Sunday, 5 August 2018

Counting The Cost Of University Education at SUTD (9)


Read? Counting The Cost Of University Education at SUTD (8)


 Year 1 to 3 (Apr 16 to Mar 19)

 As of today update, 5 Aug 2018

 Tuition fees and all living and studying expenses

 1. Three Year Uni course at NUS for son: $30.6K

 2. Four Year Uni course at SMU for daughter: $61.4K ( including an Overseas Exchange Programme in Paris)

 3. Year 1 to 3 as of 5 Aug 2018
Total cost for three children at 5 Aug 2018 = $141K!

 That is passive income @ 5% yield of $7K per year.



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3 comments:

  1. Spur5 August 2018 at 22:23:00 GMT+8

    $200 per month allowance from each kid = $7,200 per year passive income. :) LOL

    ReplyDelete
    Replies
    1. Createwealth88886 August 2018 at 09:26:00 GMT+8

      Monthly allowance is mom's passive income. :-(

      Delete
    2. Henry7 August 2018 at 10:44:00 GMT+8

      I doubt $200 monthly allowance is enough especially if the student stays in hall where all 3 meals are consumed outside home. Or takes both lunch and dinner on campus due to study and project work. Not sure, just curious and planning.

      Delete