请教关于DUKE的奖学金和贷款

powerzaurus

奖学金到现在还没有消息，仔细看了看申请材料，好象外国学生是没有奖学金的，只有所谓的Opportunity Loan。

不知道是否是这样。

而关于这个贷款：

The interest rate on the Duke MBA Opportunity Loan is Prime Rate + 2 percent (interest rate is variable, changing monthly). A one-time disbursement fee of 4 percent will be added to the principal amount borrowed at the time of disbursement.

我琢磨的意思是一次性支付4%+年利率2%。换句话说如果申请毕业后2年还清的话，年利率在3%左右。是这样吗？

davidli8888

The principle =money borrowed *1.04, and the interest will accrue by applying the Prime rate +2%. The basic logic is as follows:

The present value of the total money you will pay back = the principle + present vale of the interest accruals.

Actually interest accruals will turn into outstanding balance, and your payments will be paid against the balance until the outstanding balance comes to 0.

You will find the actual payback is bigger than you may have imagined in the first place. Anyway, it is an investment in human capital - your overall return will outweigh the cost.

A little bit complicated, right?

[此贴子已经被作者于2007-3-22 18:50:09编辑过]

随便逛逛

以下是引用powerzaurus在2007-3-22 18:01:00的发言：

奖学金到现在还没有消息，仔细看了看申请材料，好象外国学生是没有奖学金的，只有所谓的Opportunity Loan。

不知道是否是这样。

而关于这个贷款：

The interest rate on the Duke MBA Opportunity Loan is Prime Rate + 2 percent (interest rate is variable, changing monthly). A one-time disbursement fee of 4 percent will be added to the principal amount borrowed at the time of disbursement.

我琢磨的意思是一次性支付4%+年利率2%。换句话说如果申请毕业后2年还清的话，年利率在3%左右。是这样吗？

我怎么觉得是：

利率是prime rate+2%。现在prime rate是8%左右，那么贷款利率是 10%

那个4% one time disbursement fee是提前还贷一次性付清时需要支付的费用吧？

请大牛指教~~

summerchen

利率是基准利率的基础上再加 2%，如果基准利率是 5%，你的贷款利率就是7%。

另外4%就是 你实际贷款到的数字。例如你贷款$100K，实际可以拿到的是96K，相当于你的利率水平是 7%/0.96= 7.29%

[此贴子已经被作者于2007-3-22 18:54:40编辑过]

davidli8888

以下是引用随便逛逛在2007-3-22 18:52:00的发言：

我怎么觉得是：

利率是prime rate+2%。现在prime rate是8%左右，那么贷款利率是 10%

那个4% one time disbursement fee是提前还贷一次性付清时需要支付的费用吧？

请大牛指教~~

It means, when you draw down (实际提款) the loan, say 100, the loan balance on your account will be 104(100*1.04).

随便逛逛

以下是引用summerchen在2007-3-22 18:54:00的发言：

利率是基准利率的基础上再加 2%，如果基准利率是 5%，你的贷款利率就是7%。

另外4%就是 你实际贷款到的数字。例如你贷款$100K，实际可以拿到的是96K，相当于你的利率水平是 7%/0.96= 7.29%

嗯。高人！ btw，银行真黑~

summerchen

prime rate 是不是可能是 LIBOR

gmaht

现在的 prime rate 是 8.25%
加 2% 是 10.25%; 这个利率是每年都要往你的欠款上加的
那 4% 是一次性的收费

如果全靠借钱， 大致帐目如下 （欢迎指正）：

1st yr : borrow 60K - 4% fee ==> get 57.6K, but still owe 60K.
1st yr summer internship income: 20K (estimate) - Income tax ==> 16K (estimate), if this amount is used to pay back part of the loan, now you owe 44K
end of 1st yr: interest accrual: 44K + 10.25% ==> 48.5K
2nd yr: borrow another 60K -4% fee, now you owe 48.4K + 60K = 108.4K
end of 2nd yr (3/4 yr later after you borrow the 2nd 60K): interest accrual 108.4K + (10.25% x 3/4) ==> 116.7K ; this is the amount you owe at that moment
________________________________________
Summary at the end of 2nd yr:
you get 57.6K + 57.6K from the bank,
you have paid 16K, you still have to pay 116.7K ==> total payment 132.7K
the processing fee and interest earned by the bank at the end of your 2nd yr:
132.7K - 115.2K = 17.5K
________________________________________

下面的帐就难算了， 取决于你怎么还， prime rate 变不变。。。
但这 116.7K 的欠款 的 10.25% 就是 12K ！
------ 假定你不失业, 工资也不大长 ------
如果工作后你的毛收入 100K， 净收入 60K， 拿 25K来还债，第3年只能把 116.7K 减到 103.7K
第4年的利息 10.6K, 拿 25K来还债, 103.7K + 10.6 K - 25K ==> 89.3K
5th yr:   利息9.2K, 拿 25K来还债 (工资张了点，但给老婆／准老婆（谁肯嫁负翁？）买了钻戒）==> 73.5K
6th yr:  利息7.5K, 拿 25K来还债 ( ....) ==> 55K
7th yr:  利息5.6K, 拿 25K来还债 ==>  33K
8th yr:  利息3.3K, 拿 25K来还债 ==>  11K
9th yr:  拿 12K 把债还完 。。。。。

总计： 你共还 （16 ＋25x6 + 12) ==> 178K  (当初你只拿了115K!)

????? 读 MBA还值不值 ????

snowheat

178K takes ONE year to pay off for some jobs.  

Anyway, it is gambling.

For banks, it is too risky to offer non-cosigner loan to international students, especially those without US credit history.

davidli8888

You know, a lot of people work hard, partly for banks. Actually some people make loans to buy houses, and find they have become the slaves of banks. 10% is a very high interest rate.

Of course, risk is offset against the prospect of return.