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how much money is for loan required?

geetdhillon

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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
 

IamTheWalrus

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Jun 2, 2011
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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)
 

adorable

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brothers i am from pakistan, graduate

suggsst m shld i go for post grdte or undrgrdte or diploma,
 

geetdhillon

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for masters :D or for post graduate as per my opinion rest is upon u dun go for undergraduate
 

ad singh

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geet is your course for two years or one year .. ??
 

geetdhillon

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for 1 year with co-op
 

royalsting

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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.