Education Loan of 25 Lakh for Canada, Is it worth it or not? Can you repay Education Loan in Canada
ฝัง
- เผยแพร่เมื่อ 5 พ.ย. 2022
- So if you are planning to take an Education Loan to study in Canada 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.
Instagram: / gursahibsingh_ca
So if you are planning to come to Canada 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.
Fun Fact: In Reality, Rohit's real name is Gursahib and he worked 70 hours/Week in Scheduled Break, Worked On-Campus as well, Worked extra during Reading Weeks, and Got a Field Job paying way more the $20/Hour. Bas Co-Op nahi thi. Ab Sohit kaun hai, ye mat puchna 😀
Very helpful video 🙏
Gursahib provides the most effective advice for new comers and students.
Ok so gursahib was the smart guy
Co-op mujhe bhi nahi jis course me mila tha wo utna achha nahi tha
Sir make a videp on humanities students please🙏 its a request
Really appreciate your efforts and affection for us. Always provide helpful videos and never fails to give great advices. Thank you so much sardar jii ❤❤❤
Luv u bro
Kafi kam kaam ki vid hoti hai is topic pe
Sirra galbaat bai...akhan kholan wala video hai .. reality dassan lyi thanks
Ye information bilkul thik h. But kabhi bhi sab kuch 100% plan ke hisab se nhi chalta.. chahe jitna hi phle plan kr lo or save krne ka soch lo... Bahut problems ati h, especially agar koi relative Canada mei na ho.. unexpected problems kabhi bhi aa skti h.. yaha Ane ke baad life bilkul smooth nhi jati plan ke hisab se.. maybe kuch ke life aisi ho, but majority don't. Everything does not always goes as planned. Even if you are sincere, smart and intelligent. And that is what makes these sincere kids go into depression.
kaka, u r simple amazing. bhut sahi jaa rahe ho, keep moving, u have very bright future, God bless u.
Thank you!!
Perfectly discribe
May god bless you always
Yarrr very nice video bohot hi acche se explain Kiya hai or students ko bohot hi useful rehti hai information ✨👍
Well this is motivation for me and shear guidance to what things need to do before - after reaching any country as an international student
Hi Gursahib,
I admire your work. You not only motivate your viewers but also share real facts.
I have a small query, in one of the previous videos you had mentioned about saving the entire GIC amount.
Can you make a video about How to save GIC so that you can use it post your studies?
Thank you.
By doing part-time we can save our GIC amount
you can invest your gic in stock market every month
Thank you veerji bahut helpful he ye video❤
veer g tuc bohat vdia nollage wali videos banade hoo thank you so much brother
Bro first of all thank you for explaining everything but i just want to let everyone know that you can plan whatever you want but reality is that things will be completely different here, specially the expenses and job due to inflation rents have touched sky even in sharing students are paying 400-500$ and with this much of rent there’s no chance that you can maintain your expenses under 1000$ plus here you never know anytime any expense can occur so you have to be ready for that as well and talking about wants this is the same guy who told everyone then for winters get a good jacket, snow boots etc etc. and these things are definitely not free and the last thing i wanna mention is job because of inflation no employer is giving you good hours some might give you 25 or 30 but no one gives you 40 but yeah exceptions are always there, so just a heads up that watch whatever you want grab maximum information but be ready to face the reality which is completely different.
And I’ve wrote this from my personal experience thank you.
Thanks for the reality check
Bhiya can u help me ... Plz give me your insta I'd plz don't ignore
canada is not worth
This is an amazing video because i have witnessed such a case. So when he says about worst case scenario, it is important for people to be ready for that because thats a practical approach everyone should follow... Kuch kaam nhi banra ya mushkil se banra hai, then you are already prepared for that. And agar kaam acha ban jata hai, then you will be happy along with your family in india... Again... PRACTICAL APPROACH
Gay she ram
I saw ur vedios sir it's really informative and the way u explain is amazing
Thank you so much for explaining each and everything ☺️
Most welcome 😊
Rohit Is Gursahib!! ♥️😅
P.S :- Bro Australia vs Canada Comparison Video As well Please!
very honest information Paaji 🙏
I am very thankful to you sir because this video totaly changed my mindset about canda
I am 25 years old girl
I have done bachelors in computer applications
I have 2 years of experience working as an software engineer
I am consistently working on my skills
I have friend in Canada
I would love to put myself in best case scenario
Awesome… what clearrrr calculation… god bless you bro
informative vlog, thanks, wishing for your's bright future
Very informative video
Since I have saw various videos but this video is best
Thank you for this wonderful explanation!! ❤️
Lots of love ❤️
Thank you
Was eagerly waiting for this video🙏
👍🏻👍🏻
Gur paji so informative video
Thanks for the information sirji.
Each Semester Fee: CAD 8,000 (On Average)
Toal Fees of 4 Semesters: Approx. CAD 32,000
GIC: CAD 10,000
Flight Ticket: CAD 1000
Total: CAD 43000 = 25,80,000 = ~25,00,000
25 lakh ka kharcha jada hai itna nhi ata diploma ke case me 20 lakh tk ajata h or agle saal tk 21 hojega max
Bhai Rohit nei sem 3&4 ki fees nhi bhari thi kya? 😂
@@adhirajxsingh1 same
Bro u haven't added next 2 semester fees in rohit' case??
Sirji title mein repay ki spelling sahi krke ye comment delete krdena
Most Usefull Information
Thankyou For Sharing 😇♥️
Thanks bhai for good advice
Gursahib Singh ji kaafi informative video thi aapki, muje ek doubt aa raha h mai kaafi time se research kar raha hu courses ki and type only thesis and course based he h toh problem yh ki mai kaise differentiate kar paaunga ki yh course mera co-op based h ya nhi kuki university ki websites par aisa kuch mentioned nhi h
Sir. I love your videos..
But I want to ask one question that what should we learn in our laptop or computers that will be helpful in making assignment in canada.. Please reply sir..
❤❤
In Canada, many students prefer to use Apple products such as Mac laptops. In corporate enterprise world, they don't use Mac laptops; they use Microsoft Windows laptops. Many colleges would provide you with Office 365 either free because it is included in your tuition or at a discounted price. You should ask the admission office. Anti-virus software is usually free upon request from school's IT department.
Whatever u say it is all based on ur experiences n much practical ideas 👍
Badhiya video thi sir. Jo students canada aana chahte h vo soch samajh kar select kare apna course.🙏🙏
Sir ji tusi great ho. 🙏🙏🙏
Very very helpful video gursahib singh sir with Clear mind mapping, i have one question about paying tution fee for semister 3 and 4 bcz we only pay only for 1 and 2 semesters from India, so how to manage paying tuition fee with this planning. Can you please suggest any things....and thank you for this kind of helpful videos❤️
Bery imp questions
Hi Gursahib, would your calculations be the same if somebody is coming for an MBA program in universities like UAlberta or York. Because the program is expensive and very limited time for part time jobs due to the rigorous nature of the course.
I am also planning for Mba in Alberta ? I have also same query
Same for masters in engg.
Great information sir
Thank you so much brother 💖
Sir pls make video what is purpose of taking loan from banks
I agree with whatever you have said in video thanks a lot for that 🙏🏼🙏🏼 but if you can then please try to include an average case scenario also where person is hardworking but all the other factors like course with no break and no co- op and then not getting part time job and also not getting full time job easily coz at the lot of students are getting aware of the situation but because when people explain 2 drastic scenarios the they can't paint a realistic image in there head if you can then please make short video on it would mean allot thanks again for the efforts appreciate it allot 🙏🏼🙏🏼🙏🏼
What are his expenses like clothes for winter.. rent ...food medical .. reality is different..
@@katiedaruwalla681 20/ hour x 80 hours= $1600 dollars after taxes will be $1392 and the taxes will be $208 dollars your expenses will be $700 dollars room living with roommates food cost $400 dollar transportation $125 dollars phone bills will be 50 dollars total will be $1275 monthly and you will be saving $117 every month that’s all
And in November food prices and transportation fees increased so around from $117 dollars saving you will be saving something like 70-90 dollars every month
@@AvisekSen there is no quality of life here in Canada it’s all 9-5 jobs and paying rents till you die that’s all this country is just working survival job’s past 150 years 😢😢😢😢come to Canada you will see the reality sometime you will be sleeping in the car next 10 years 😢😢😢or live in apartment by yourself pay $1700 rents and 400 dollars groceries rest of your life 9-5 jobs and retire that’s all no matter how many years you work here nothing will be in your hand if you want to buy a house it cost 950k- 1 million dollars your income should be around 8k-10k monthly income if you can find a job 8-10k monthly no life you will be paying your mortgage for 45 years and retire that’s all here nothing
@@AvisekSen yearly vacation if you work in a restaurant you will be getting 1 weeks short on staff if you work for warehouse you will be getting 3 weeks vacation with 1000$ dollars that you will use it for flight tickets cost over 1200$-1500$ that’s all sending money is hard whatever you saved after expenses you can send it it’s like 8000 rupees because you alway get to save something like 100$$ or 200 dollars monthly but you also need to shopping or buy something after hard working no one send money back home unless if you owe someone money no one actually give free money to relatives 🤷♂️
Great sir Good job this is informative
U r 200%right bro ❤❤ thanks love u bro
Love from odisha 😍
very good case studies. Good info for the students who are coming coming to Canada
I love your informative video.... Keep going we are here to support you ♥️
All the best Sohit bhai😜
Your video is always excellent work ❤️❤️❤️❤️❤️
Thank you so much 😀
Hi Gursahib,
It was really very informative video, since I have planned to come Canada for the further studies and have been searching alot videos on TH-cam. I have one doubt sir...What are the expenses are included in Education Loan?? like fees and all sort of things
Same doubt and also I was worried it's better or not for me
If these both cases are possibilities than suggest some skill based courses along with co- up and scheduled break.
Yes I also want that
Sira lata paaji. 🚀❤️🔥
Amazing bro thanks alot
What's the scenario for students pursuing masters in IT field or their core field from university? They don't have breaks but have courses related to specific core skills and also co-op in the end.
Like UWindsor MAC right?
@@MohdKhan02 yeah like MAC, but I found there's no breaks
Btw congrats on getting admission and visa buddy 😉
@@humptydumpty1481 thanks 💖
Sir you forgot to deduct college fee of 3rd and 4th semester.....
That was included in loan of 25 lac
thank you veer ji
Love your all videos
sir is 25L is the minimum money required to study in canada in present time
Bhikario ka ojha sir 😂😂
Its been a week since I Started watching your videos, content gives a very better clarity of situations in Canada.
I would be more than greatful if you can just clarify a simple doubt
suppose a master's is of 16 months in duration, How many years of PGWP is eligible with that masters?
If your program was at least 8 months, but less than 2 years
We may give you a PGWP that’s valid for up to the same length as your study program.
For example, if you completed a 9-month program, we may give you a work permit for up to 9 months.
@@smwk2017 Thankyou so much
Monthly exp 1000 pm is when u share your room with 2-3 more people. Studio/1 bedroom is $2200-2800 pm
Good video
Very informative 👍
Consistency level 🔥
Is it compulsory to work as a student in Canada even if your parents can afford the expenses and does it help at the time of get a work permit ?
You can get your work permit. You do not need to work so you can concentrate on your studies and boost up your GPA.
For students, the type of part time work (such as working in restaurants, grocery stores, and gas stations) don't really help with Express Entry. Once you get PGWP, you need to get quality work in TEER 0, 1, 2, and 3 to boost your CRS score. Canada selects the highest-ranking candidates from the pool and invite them to apply for PR, with invitation to apply (ITA).
Bro you're awesome 👍
very informative video. loved it as it was really helpful
single Moral of two stories - be hardworking everything will be fine!
Yes..>!!
Sir please make videos for all stream students 🙌🙏🙏 for skill based courses plzz🙏🙏🙏 specially (Commerce) after 12
bahut badhiya brother
@gurusahibsingh what do you think are skillbased courses according to you??
I really like your logical content that give clear picture to international students those
are really passionate about their career 👏👏
Rohit 2nd yr ki fees to gic se pay karega to woh to chali jayegi na sir 😀
Advice bahut hi excellent hai woh to aapki sabhi video me hai aur honi bhi chahiye lekin rohit ka sinario muje thoda smj nai aya kyuki use 2nd year ki fees bhi to pay karni hai btw your video is very helpful for us . ❤️
25 lakh fee of 2 year
@@amitsheoran3393 Nooo ! GIC cost,1yr fees etc me hi 25 ho jata hai 16000$+10000$=26000$+extra flight or woh sab bhi included hai na
Total fee 35000$ for 2 year and gic is 10000 dollar and the ticket, all expense in starting would be go to 40000 dollar which would be 25 lakh for 2 year fee and ticket cost and gic which is not included than in rohit case if he get the part time job and co-op and also 4 month gap in their study than he could save their gic
Excellent explain Sir 👍👐👐👐👐👐
thank you so much bro for ur motivation 😊❤️💯
I wish everyone gets courage and strength to achieve their dreams. Please do not give up your dreams at any cost. If not today, tomorrow, if not tomorrow then some or the other day you will get a chance to get what you want. Prepare yourself mentally to face every situation calmly which will help you get out of any problem you face.
You need to watch this TH-cam video called, "How recruiters in India use false promises to lure students to Canada - The Fifth Estate". There are many broken dreams.
@@smwk2017 where i will get it
@@radhika4462 th-cam.com/video/dNrXA5m7ROM/w-d-xo.html
How to know that a course has a 4 months break before applying.
Definitely
Keep it up sir 👏👏👏
Love you sir from Kashmir... Plz give me heart..sir really you are a good person with open heart.. I'm also thinking
Bro the thing is that at present time, Education is also very expensive in India too. We all have to spend the same amount of money. Whether we study in India or Canada.
That is sad. In Montreal, local residents can study engineering for under $6k CAD per year; in rural Quebec, it is less than $4k CAD per year. Tuitions for international students are much higher, easily 5x those paid by the locals.
@Ama'an Kidwa'i That is not entirely true. I immigrated to Canada through family unification. Thus, I paid local resident tuition. You can study 2-yr diploma and get 3 years PGWP. After working 1 year, you can apply for PR. With PR status, you too can benefit from local resident tuition. It has nothing to do with "by birth".
@@smwk2017 but bro as an international student you also have a big amount of money to come to Canada. So in the end it cost you the same.
Sahi baat h 20 lakh to india me MBA me lag jate h even after clearing CAT and getting into top institutes...
@@stephenwilson4931CAT clear krke iim Mai admission agr milgyi na toh life set Hai bhai....25 lakh pa money on an average to company hi dedegi after graduating frm iim,,and loan bhi Asaani se miljaata hai fr MBA in india since,,u cleared cat..but,,no placements in canada after mba
Nice Video, But still Fees of 3rd Sem and 4th Sem has been not covered in video. The real figure would something else...
It is right Sir 👍💯
Thanku sir ❤️
WOW! This is what I was looking for. Thanks!!
You forgot the interest of loans.
Keep motivating 🔥🔥
Rohit nei sem 3&4 ki fees nhi bhari kya?😂
@@adhirajxsingh1 Main bhi wahi soch raha hu 😁🤔
😂😂
Bro - You have tried to explain both situations, with hypothetical data. Well appreciated. However, life is uncertain and its very difficult to have an ideal situation. Some issues may be in your favor some may not. In my opinion, one needs to do his homework before coming to Canada and also be mentally prepared to face any situation with determination to overcome the same. One also needs to be disciplined on all fronts so as not to lose focus.
I think he mentioned that as well. Every planning have worst and best case scenario and he mentioned both of them.
I wonder why so many Indians choose to study MBA. The market is saturated with MBA's. Canada needs worker bees, not more managers. It is less likely for a Canadian employer to hire a foreign manager to supervise local Canadian workers. Keep expectation low so you won't get disappointed.
Thanks ☺️
Very much like the video.
isn't 30k CAD/yr for a full-time job after graduating from a skill-based course kind of low?
Ontario's minimum wage is $15.5/hr. Annual salary at minimum wage = $15.5 * 40 * 52 = $32,340/yr. After deducting 20.05% income tax, take home pay is $25,775/yr. Why study to earn minimum wage?
@@smwk2017 exactly my point, but I know people who make north of 70k CAD after graduating with something like a CS degree, so it's not too bad, at least if you know what you're doing.
@@amrikmalhans CS grads have a tough life. They have to learn constantly because computer languages change from project to project, and over time. As they get older, they become more expensive and less desirable for employers. Once they pass age 40, many are deemed obsolete and get layoff. In North America, they outsource programming work overseas.
@@smwk2017 degree just to show off to your future wife nothing else our family all making good money without degree just high school diploma unless you want to come to Canada get pr it’s the only way if anyone can come to Canada on work permit and just work without studying
@@amrikmalhans you know it without higher degree or study still manage to get 70k yearly
if you put this level of hard work in india you will be financially independent 🤣
You wont even get paid properly. Thats why people leave
@@Milo-was-taken you get you don't know how to ask also amount of efforts you put in going abroad if you put in india you are better of.
The recession is going to be horrible outside India .
@@Milo-was-taken Not really man if you are a little brainy you can make money in India too with two sources of income one earned and another passive you can live a decent life here
As always helpful
Thnkuuuu sir 😘❤️
Gursahib, you have not deducted college fees in any scenario which is a huge blunder and the online courses you have talked about are also paid in most cases.
42000 dollar is the fees for two years
@@Auroras_901 no. its the over expenses of coming to canada
@@kishanchaudhary6546 bhai 9 se 10 lakh ek saal ki fees plus gic
@@kishanchaudhary6546 bro my 2 years fees will be 22 lakh also 6 lakh for gic and 1 lakh for other expenses plus 1 lakh cash for there total 30 lakh
@@Auroras_901 Nope, 25 lakhs is the amout of money that will include only 1 year of fees only.
Pajji, please make a video on how to collect 3rd and 4th semester fees while study in Canada ( for those who will not able to do work more than 20 hours after 15 nov. 2022)
On campus jobs nd cash jobs
@@manroop3854 Cash job will Risky someone will deport forever.
Do Graduation from Your own Country then go for master. I am also doing that I am in 12th. Saade menu bhi nasha hundi Canada Ch but I manager after graduation.
@@madrauchia1913 i agree
@@madrauchia1913 but still most of the students take this risk which isn’t advisable
Very Informative Video !
Glad it was helpful!
vayeguruji fatey!
Sasiyakar and love from nepal paji
Visa granted ....finally able to meet you and see you in real....i comment on your video by my nephew tab as well ,😋😂
Sir, do we get job after bsc in computer science (with good grades) in canada easily? And what is the average wage per hour?
Same Question 😅
Also Not Only With Good Grades And Bad Grades Want a overview of average grades as well
Bro you save 24000 as a student after including monthly expenses but you didn’t include clg fees
same bro ,what about second year college fees?
He discussed student loan
Hi gursahib, do all the uni and college provides scheduled break?? I. Am coming for my Masters program, and I have chose
Calgary uni, memorial uni, menitoba uni
Hlo sir software quality assurance course is skilled course hye ja nhi nlle Montreal kenslay college post study work permit given krda k ni
Hello Paaji, I applied for my study visa on July 4th and I am still waiting for my visa. My program has started from 6th Sept from Conestoga College and due to visa delay issues for many students the first semester was made to be attended online.
Today 127 days have passed and no steps from my visa process (medial, etc) have been updated yet while I am waiting for ppr. I have raised 2 web forms and also called IRCC regarding the same.
My college will only give refund after a visa rejection and that too until December.
Please any help regarding this will be appreciated.
Bro I understand but if your dream country is Canada wait for the respond from immigration. Sabar ka phal meetha hota hai. but if you have plan B then you can also try for Australia but PR is tuff in Australia. I hope you get your CAD visa asap.
Does Project Management counts as a generic course ?
Sad to say but yes
Best Guide ever 💯💯💯💯😳😳😲😲👍🏻👍🏻👍🏻👍🏻👍🏻❤
This video really needed...🥰🥰
Your Honest talk as always..thank you..!!🥰🥰💫