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  #1  
3rd November 2016, 05:13 PM
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Is saving Rs. 3 Lacs per year enough to send my son Abroad for MS course?


I am a teacher and I want my son to go Abroad for his MS course. I am saving Rs. 3 Lacs per year from now as he is in 2nd year of his B.Tech. Can this saving is enough to do MS in Abroad? Please guide me.




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  #2  
4th November 2016, 07:17 PM
Saikiranreddy47475
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Join Date: Jul 2013
Posts: 14,288
Default Re: Is saving Rs. 3 Lacs per year enough to send my son Abroad for MS course?

No, saving Rs.3 lakhs per year is not enough to send your son Abroad for pursuing MS course. To pursue MS course in Abroad Universities, the minimum expenses including tuition and living expenses will be nearly Rs. 20-25 lakhs. So, if you save 3 lakhs per year from now, you will have 9 lakhs after completion of his B.Tech course. In this case, you can take an education loan from any bank to send your son for pursuing his studies in Abroad.
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