How an IIM Lucknow alum cut her ₹40 lakh MBA loan to ₹17 lakh with side hustles
Sharing a detailed breakdown of her MBA expenses, Sneha Baidya said the total cost of her education came to around ₹28 lakh.
Management graduate Sneha Baidya, an alumna of the Indian Institute of Management Lucknow, made headlines by reducing her ₹40 lakh MBA loan to ₹17 lakh through structured financial planning and side hustles. In a viral Instagram post, Baidya detailed her expenses, stating that her MBA cost around ₹28 lakh, with term fees around ₹3.25 lakh and miscellaneous expenses totaling ₹3 lakh.
She attributed her ability to reduce her loan to additional income earned through her summer internship, live projects, freelancing, and side hustles during her MBA. Despite receiving a PPO, Baidya continued to work on side projects to further minimize her loan burden. Her post garnered numerous responses, with users asking about her repayment experience and financial struggles.
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