<p>iamthebist, thanks for bringing this up and diverting it from that rather fervent wrangle going on there.
I agree with Tizil7 on the fact loans are very scarely mentioned and talked about.
It will be nice if someone experienced could share his comprehensive information on this topic.
mysticgohan? PD? Anyone?</p>
<p>talking about loans !!!
I heard that , this isn’t a good idea ! lol … because maybe it takes a decade to repay !:-/</p>
<p>You might want to read posts by mom2collegekids on the topic of taking loans for undergraduate studies. They are intended for domestic students but I feel the logic applies for international students as well. She is one of the voices of sanity here on CC.</p>
<p>she has a mammoth 26,500 posts! no other way? lol</p>
<p>As for loans well, its not a bad idea actually if you can manage to convince the bank to lend you. And it honestly wont take very long to repay it. Remember if you’re working there, you’ll be earning in dollars and your loan isnt PPP adjusted so yeah if you borrow 2 years fees, I guess you can return it in like 3 years conservatively></p>
<p>I think you need a us citizen or permanent resident to be your guarantor for the loan, and for the interest payment, dont you have to pay it quarterly or something? The loan terms are usually long enough. Idont know much about this though.
If you are talking about taking loans from Indian banks then it is a different issue. The interest rates are around 15% roughly so for a loan of Rs. 1 crore approx (this is the amount i think required for all four years including living expenses etc). This would amount to 15 Lakh a year interest. This has to be paid by your father(or the person looking after your expenses) each year until you get a job. So at this rate if you decide to pay back after 7 years (4+3 as commented by gohan above) you will have to pay back Rs. 26600198.80 which is more than the double the initial amount. So unless you earn approx 15 lakh annually during the college (which is highly improbable) your father(or whoever your guarantor is) would have to pay the interest till you are able to pay it.</p>
<p>
LOL! nice reason :D</p>
<p>Well most people dont borrow the entire one crore. Usually about half. I based my math on half of that so yeah.</p>
<p>^ pay back $80k + interest in 3 years? How much will you have to earn to be able to do this?</p>
<p>@ Tizil Yes i really bought a new one!!! Logitech MX518, superb mouse for its price.</p>
<p>CBSE commerce student
Grade 10 gpa 9.6
Grade 11- 91 percent
SAT- will give in october (1920 without prep)
SAT2- will give math 2 n lit in november. Lit- got a 700.</p>
<p>Nice to meet you all.
Perfect pixie if youre reading this…I believe you have made ur mom immensely proud. And dayyyum Harvard!!!</p>
<p>4got to mention. I live in Fujairah-2hrs drive from Dubai, UAE.</p>
<p>Nice knowing you prinki94 :)</p>
<p>same here Tizil 7. Can anyone tell me how to convert CBSE grades into gpa apart from the 10th grades?</p>
<p>cc should start group chat like facebook</p>
<p>Mr/Miss princeton dreams pls clear inbox, I cant send a message.</p>
<p>This might give you some direction. But you should try not to convert and send your scores as they are. In my opinion the colleges in US understand our system to some extent and your school counsellor will add whatever else needs to be added.</p>
<p>Percentage US Equivalent GPA<br>
81 to 100 4.0 A or (A+ for >90%)<br>
61 to 80 3.5 B+ First Class
51 to 60 3.0 B Second Class
33 to 50 2.5 C+ Third Class
< 33 2.0 C Fail ***</p>
<p>I got this from Princeton review site !</p>
<p>GPA Percentage
4.0 95-100
3.9 94<br>
3.8 93<br>
3.7 92<br>
3.6 91<br>
3.5 90<br>
3.4 89<br>
3.3 88<br>
3.2 87<br>
3.1 86<br>
3.0 85<br>
2.9 84<br>
2.8 83<br>
2.7 82<br>
2.6 81
2.5 80<br>
2.4 79<br>
2.3 78<br>
2.2 77<br>
2.1 76<br>
2.0 75<br>
1.9 74<br>
1.8 73<br>
1.7 72<br>
1.6 71<br>
1.5 70</p>
<p>
As a matter of fact, I’m accessing CC after a loong time and yours was one of the first posts I glanced upon. Thank you for saying so! 
Btw, you just don’t fill in the title, or use quick reply at the bottom of the page.</p>
<p>You don’t convert CBSE into GPA. An 80+ is good for class 9,11 and 12 first sem (depending on school though, if your school is the typical indian school where the topper gets ~83 or sth in school exams, then yeah, you’re good).</p>
<p>For 12th finals (after you get your acceptances that is, and are worrying about acceptance getting rescinded if you score too less, and are wondering how much is “safe”, I heard that an 80+ is considered okay. However, I personally would recommend 85+.</p>
<p>PS: Kudos to mysticgohan for some of his previous posts.
Yep. When applying for grad school from india, IITians get wayy more precedence over students from the rest of the colleges.
I’m sorry but I must thoroughly disagree. Like mystic said, you’re underestimating the rank 1s, heck first 100 rankers. The top rankers are faaar from the rote based learning ‘kota type’ people that come to mind. You don’t get into IIT by just solving
Also, from the little I know, many a time the Intel/Siemen/BioGenius awards these students win are courtesy a major amount of help from their parents/contacts and hardly something solely of their own creation or ability.
Btw texaspg, I thought you were a mom! </p>
<p>The stories I hear from people I know who attended/are attending IIT create a very different image than the one that exists in the mind of most people who aren’t aware of the people there and go by hearsay. However I don’t think many of the 2500+ rankers would come into the type of people I’m talking about though.
I also think that these people are more able than the students at MIT/like. Why? If they’re able to accomplish what they did in the meager resources that were available to them, then think of what they could do in the resources available at large in the US!</p>
<p>Coming to your argument about 'lack of Nobel prizes" Eminemfan, the high level scientists and researchers in India I have been fortunate to know explained that the Indian scientist many a time has the similar ideas that strikes the mind of the american/european scientist, sometimes before it strikes the mind of the scientists of the other countries, but the nobel prize goes away to the scientist from the richer country because he has the millions of dollars and resources required to carry out research on that idea (money that later might all be spent waste should the research turn out useless) while we have no money, and no resources as such to carry out research without definite results. One of them explained to me an absolutely fantastic idea that was proposed, yet there’s no money that the government can give, there’s no satisfactory equipment they can use. Such a wonderful idea, and it’s been lying just like that for years now. There are so many such ideas for research that our scientists come up with, yet nothing happens.</p>
<p>Oooh I just hate it when some Indians just seem to think that the other side of the road is so much better and promptly disparage the schooling system here. You wanna go out and study? Go. Don’t BS schools here while you ship yourself out.
Lol, it seems every year has an IIT vs US schools debate without fail. 
I shouldn’t be a part of the one for 2016ers haha.;)</p>
<p>Anialways, may I ask the source for that GPA-percentage conversion.
And PP, I bet that the conversion scale you provided isn’t for CBSE students. Because if that is true, then no one in a batch of 1000 children got a 4.0 in grade 11 last year, in my school.</p>