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OSAP and Bank Loan for School


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Dear all,

 

I will be moving to Kingston for phsyio for this upcoming school year. I will apply for OSAP soon, but I doubt they will give me enough money for tuition and living expenses since I worked last year.

 

1)Does anybody know any good banks or programs where they offer a personal line of credit to students, especially those entering the health care field?

 

I'm looking for things like

-good interest rates

-grace period after graduation to pay back funds

-enough money for renting

 

Thanks,

 

DBZ

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I have been looking into this as well. I talked to an advisor at my current bank (RBC) and they have a professional student line of credit which offers up to $45000 (minus current student debt) for someone in a physiotherapy program. Their interest rate is prime + 1% and they give you a 6 month grace period after you graduate.

 

This sounds pretty good but I would be interested to know if there is something better.

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