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Asmarino
08-31-2009, 10:22 PM
I recently applied for professional student line of credt for Saba at TD Bank (Canada) and I was told that Saba University School of Medicine "does not qualify" for professional SLOC. Haven't a lot of students claimed they got the loan and started studying medicne at Saba? Looking forward to hearing from you.
mario345
08-31-2009, 10:47 PM
td wasnt available when i started...i have rbc...so try them...their service is much better anyway
B_W_
09-01-2009, 04:42 AM
I'm enrolled for Jan '10 and just received the TD LOC last week. If they don't have it designated then check your provincial/federal loan service website. It's a designated school under them so print out that sheet and show it to the bank.
detoured
09-02-2009, 01:25 AM
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mario345
09-02-2009, 11:21 AM
The OP is talking about the PROFESSIONAL LOC which is only given to students going to a Canadian medical school, or US school with a cosigner. That LOC has no interest pay back till 12 month after residency.
IF you are going to Saba you are gonna have to get a regular 150 000 LOC with prime+1 or prime I believe.
good luck!
in that case, you should try rbc...they offer the same terms as td, but with 6 mth deferment after graduation.
B_W_
09-02-2009, 04:34 PM
The OP is talking about the PROFESSIONAL LOC which is only given to students going to a Canadian medical school, or US school with a cosigner. That LOC has no interest pay back till 12 month after residency.
IF you are going to Saba you are gonna have to get a regular 150 000 LOC with prime+1 or prime I believe.
good luck!

No I received the student LOC at prime rate. It took an extra day for them to verify the school but it's the same LOC that Canadian students get w/ the same stipulation that you pay back 12 months after graduation and only pay monthly interest on the amount borrowed.
atropine
09-02-2009, 06:51 PM
I think they all make you start paying 12 months after grad, not residency, right?
olek
09-02-2009, 10:24 PM
The OP is talking about the PROFESSIONAL LOC which is only given to students going to a Canadian medical school, or US school with a cosigner. That LOC has no interest pay back till 12 month after residency.
IF you are going to Saba you are gonna have to get a regular 150 000 LOC with prime+1 or prime I believe.
good luck!

Your information is wrong. I got a professional LOC from RBC.
Eastcoastguy
09-07-2009, 01:06 PM
RBC was awesome to deal with, even though I didn't have an account with them before. But I definately will now!