Best loan option for Canadian students

[medahb]

What is a better or the best loan option for Canadian students? So far the only one I know of is canHELP, but even they are not as good as others offered to American students. Can anyone help me out with this?

Thank you.

[A-Rogue]

I was "preapproved" for $200K with no cosigner from RBC. When the application came back they had dropped it to $150K with a cosigner simply because I am going out of the country. Seems pretty stupid. But ya. That's RBC. Sounds like it would be a standard rule since my credit is perfect and I have no undergrad debt. I'll post more when I hear back from TD

[Toronto-gal]

if i get a co-signer can i get up to 200,000?

[Toronto-gal]

oh ok!!! ya i want to know what TD does. my co-signer would be my father who has been with TD forever with great credit...maybe that helps in getting out 200 000?

[Toronto-gal]

so i went to the canadian student loans program site and they require you to start paying back loans 6 months after you graduate !! :O and its prime + ~5% interest..which i find ridiculous. CIBC said they would give me 200,000 with just prime. So all you ppl looking to get help from canada's government...forget ittt...unlesss u think u will be earning that much by end of med school :O

[A Second Daniel]

so i went to the canadian student loans program site and they require you to start paying back loans 6 months after you graduate !! :O and its prime + ~5% interest..which i find ridiculous. CIBC said they would give me 200,000 with just prime. So all you ppl looking to get help from canada's government...forget ittt...unlesss u think u will be earning that much by end of med school :O

Just curious, how much does that work out to in monthly payments?

[LaurentBanan]

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[A-Rogue]

if i get a co-signer can i get up to 200,000?

Maybe. I ended up needing a cosigner for $200k but they only bumped it up that high because my parents had been banking there their whole life. It was a struggle. It's not as easy as if you were staying in Canada.

[mark84]

Hey Guys to
Good News for Canadian students get secure loans for education and higher study coming of the current tough economic times, obtaining credit has not been as easy as but now it is possible.

[jmy84]

Good news for genius student now you get education loan for higher study in easy cradit is possible.

[lowdy]

any options for getting loan/line of credit without a co-signer for med school out of canada? im having a tough time getting someone as a cosigner for such a large amount.