Students

Am I Eligible For Government Loans?

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  • Jul 14th, 2018 8:20 pm
[OP]
Jr. Member
Nov 24, 2016
121 posts
31 upvotes

Am I Eligible For Government Loans?

I'm starting law school this September. I have enough cash/RRSP to cover my expenses, which complicates things as far as government loans are concerned. Will I be eligible for government loans if I take all my cash and invest it in something?

Government student loans are interest free while you're in school so I'll be able to use the money and pay it all off in one lump sum payment as soon as I graduate. Has anybody done something like this before?
1 reply
Deal Addict
User avatar
Aug 15, 2015
1064 posts
129 upvotes
Markham, ON
Why don't you just submit an application and find out? You sound like you are no longer working, thus making a $0 income, and those cash and RRSP you speak of are your savings.

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