Can't Get Loan

This forum made possible through the generous support of SDN members, donors, and sponsors. Thank you.

aRnonymous

Full Member
10+ Year Member
Joined
Mar 2, 2009
Messages
131
Reaction score
0
Points
0
  1. Resident [Any Field]
So I have a slight problem. I'm a Canadian student who has been accepted to a school in the United States, but I can't get enough loans to cover the cost. All the Canadian banks will offer me is $150k CDN over four years, which would basically cover half of the $300k CDN I would need for four years of tuition and living. OSAP (goverment loans) will give me another $28k CDN over four years if I qualify for that. That leaves me with a deficit of $130k CDN which I am totally screwed for. Even though my parents want to help me they simply can't help me out that much. Banks in the United States won't help me out without an American co-signer, which I do not have. What are my options?
 
It's probably a good idea for you to find a cosigner if at all possible. Also, there may be a chance that the bank limits may increase by the time your fourth year comes around. You are also going to really want to cut costs and leave as cheaply as possible. I'm assuming your tuition is exhorbitant but not much you can do about that. Everything else you need to keep costs very low.
 
Top Bottom