A Pedagogue's Progress
Thursday, September 04, 2008
 
The numbers, at last

Thanks MOE! $374,136.20. Divided by 72 months, that's approximately $5196.34 per month. In June 2010, I'll have served 36 months. Add 10 months NS bonus and the number is 46. So the amount to be repaid will be $5196.34 x (72-46) = $135,104.74. By then, I should have enough to cover this amount and ensure that I am not a penurious graduate student. The three months between then and when term starts will have to be spent...studying like crazy.

But let's not get ahead of ourselves here. The earliest applications will be due in early December 2009, which means that preparation has to start at the end of this year, after the A-Levels. Then I need to head back to Hanover in June to let the professors know about my plans. Then I need to actually find time to write the damn applications. And then, I need to get accepted!


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