canadian student loans

Started by carizma12
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carizma12

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does anyone know about canadian student loans?

i got my first year's funding from a financial institution and im about to go renew my loan for second year. the financial advisor said i have to put in a new application..

im a little worried that i may get declined this year. i did a credit report on myself and i dont exactly have a high credit score (because of all the student loans i have - i pay my credit cards on time, but i think im considered high risk because im a student with no income)

anyways, when you apply for a line of credit and they say u can get for example $30,000 /year up to 4 years.. does that mean ur guaranteed that? im just worried that i wont be able to get funding next year and im kinda freaking out!
 
to add to that, i used to work when i was in undergrad, but now that im in professional school i have absolutely zero income! i think this may affect me? but i keep thinking, if they've funded me for first year, and stopped now, how would they expect me to finish school and pay them back? 😉

have any canadian students had trouble reapplying for their second year?