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hi sir..... i got offer letter from university of Aberdeen for MBA..
and my expense cums to around 15lakhs incl...fees and living
expense...the banks will give me only 85% of the amount.... the rest 15%
i have to put from my hand..... my doubt is ???? this 15% means i have
to contribute balance amt for my living expense right??? 85% will fully
cover my college fees right???? so after getting my visa can i withdraw
that 15% from my loan amount???? please help me... and the interest of
the loan will not charged during the course period right |
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Asked by Alen88 - In Student Loan -
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Answer (
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Whatever amount you are going to claim for education loan that include expenses like fee, residential expenses, book, laptop, instrument, traveling (that may vary from bank to bank).Bank will give you only 85% of it's total amount.ay for example if your bank is going to consider only fee and residential expenses then you will get 85% of that and there is no question of traveling expenses, that you have to arrange yourself
The interest will start when you will sign the loan papers and accept the cheque of that amount
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| Reply by gupta - 303days 17hrs 57mins 58secs ago |
Votes of this Answer: 0 votes
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