FUND FLOW STATEMENT This is the Statement that shows how you will be managing all your finances for each year of your education abroad.
YEAR
SEMESTER
FUNDS REQUIRED
SOURCES OF FUNDS
FUNDS ARRANGED
Sem 1
Rs. 6.35 Lakhs 50% of Current Bank Balance
Rs. 6.4 Lakhs
Sem 2
Rs. 6.35 Lakhs 50% of Current Bank Balance
Rs. 6.4 Lakhs
First Bank Fixed Deposits 50% of Amount Invested in Bonds
Sem 3
Rs. 6.35 Lakhs
Sem 4
Rs. 6.35 Lakhs 70% of Equity Shares in Companies
Second
Total :
-------------------Rs. 25.40 Lakhs
Rs. 5.34 Lakhs Rs. 1.10 Lakhs ----------------------Rs. 6.44 Lakhs Rs. 6.4 Lakhs ----------------------Rs. 25.64 Lakhs
Balance Assets after meeting with all the expenses : Total : Father’s/Mother’s Retirement Benefits(if applicable) : TOTAL BALANCE :
Rs. 14.97 Lakhs (Movable Assets) Rs. 37.90 Lakhs (Immovable Assets) ----------------------Rs. 52.87 Lakhs Rs. 22.75 Lakhs -----------------------Rs. 75.62 Lakhs
Besides this, my family continues to have a steady income of about Rs. 4 Lakhs per year.