Thursday, December 5, 2013

Update on Sudha's college fee fund

This mail just in from Lavanya:

Hello everyone,

Hope this email finds you all in good health and in festive spirits!

Sudha has completed her first semester exams. The results will be announced in February 2014. She found English classes a bit difficult. The college has appointed a teacher who can speak only English to teach these kids. To make the connection between local language and English language is left to other students who are from English medium schools. Sudha sat with me during few weekends to understand 'Clauses and Phrases'. Apparently, these subjects were not handled in her English classes. I plan to coach Sudha every Saturday so that she can be well prepared before her next exam.

Her next term fees is Rs.7000/- to be paid before Dec 10th. I will be withdrawing this amount and handing it to her tomorrow. When I spoke about additional Rs.596 (interest portion)to be used for travel expenses, Sudha told me that her family is able to manage that bit. Hence requested me to save it for her 2nd year.

A quick recap of the numbers so far---

Amount collected Rs.29,501.00
1st term fees paid Rs.16,000.00
Amount put in FD Rs.13,501.00
Maturity amount Rs.14,097.00
2nd term fees paid Rs.7,000.00
Amount remaining Rs. 7,097.00

I have asked Sudha to get complete fees details(with breakups in each year) from her college. I shall be posting the same once I get it on hand. Please feel free to reach out to me in case you need some information.

Many thanks once again for all your contributions. Wishing you all a fabulous, healthy and joyful 2014.

No comments: