medapp_2018 Posted February 5, 2017 Report Share Posted February 5, 2017 Has anyone had any success increasing their LOC from 275k to over 300k before starting residency? Link to comment Share on other sites More sharing options...
rmorelan Posted February 5, 2017 Report Share Posted February 5, 2017 Has anyone had any success increasing their LOC from 275k to over 300k before starting residency? Cannot say I have heard too much of that. I have heard of it close to the end with some form of employment proof arranged for immediately post. Link to comment Share on other sites More sharing options...
NLengr Posted February 6, 2017 Report Share Posted February 6, 2017 At the end if residency (PGY-5) with proof of future employment (aka a letter of offer) Scotiabank will set up a transition to practice LOC for you. It's not exactly the same as the student LOC as it stays open when you are in practice (the student LOC converts to a loan that you pay off over the years). Usually the transition LOC is set up so the limit is the value of 2-3 months of your expected salary. I have never heard of a bank going over 275k on the student LOC. Link to comment Share on other sites More sharing options...
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