Other Canadian Banks?

[thomasfx10]

Are you seeking any financing through the school. I read on here that they offer some options.

[maserati]

DAP - will be ready for Sept
DAP - will cover your whole cost of education - 18500/semester

[Scotty_01]

Try MD Management through National Bank.

[Mike77]

I sure as hell hope so! If I get this sorted out, I think that I will reach levels of happiness that I never thought possible!



If not, I'll be real pissed

[MatCFAMD]

Originally Posted by Mike77

Based on all the info I have, this seems like the best option (for a canadian).

Assuming I start in September, for example, I plan on working my *** off for 4 months and banking all my money (moving in with parents, so almost no costs). Then I'm going to max out my canadian student loans (12500/year). If the DAP covers just tuition, that leaves about 50-100k for living costs (the best people to ask are Saba grads I guess). I figure that I'll get 50k from canadian student loans, plus whatever I make this summer (15k?) to survive on. If I run short, it'll only be like anywhere from 1-35k short, and I assume if i'm almost graduating med school it wouldn't be diffiuclt to get that, or swindle a couple grand from my parents.

What do you guys think of that option for someone in this situation?

No way you'll get $50k from Canadian Student Loans. Even those attending Canadian medical school can't get that. Max is $250 per week, around $10,000 or less per year. It's also Federal (not provincial), ie, the Canada portion only. And how are you going to make $15K over a summer (4months) ? you're projecting about $4K a month for a summer job, some FPs on salary gross $10k a month on 50 hrs.

The DAP will surely make a huge difference -- and like you said, if it could just cover the tuition, I'd say this is the way to go. And you hope the interest is accrued or else interest paid is money less in your bank account. With the DAP, it will seal the deal to attend Saba, students would be anxiety-free.

[MatCFAMD]

Originally Posted by Mike77

I sure as hell hope so! If I get this sorted out, I think that I will reach levels of happiness that I never thought possible!

Ha ha ! I'm with you on that one -- if DAP could cover the tuition, IT IS A BEAUTIFUL THANG!

[covarubious]

if only we could get some straight forward answers to ur questions and some detailed info on the program!! hopefully that happens friday!

Originally Posted by MatCFAMD

Ha ha ! I'm with you on that one -- if DAP could cover the tuition, IT IS A BEAUTIFUL THANG!

[Mike77]

Originally Posted by MatCFAMD

No way you'll get $50k from Canadian Student Loans. Even those attending Canadian medical school can't get that. Max is $250 per week, around $10,000 or less per year. It's also Federal (not provincial), ie, the Canada portion only. And how are you going to make $15K over a summer (4months) ? you're projecting about $4K a month for a summer job, some FPs on salary gross $10k a month on 50 hrs.

The DAP will surely make a huge difference -- and like you said, if it could just cover the tuition, I'd say this is the way to go. And you hope the interest is accrued or else interest paid is money less in your bank account. With the DAP, it will seal the deal to attend Saba, students would be anxiety-free.

Well last year I got 14k for two semesteres, and then 3k for the summer semester, so 10k isn't the limit. I should specify when I say Canadian loans, i mean canadian/BC loans. The max student loan amout is dependent upon the province. Only problem though, is that I think that 75k is the maximum, and i've already gotten about 30-35k.

[khann4]

I talked to saba today and they are no longer having the chat tomorrow, its going to take another week or so to get all the information finalized.

[MatCFAMD]

And the June 20 Friday Financial Aid Chat is postponed (see website for news update).
No new chat date set yet.

Originally Posted by khann4

I talked to saba today and they are no longer having the chat tomorrow, its going to take another week or so to get all the information finalized.