Can anyone honestly tell if MBA can be done in budget?

Asked by Anonymous on 2026-07-10 in Scholarships & Loans

I don't come from a financially well off family and need scholarship to fund MBA fee. But I have heard there are many other expenses that scholarship may not cover like living expense or travel. So can you share how much approx will it cost other than college fee?

1 Answer

Shweta Arora (Mentor) · 2026-07-10 · 1 helpful

Around 1-2L of other expenses over a period of 2 years are expected. It also depends whether you're in your hometown or not, how much you spend on leisure etc every month. Btw, scholarship covers a lot of your stationary, laptop and even additional expense too - check SBI Scholar Loan's terms.

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