Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What things should CIS money not be used for?

April 26, 2017CIS money Used

0

Posted

What things should CIS money not be used for?

1 Answer

0

Posted

CIS money should not be used by participants to send money home to family members. It should not be used to invest and/or save for post graduation. And CIS money should not be used to purchase expensive and otherwise unnecessary luxury items (such as pianos, palm pilots, etc.). Since participants are responsible for repaying all of the borrowed CIS loans, we strongly encourage CIS participants to live as frugally as possibly in order to leave the MSM with the least possible debt.