Education Loan of 40 Lakh ,Is it worth it or not? Can you repay Education Loan in Australia?
Vložit
- čas přidán 28. 08. 2024
- So if you are planning to take an Education Loan to study in Australia and you are wondering if it is worth it or not then this video will solve all your doubts and help you to make a decision.
So if you are planning to come to Australia as an International Student, I hope this video will be useful for you in some way or the other.
Disclaimer:
Please note, I am NOT an immigration consultant. I am NOT a financial advisor. I am NOT affiliated with any government organization. Any information shared in this video is based on my own experience, opinion, and research and hence should not be considered legal advice. I assume no liability for how the information in this video is used or interpreted and hence take no responsibility for any decisions that are made with regards to your application or life based on the information shared in this video. Your commitment to your application or life is critical so please do your own research before making any kind of decision. I am just a random guy on youtube sharing my experience.
#australia #newzealand #standupcomedy
#canada
Students taking loans often use them to show funds rather than utilizing the entire amount. The interest is calculated based on the disbursed amount, not the sanctioned amount. For example, if someone takes a 40 lakh loan but only disburses 10 lakh, the interest is applied to the disbursed 10 lakh, not the entire sanctioned amount.
Yes i got that Point , but most of the people from tier 3 cities who have not that spending capacity they end up taking full loan of 30-40 lacks and on that amount they have to pay a huge interest .So for that i have made a video that if you want to come at-least save 30 % of the money so rest 70 you can take a loan and save some money on interest.
Pr bro muje australia ana hai masters ke liye mere pas funds nhi hai bilkul bhi chota amt jaise 5-6 lacs ho sakta hai usse zyada nhii isliye complete loan hi lena odega 😓😓
Suppose you take 30 lakhs. You will get sanctioned letter of 30 lakhs but for first 6 months, the fees would be 7-8 lakhs..
So the bank would disbursed 7-8 lakhs and the intrest will be liable on that 7-8 lakhs and not on the complete amount you have taken.
@@janardhanconsultant bro can u share ur insta or whtsapp i want to talk plz
@5minHeaven - there is nothing wrong in taking full amount as a loan. Mostly students take loans to show this money as their living expenses. Mostly, parents don't have 35-40 lakhs.
This will be soo helpful for the the upcoming intake students. Kuddos to your good work bhai✨⚡
Thanks a ton
Really great video, it summaries whole education system in Australia as well as gives the perspective for them who wants to come just after graduation.real eyeopener, keep doing.. great work
Glad it was helpful!
Power Level Editing 🔥🔥
thanks
Very very insightful!
Must watch video for students planning to study abroad.
Good job Puru!👏
Thanks a lot 😊
Good Information 👍 Keep making such videos 💯
Thank you, I will
Thank you for making this informative video. It will help a lot of students in their decision making.
Glad it was helpful!
Keep going on buddy❤
Thanks ✌️
Amazing work Bhai 💯
Thank you so much 😀
Very well said bhai such a nice person and heart you have
Thankyuu
Great initiative 😊
Thank you 🙂
Great Going,, Keep the good work going,,
I will try my best
EYE OPENER
Bhai no bank is giving, is HDFC credila acceptable?
Yes I think
Thank you. Great job
Thanks for watching!
Very useful info bhaiya
Thanku sir
Sir I've completed Bsc chemistry in India And for master's degree in chemistry field such as food science, public health, green chemistry and safety environment etc. Is it worth to take loan of 30 lakh INR and It will be paid off or not?
Food Engineering is a good field. Try to save some money like 5-10 lakh , 20 lakh is good , it would be Good ROI
@@purushaarthkumar can we connect on whatsapp or Instagram plz?
Nikunj broo plzz can u share ur contact i have also completed the same and trying to pursue something in aus
Very good information ❤
So nice of you
Hi Purushaarth, how's Global MBA of Uni of Newcastle? It has MS in business analytics and International Business, so is it worth it?
Don't go for MBA from Australia , its a waste , please avoid
Business Analyst is still better
Sir u give us useful information
So nice of you
Bro but what about those who gets scholarships from their tution fees in this case the amount might get reduce from the actual tutuion fees like australia do provide 100%, 50% and 20-30% scholarship depending upon individual grades and performance, so what in this case should we take loan for the remaining amount??
For instance, if you receive a 50% scholarship and then another grant that reduces your tuition to 20-25 lacks, that is wonderful news because the cost of an MBA or a master's degree in India is the same.
Then acquiring a degree from Australia is worthwhile.But if getting your degree after receiving a scholarship also costs you more than 35, it is not worthwhile.
i will explain you the whole maths, contact me on Purusharth02@gmail.com
If it worth it to take 40 lakhs loan for masters mba is there any scope?
Nope
Sir nice to meet u personally
Same to you
Is it worth to take 40 lakh loan for the master of pharmacy from griffith or curtin university? Plz answer
Bhai leliya apne mai b pharmacy kar rha hun m pharmacy karni hai
Eslea mai masters ke liea ni ja raha already 3-4 saal experience in IT, abb PR karenge hum ya work visa ke liea apply. Loan toh wahi le jo aaram se save kare or loan utaar de.
Exactly
Is it worth it to take 40 lakhs loan for Master of Business Information Technology from RMIT university the total fees is showing as $91,200 could you please advice
According to my opinion no
I got an offer from University of south australia for bachelor in business degree.I got a scholarship of 30% as well but still I will have to take a student loan of 25 lacs...shall I prefer it?
See if your getting scholarship and after that the loan is 25. lacks then its ok.
Bro is it worth to take 40 lakhs loan for Master of Advanced robotics and Artificial Intelligence from QUT australia?
Nope
Good job bro
Thanks
bro if we have taken loan of 50lakhs, is it enough to show funds, or we should show some money in bank statement
SHOW SOME MONEY IN BANK STATEMENT
Hey i got an offer letter from masters in nutrition from Deakin University so is it worth it to take a loan of about 50 lakh or i should wait for more universities
Get a scholarship, Don't take this big loan
got an offer letter from Master of business analytics course in university of Western Australia and qut .is it worth to take 70000aud loan ???
Nope
Hello sir
Is it worth taking up loan of 40 Lakhs for Masters in Counselling Psychology at Monash University?
Also do you have any idea as to what is the scope of the same field in Australia?
No
Bhaiya is woth it to take 40 lakh loan for the master of pharmacy? Please reply bhai 😢
Nahi bhai
@@purushaarthkumar bhai why
@@purushaarthkumar 40 lakh to waha koi part time job karke waps ajenge
Bro, I got an offer alongwith with 30% Scholarship from University of Adelaide for Masters in Computer Science & have job experience of 2.5+ years in IT. But I still feel that it will be worth it, what you say!?
Whats the total fees
@@purushaarthkumar Its around ₹38 Lacs after scholarship.
Is it worth it to take 50 laks of loan for master of nursing in Australia??
Yes, A lot of money is nursing
What if you are taking 35lakhs education loan to study bachelors in australia
Its still ok..
Masters in environmental engineering from the University of Wollongong, whether is it worth taking a 56000 AUD loan on tuition fee?
See whats the job prospect
U r right
Thanks
Bro I have graduated with Bachelor in engineering and have 2 years work experience. I am planning to study in my dream countries USA or NZ for 1 year duration course. Should I move forward ? I want your suggestions on this.
If you are planning for 1 year , why not UK
@@purushaarthkumar UK is best option but the loan I've to take is much. Is there gurantee of clearing it after studies ?
Dual Master’s Degree in Master of Global Business and Master of Management from Monash University Australia. Is it worth ?
Yes it is but pura business centric degree mat kro , thoda sath mai analytics dekho
Is 60 lakh worth it for Bachelors in Computer Science from University of Adelaide (Part of G08) ?
No
@@purushaarthkumar what University should I look as alternative?
Master of business analytics in University of Wollongong is it worth it bro?
yes its worth it.
Bro if i selected in top 200 ranked uni for ms in data science then 40 lakh loan worth it in either usa or aus
Bro Contact Here Purusharth02@gmail.com, will book 1 on 1 consultation
Bro Masters of professional accounting from Western Sydney university without education loan is it worth ????
Bro can I talk to you in personal if you're on insta or telegram , it would be a great help plzz🙏
Bro you can book a consultation call for 30 min by E-mailing me on Purusharth02@gmail.com
consultation charge - 500
Master of supply chain and logistics management from Rmit what about this course...?
Amazing Course.
@purushaarthkumar is it worth to take 25 lakh loan because I have savings 15/16 lkh which is 7/8 months old...?
Like job prospective?
Future growth?
Hii brother, As have 2 years of experience as Java developer im 25 and i dont have great package tbh it is under 4 LPA and im thinking To do Master or diploma in Project management or Data analysis and have searched some Uni deakin University or RMIT uni but both have close to 80000$ for 2 years MBA
Is it a good idea to do from Australia with students loan?
Avoid it , Try to get a good package in India , agar vo nhi ho rha toh germany dekho bcz 50 lakh ka loan lena nahi banta
@@purushaarthkumar if I pay one years fee and comes to Australia can I pay 2nd years fee by doing part-time as well as full time in holidays if fees is around 60000 Aus??
Excellent
Thanks
Is it a good decision to take 40 lakhs loan for Msc in structural engineering from Uni of Leeds uk ?
Nope
@@purushaarthkumar any specif reason ?
Bhai Return on Investment Kaise nikalongey? 2 saal kai post study work visa pai@@ravikamboj007
bro master in civil enginering worth it
Yes if you want to go to construction , one of the most amazing field
Is bsc in dental technology/bsc in prosthetic dentistry (dual degree) worth it
Anything in Dentist is Good
@@purushaarthkumar thank you
Sir, canada jayeh kya fir?
yes
2 to 3 years me kitna bacha loge bhai
Bhai Try krunga jitna bacchey utna theek
Nice
Thanks
Is it worth to take 40 lakh loan for masters in mining engineering from curtin University without considering scholarships
Yes for mining 100 % yes , its just if you can save 10-12 lakh and then come and take a loan of 28-30 lakhs that would be better , lower the amount of loan , easier hoga apko pay back krne mai
What if i wamt to contact you and have a personal chat or email or even call as you are comfortable
Yaya Sure, You can Email me at Purusharth02@gmail.com