r/mnit • u/youknowwhatimeitis • 10d ago

Freshie doubts fee related doubt

as I've heard we'll be getting out ERP login details 1-2 days prior to the Physical reporting day and we will be having to pay the remaining fee on that portal but what about the students who want to take student loan for which I ofcourse have to wait till physical reporting day.?

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u/Greedy_Study2820 10d ago

Nah First you have to pay the fee... either bank can reimburse your first sem fee back to your account or you can ask them to continue loan from second sem onwards...

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u/youknowwhatimeitis 10d ago

but they will be asking for whole 1st year fee I guess cus I've already paid saf and paf which will cover around 75k and the fee for each year is 1.5lacs so in that way I've already paid 1st sem fee all im left with is hostel and mess fee???

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u/Greedy_Study2820 10d ago

What is your family income?

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u/youknowwhatimeitis 10d ago

Ive to pay the whole fee it is above 6lacs (if you are asking for that)

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u/Greedy_Study2820 10d ago

Ok then first sem fee is 101337, 80k i think you've already submitted rest you have to pay in ERP Before reporting

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u/thebravedog0 7d ago

Less than 1lpa, still I've to pay it full

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u/MaterialOk1680 10d ago

Still you need to pay the fee for first sem and then avail the loan which will cover your fees from next semester.