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I'm also an international and planning to take this loan. wow $1300/month for 20 years?! That's very high! How much salary would one need to live comfortably and still afford to pay this loan amortization? My biggest worry is the job market for internationals these days.. A job back home is just isn't enough to pay for $1300/month Thoughts ?
gateway10
Back to your original question, if you borrow the whole amount (with the current loan terms) and not pay a penny for 2 years. At the current rate (7.25%), you will have a monthly payment of 1300$.
R3 applicant here. F/27/710/5 yrs WE corp communications.
Have to say I'm really surprised by the fact that people are already getting interviews, that's really quick! Also, on the website, it says for R3 interviews begin on April 22nd. I assumed that was the date we start hearing.
So I'm curious as to what type of Darden swag folks have been getting. So far, Ive only received the black leather folder that we all got. Am I missing out on anything ?
So I'm curious as to what type of Darden swag folks have been getting. So far, Ive only received the black leather folder that we all got. Am I missing out on anything ?
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Is it real leather though... It stinks like cheap plastics...lol
I got an email last week from The Financial Aid office saying the international loan program "will bear interest at a rate of the United States Prime Rate Index plus Four Percent (4%)". Does someone know exactly what that really translate to currently?
I got an email last week from The Financial Aid office saying the international loan program "will bear interest at a rate of the United States Prime Rate Index plus Four Percent (4%)". Does someone know exactly what that really translate to currently?
Originally posted by hogann on 12 Apr 2010, 09:01.
Last edited by hogann on 12 Apr 2010, 09:21, edited 1 time in total.
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enny
Hi folks,
I got an email last week from The Financial Aid office saying the international loan program "will bear interest at a rate of the United States Prime Rate Index plus Four Percent (4%)". Does someone know exactly what that really translate to currently?
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I have a question regarding this loan. Does it provide any additional benefits in terms of tax writeoffs? 7.25% is extremely high for a loan. Student loans at most Canadian bank start around 4%. Or am I missing something?
On a second note I just signed up for Darden Days. Expedia has a 20% off sale on the DoubleTree right now if anyone is looking for a deal on the hotel.
I got an email last week from The Financial Aid office saying the international loan program "will bear interest at a rate of the United States Prime Rate Index plus Four Percent (4%)". Does someone know exactly what that really translate to currently?
I have a question regarding this loan. Does it provide any additional benefits in terms of tax writeoffs? 7.25% is extremely high for a loan. Student loans at most Canadian bank start around 4%. I don't see why anyone would choose this option unless they have bad credit?
Or am I missing something?
On a second note I just signed up for Darden Days. Expedia has a 20% off sale on the DoubleTree right now if anyone is looking for a deal on the hotel.
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I'm a Rd 3 Applicant. I thought I read somewhere that "Darden Days" is the weekend of April 24 (So it wouldn't apply to me)? If so, are they taking you to Foxfield by any chance? I live outside DC and have been to Foxfield twice...
Got my letter. No $. Really questioning how much I want to go to a school that doesn't have my specialty (marketing), but then I haven't gotten accepted anywhere else yet. Still WLed at Duke (my first choice) and USC... Might have to put it off for another year.
Those of you in the know - what are the odds of getting a deferral at Darden and what would constitute a good reason for them? I'm obviously not planning to lie about the reason why, but I don't want to end up looking stupid, either.
I got an email last week from The Financial Aid office saying the international loan program "will bear interest at a rate of the United States Prime Rate Index plus Four Percent (4%)". Does someone know exactly what that really translate to currently?
I have a question regarding this loan. Does it provide any additional benefits in terms of tax writeoffs? 7.25% is extremely high for a loan. Student loans at most Canadian bank start around 4%. Or am I missing something?
On a second note I just signed up for Darden Days. Expedia has a 20% off sale on the DoubleTree right now if anyone is looking for a deal on the hotel.
Show more
If anyone is planning to stay at the DoubleTree, use priceline.com. I've gotten rooms for $50/night at the Doubletree and I've heard of people paying $40/night. Go to their website and bid low for a 3-star hotel (you can't see the hotel) and you'll probably get the Doubletree. The Doubletree is a nice hotel, nothing fancy but nothing to sneeze out. The only difficulty (and the reason for the low prices) is the hotel has a difficult to find location.