Thread: Scholarship

just wondering if I was the only one still waiting to hear on scholarship info? sent my financial aid application in almost two months ago.

You'll probably hear soon... I just heard about mine today.

I have a question for those who have received the international peace scholarship and loan combo. Does anyone know if the loan part is interest free? I'm trying to decide whether it is better than taking out the same amount through a private educational loan company such as ed invest.

Thanks in advance

Hi there IP...


If you applied 2 months ago, I would say you can call the head office and see what's up with your file. I hope everything goes well for you though. Definitely give them a ring and just ask politely...

best wishes

GS

Originally Posted by hypersara

You'll probably hear soon... I just heard about mine today.

I have a question for those who have received the international peace scholarship and loan combo. Does anyone know if the loan part is interest free? I'm trying to decide whether it is better than taking out the same amount through a private educational loan company such as ed invest.

Thanks in advance

Haha, wish it was!

No Sara, the loan part is prime + 3% interest rate, which is substantially high. Only go for the loan portion if you really need it. Otherwise, stick with just the scholarship...

But congrats on getting both!

IndianBabu

Thanks IndianBabu... prime + 3% is VERY high... wow.... i wonder why they charge soo much interest!? I would have thought they would charge less interest than the normal loan companies!

Yup, its insanely high.

Have you applied for the Canada Student Loan yet? See how much you can get from that, and maybe then, you can make up for the balance you have left to pay off.

Guess we're in the same boat?

Stupid lottery tickets never bring me any joy....

IndianBabu

I'm waiting for my ed invest to go through because canada student loan needs documentation for how i'm paying for my education....

This money stuff is driving me crazy. I wish I could just become a doctor without having to worry about funding my education.... anyone interested in sponsoring me

This might be a wierd question....but...do we have to be accepted first to apply for the scholarship or can we do it before? thanks

I was told that you can apply before hand, and that they hold your scholarship application UNTIL you've been accepted. Once you're accepted, they'll then look at your scholarship application.

Having it in earlier is probably an advantage.

Good luck,

IndianBabu