PAstudent

Being dead. Being alive. Dead again.

haha. Congrats. Enjoy your last summer of freedom! Do some cool stuff.

The rep is wrong. My buddy was a branch manager at RBC (he has now been promoted to regional manager) when we got this done. It is under the professional designation under folio FPPL-7 Most RBC employees are likely to look at you and go "PA? Never heard of it" as are most people in general. Then even when you explain it they think you are nuts because why would an "assistant" practice medicine. All you need to do to qualify for the PA student professional student LOC is show proof of admission/enrollment. Then you should be approved. If you are still having trouble send me a private message and I will put you in touch with my buddy at RBC who will make sure it gets done.

Well they base the limit on projected income. For MDs they use projected income after residency and they have a figure of over 200gs. For PAs there is no real data on this so they took the minimum amount that the Govt is allowing PAs to be paid (75gs) and used that. This is not appropriate, however, as the majority of PAs make much more than that and the limit based on income should really be about 100gs. But it will take time for RBC to have confidence in this.

That doesn't sound right. You should be able to get the Professional Student LOC for PA students with no co-signer. Tell your banker to look at RBC folio FPPL-7.

I used to work at RBC and my buddy is a manager there. Together, he and I made RBC the first bank in Canada to offer the Professional Student Line of Credit product directly to PA students admitted to a Canadian PA program with no co-signer or collateral needed. The present amount is not as high as that for MD programs but that will also go-up in due time. If you are having difficulty with RBC just private message me.