Need Urgent Financial Assistance/Guidance

[kevinUsa]

Need Urgent Financial Assistance/Guidance

Hello everyone, I am an Indian student pursuing my Master’s in Data Science in the US. I had taken an education loan of ₹50 lakh from HDFC Credila, but unfortunately, it is not sufficient to cover my tuition and living expenses. My university fees are $14,708 per semester, and my living expenses in California are quite high, with rent at $850 per month, plus groceries and other necessities.

I recently applied for a top-up loan from HDFC Credila, but it was rejected due to my parents being retired. I also tried ICICI and Tata Capital, but both applications were declined. Currently, I am paying my tuition fees in EMIs, but apart from my January EMI, the rest of my fees are still pending. I also need to arrange funds for my upcoming rent payment on March 1st.

MPower is offering me a loan of $10,800, but the interest rate is extremely high at 14%, making it difficult to manage in the long run. I have also reached out to my university’s finance department, but the loan options they provided require a U.S. citizen as a co-applicant, which I do not have.

I have been actively searching for an internship in my field to support myself financially, but I haven’t secured one yet. My situation is becoming increasingly difficult, and I am in urgent need of guidance.

If anyone has any suggestions regarding funding options, low-interest loans, or any other financial aid possibilities, please let me know. Any help or advice would be deeply appreciated.

Thank you in ad

vance!

[kevinUsa]

Is situation so dire ??

[psycontr]

5 minutes ago, kevinUsa said:

Is situation so dire ??

Yes bro dire situation, rent kuda cheap.

[Gorantlamdhav]

18 minutes ago, kevinUsa said:

Is situation so dire ??

veedu better 

na cousin okadu

big tv konnadu bedroom lo chudataniki

daily food ki time leka uber order chestadu

class is once week 

job cheyadaniki no time anta

insta lo followers ni penchadam lo time ledata

car konali bmw or tesla ani asking…

inka ardam chesko situation 

[kevinUsa]

7 minutes ago, Gorantlamdhav said:

veedu better 

na cousin okadu

big tv konnadu bedroom lo chudataniki

daily food ki time leka uber order chestadu

class is once week 

job cheyadaniki no time anta

insta lo followers ni penchadam lo time ledata

car konali bmw or tesla ani asking…

inka ardam chesko situation 

Rich emo

[jefferson1]

12 minutes ago, Gorantlamdhav said:

veedu better 

na cousin okadu

big tv konnadu bedroom lo chudataniki

daily food ki time leka uber order chestadu

class is once week 

job cheyadaniki no time anta

insta lo followers ni penchadam lo time ledata

car konali bmw or tesla ani asking…

inka ardam chesko situation 

what does he do all day?

[11_MohanReddy]

Single DB youth can help

[Deadp0ol2]

tough for new students. friends lo daanakarnulani vethukovadame. leda india lo properties ammukovaale

[Gorantlamdhav]

19 minutes ago, jefferson1 said:

what does he do all day?

fans ni penchutadu insta lo

[kiran1012]

39 minutes ago, Gorantlamdhav said:

veedu better 

na cousin okadu

big tv konnadu bedroom lo chudataniki

daily food ki time leka uber order chestadu

class is once week 

job cheyadaniki no time anta

insta lo followers ni penchadam lo time ledata

car konali bmw or tesla ani asking…

inka ardam chesko situation 

social media influencer is becoming one of top profession to aspire among new gen kids

[Chittoorodu]

College fees have sky rocketed - Think this 50 ~ 75 lacs loan would have balooned to 1Cr+ by the time he gets a full time job.

Spend 2+ years in OPT to payback your loan and start saving for your own after. Meanwhile you reach your 30's.

Sadly - Study in good colleges (High fee) are incentivized if you have parents who can pay the loan for you.

[Android_Halwa]

4 minutes ago, Chittoorodu said:

College fees have sky rocketed - Think this 50 ~ 75 lacs loan would have balooned to 1Cr+ by the time he gets a full time job.

Spend 2+ years in OPT to payback your loan and start saving for your own after. Meanwhile you reach your 30's.

Sadly - Study in good colleges (High fee) are incentivized if you have parents who can pay the loan for you.

There are colleges where you can get MS for less than 20-30 lakhs but iyalrepu poragallaki antha opika eda sachindi…

[Android_Halwa]

I know a guy who is doing his MBA finance in california and his university fees itself is 60 lakhs and anither 20 lakhs for living expenses…no mood to do any part times..ipuud final sem la vunnadu and seeeching for interships and jobs…ipudu vunna situation ki desi student ki finance la fresher ga job ante naaku doubt ae…

60 lakh loan, that too at 15% interest rate….epudu a appu teeredi? 

[Chittoorodu]

6 minutes ago, Android_Halwa said:

There are colleges where you can get MS for less than 20-30 lakhs but iyalrepu poragallaki antha opika eda sachindi…

Yep - Research chese time kuda ledu 75% of the MS students ki. They go to edu consultancies pay money and just wait for I20's sadly. Every one of my cousin who moved to the states all have colleges picked by consultancies in remote towns and no proper recognition except for 1.

Still remember - I had a total spreadsheet with Fee + Scholarship + COL + Timeframe and wrote my own LOR's and SOP's - Filled my own applications and wrote to Department emails for consideration. All 360 degrees.

[Chittoorodu]

10 minutes ago, Android_Halwa said:

I know a guy who is doing his MBA finance in california and his university fees itself is 60 lakhs and anither 20 lakhs for living expenses…no mood to do any part times..ipuud final sem la vunnadu and seeeching for interships and jobs…ipudu vunna situation ki desi student ki finance la fresher ga job ante naaku doubt ae…

60 lakh loan, that too at 15% interest rate….epudu a appu teeredi? 

I say this to every MS aspirant who isnt from rich family background. Daya chesi dont pick colleges in HCOL areas - you will suffer ani.

California ante - You are looking at $1k per month for expenses as student. Adi kuda if you are frugal.