Academic Program Cost (USD) Living Expenses/ Total Expense

US
month (USD) (USD)
55000 17000 72000

Expected 1 Expected 2 Georgia Average Pay

Statistics
Annual Salary 85000 105000 0-3 Years 89000

Bonus 10% 10% Total 100000

Taxation Rate 25% 25%

Effective Annual Salary 70125 86625

Monthly Living Expenses in 3500 3500

Georgia
Annual Living Expenses 42000 42000

Gross Savings Savings/ Year 28125 44625

Miscellaneous Expenses 2812.5 2812.50 Calculated as 10% of Savings from Expected

1 case
Final Savings/ year 25312.5 41812.5

Assuming 10% Interest rate and

90% Savings going to payback
Loan remaining after Year 1 58950 45750

Loan remaining after Year 2 44595 16875

Loan remaining after Year 3 28804.5 0

Loan remaining after Year 4 11434.95 0

Savings in 4 Years 20250.00 81787.50
 Academic Program Cost (USD) Living Expenses/ Total Expense
US
month (SGD) (SGD)
43000

Expected 1 Expected 2 Expected 3

Annual Salary 75000 85000 100000 Student reported range of

expected payment Inclusive
Bonus: 75-100K SGD
Bonus 0 0 0

Taxation Rate 7% 7% 7%

Effective Annual Salary 69750 79050 93000

Monthly Living Expenses in 4500 4500 4500

Singapore
Annual Living Expenses 54000 54000 54000

Gross Savings Savings/ Year 15750 25050 39000

Miscellaneous Expenses 1575 1575 1575.00 Calculated as 10% of Savings from Expected
1 case
Final Savings/ year 14175 23475 37425

Assuming 10% Interest rate and 90%

Savings going to payback
Loan remaining after Year 1 35960 28520 17360
Loan remaining after Year 2 28216 12592 0

Loan remaining after Year 3 19697.6 0 0

Loan remaining after Year 4 5909.28 0 0

Savings in 4 Years 11340 42488.8 100664

Loan remaining after Year 4 (USD) 4136.496 0 0

Savings in 4 Years (USD) 7938 29742.16 70464.8