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  1. #1
    pjs
    pjs is offline Newbie
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    international medical school loans

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    any advice for a Canadian, needing to borrow money for an international medical school from a private institution?


    I don't think medachiever or Teri loans are applicable to non-US citizens/ premanent residents?

    HELP!

  2. #2
    CanIMG is offline Moderator
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    Re: international medical school loans

    Certainly you may secure the type of loan you are looking for. Visit this website
    http://www.internationalstudentloan....adian_student/

    You may borrow up to $15000 US per year on your own name, or up to the full cost of your education with a co-signer.
    CanIMG
    Moderator - Canadian IMG and Immigration Visa Forums

  3. #3
    curious_george is offline Member 510 points
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    Re: international medical school loans

    are we eliable for OSAP?? (if we come from Ontario and want to go to St. Georges for school?)

  4. #4
    CanIMG is offline Moderator
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    Re: international medical school loans

    Definitely. You can get OSAP for any WHO-certified school, and that'll help put a few interest-free loonies in your pocket. However, since the max you can borrow is around $10 000 Cdn you'll likely have to borrow elsewhere as well...especially if you plan on going to SGU.
    CanIMG
    Moderator - Canadian IMG and Immigration Visa Forums

  5. #5
    curious_george is offline Member 510 points
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    Re: international medical school loans

    I went to the OSAP website for info, but it only seems to talk about universities within Canada....Is it 10k/yr? semester?? or just what you said, the max???


    I cant seem to get anywhere on the OSAP site.

  6. #6
    CanIMG is offline Moderator
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    Re: international medical school loans

    Yes, you may borrow from OSAP for going to an accredited international medical school. The maximum is around $5000 for each semester. Good luck.
    CanIMG
    Moderator - Canadian IMG and Immigration Visa Forums

  7. #7
    iza0iza is offline Junior Member
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    Canadian Loans

    There are only two options for canadians wanting to study abroad. You can get osap (but don't expect too much) .. and you can apply for a CanHELP loan, which is given through TERI. But you have to have very good credit history and a coborrower in order to borrow from them. You can also apply for lines of credit. However, you will have to pay interest on it every month.

  8. #8
    Caesar is offline Junior Member
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    St George costs

    This year's cost estimate for a freshman starting in August 2003 is 48K and change in US bucks. Good luck.

  9. #9
    jratushny is offline Junior Member
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    Canadian Loans / Lines of Credit

    With regards to obtaining money for Canadian students, here's what I've come up with.

    Royal Bank, with my confirmation of enrolment letter, offered me a line of credit of $125,000 with interest set at prime. Several other banks also offer large lines of credit for students in professional programs.

    As well, TERI offers a CanHelp loan to Canadian Students who are studying abroad.

    As long as the school is listed, you can qualify for a Canadian Student Loan and Provincial Student Loan.

    Hope that helps.

  10. #10
    Nica7 is offline Junior Member
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    ..

    hey jratushny,
    Did you need a co-signer for your line of credit from Royal Bank?

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