We are looking at a recession, if not depression. It will be hard for companies to hire people. We will be burdened by huge loans and no job at this young age. I suggest to join this year if vaccine is developed, else join next year.
What is your decision?
Poll check
Joining next year
Joining this year only if vaccine developed and situation controlled
I know adcom team is doing their internships and are a bridge between us and the AO for conveying all our concerns. Thanks a lot to them.
I just wanted to say that the issue of extension of date for payment doesn't resolve the real problem,i.e how to arrange such a huge sum of money without loan. I won't go to complain this anywhere, as I hope and believe that being an Institute of such repute, they will understand our concerns from various angles. No one is ready to lend an hand for such an amount during this period. If loan isn't being processed, it would be improbable to join this college of dreams. Though I don't have all the possible expertise and nitty gritties, I would be very thankful to NITIE management, if they would either:
(1) Reduce the 1st installment to that within 1 lakh, so that we can pay from our own resources.
(2) They keep Negotiating with SBI, NITIE to carry loan transaction online, and take an undertaking from us to pay the interest occurred till the day someone withdraws from his/her seat.
I think, the 1st step would really help ease the load, and is optimal.
All these concerns are because working hard for a year shouldn't go in vain, and poor yet brilliant students shouldn't be denied the chance to move up. And because I really don't want to miss the opportunity of joining a top-notch B-school like NITIE Mumbai.
Adcom has done all they can do. I know if I were in their position, there is this much that I can push. But, I would try again and again to push the concerns from an emotional point of view. These all I did were my concerns, none of this were complains.Thorough and quick and clear replies of adcom members in the Telegram group were really helpful a lot, that's what I felt. I am thankful to them about clarifying all the concerns within 4 days. Now, I will try hard for this ultimate challenge to pay the fees and mail the AO all my concerns with all the description
I went to Canara bank and SBI bank near to me. They said they cannot sanction loan within short time.
Another side SBI NITIE are asking us to visit Mumbai and only then they can sanction loan. What other students are doing? Is there any other way?