pay from ur savings the full 1 year fee. and which category ur applying?
 

dineshonnet

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Jul 20, 2012
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adi9771 said:
Hey Mate.. for general category rules are different. so,you can pay whole fees through loan. no problem with that.
there is a problembrother, i am in a 1year course and new checklist says to get loan sanctioned for first year.
we cant loan sanctioned for whole of the expenses written ton offer letter bank maintains a margin.

for eg. my fee is $17000 and $10000 as living = total $27000
but no bank in india will give a loan of full $27000 as they want us to spend something also.
they need a margin of 20%. what shall i do..
I am applying under general category.
 

adi9771

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dineshonnet said:
there is a problembrother, i am in a 1year course and new checklist says to get loan sanctioned for first year.
we cant loan sanctioned for whole of the expenses written ton offer letter bank maintains a margin.

for eg. my fee is $17000 and $10000 as living = total $27000
but no bank in india will give a loan of full $27000 as they want us to spend something also.
they need a margin of 20%. what shall i do..
I am applying under general category.
If you are applying through general category then why are you checking spp rules.
If its written on your offer letter then you will get loan of that amount.you don't want to spend a single peny from your pocket and completely depend on the bank, how will you survive there that way?? because its true no bank will give you loan for everything you do after going there.
 

dineshonnet

Star Member
Jul 20, 2012
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adi9771 said:
If you are applying through general category then why are you checking spp rules.
If its written on your offer letter then you will get loan of that amount.you don't want to spend a single peny from your pocket and completely depend on the bank, how will you survive there that way?? because its true no bank will give you loan for everything you do after going there.
Sir, you mistook me OR i am not able to express my problem, I am not going to use anything from loan, but the thing is that according to general checklist we have to get loan equal to frist year fees and $10000, which is exact amount wriiten on offer letter, now bank will not give me loan of exact amount written on offer letter. How will i get a loan equal to first year fee and $10000 for living.